Useful tips for purchasers in a buoyant market.
The current real estate market is experiencing a very intense period – with supply of available properties insufficient to meet buyer demand.
This is a frustrating time for many purchasers, who are consistently missing out on properties, and while we are engaged to achieve outstanding results for our vendors – we are certainly sympathetic to the frustration and disappointment for you.
We have put together some practical and useful tips that may assist you with securing your purchase.
. Be prepared to act quickly if you find a property that suits you.
. Have your pre-approved finance or any other alternative financial arrangements that will assist you in formalising an offer.
. If you have any potential obstacles that may impede on your ability to view or offer on a property – find a strategy that will enable you to overcome them.
. Have a suitably qualified builder or representative that can visit a property with you at your early private inspection, and advise you on any concerns or issues.
. Be flexible and open to alternative options – focus on your essential requirements, ie; location, transport, accommodation and parking – and identify the qualities or features that you can compromise on.
. Register your buyer requirements with as many Agencies as you can – no one Agency lists all properties.
. Create an email alert with major real estate websites, so you receive an email as soon as a new listing appears that meets your criteria.
. Remember that the most favourable offer to a vendor is one at the right price and with limited or no conditions.
If you would like us to keep you informed about new listings, please feel free to register your Buyer Requirements and we will be in touch as soon as something meets your needs. Be as specific as you can – so we only forward suitable suggestions to you.
We wish you the very best in your search for a home or investment property!