Opinion Real Estate Advice



Dear Denise
I keep missing out on properties?
DF Raymond Terrace

It is incredibly frustrating for buyers when they keep missing out on their ideal properties. It is also frustrating for your real estate agent as they also want to see you with your dream home. Now, it is not always the case but missing out is sometimes due to the buyers not taking immediate and effective action upon finding the property they wish to purchase.

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If requiring finance, I advise that buyers have pre-approval before seeking a property, so at least they know their purchasing budget. Just supplying all the documents and information the banks require is a time-consuming job.

If you are obtaining pest & building inspections book them in immediately. If you have a deposit, pay it into either your solicitors or real estate agents sales trust account for holding, ready for exchange of contracts. Sometimes a transfer of funds to this account can take a few days depending on your transfer limits with your bank.

If the real estate agent tells you that it is imperative for you to move quickly because you have buyer competition, listen and take fast action NOW!

Hope that helps.

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