Unfortunately, the real estate sales agents refer to buyers as liars. It is an interesting view to say the least. Let’s face it, Real Estate agents aren’t the most honest people you will come across, so it’s contradictory.
If you want to be treated as a serious buyer
- Make sure that you have preliminary finance approval.
- Put your offer in writing. There is no obligation for you to buy the property until you and the seller have signed the Contract of Sale.
- Have a competent solicitor or conveyancer readily
available;
- In a heated market, you’re best to put your offer on a
Contract of Sale with 0.25% of the offer.
Make sure you seek independent legal advice before doing so. There is no binding agreement in place until
both seller and buyer sign the contract.
- Engage the services of a real estate buyer agent they
work independently for you. You will be
treated as a serious buyer by doing so, and it could be the difference between
being a successful or unsuccessful buyer.
Sales agents love dealing with buyers’ agents as they know the buyer is
pre-approved, are committed and that they will be well guided and are
genuine.
- It is essential that if you are buying a house, you
engage the services of a pest and building inspector. If the property is an apartment or townhouse,
make sure you get a professional strata inspector to carry out an inspection of
the strata records. These reports can
assist a skilled negotiator to use them to their advantage.
- Remember that your offer can always be increased, so
read up on negotiations. Engage a
buyer’s agent to negotiate the price for you.
You will pay a fee; they can research the market with access to data
that is not available to the general public.
The information provided is general advice only and should not be construed as legal or financial advice. If you are considering buying a property, you should seek independent advice from a person qualified to do so.
