Buying
A near impossible job for any real estate agent is to find a property that perfectly suits your needs. It can’t be done. However with your help a good agent should find you a property with most of the attributes you require. Use the 80/20 rule. If a house has 80% of your requirements and you can work on the other 20% then it’s probably as close as your going to get.
You can help the agent by stating exactly what you desire, from the land size to the number of bedrooms you need. It’s also very important to know how much you can spend so the agent is not showing you properties you can’t afford or homes that offer less than what you want.
When buying a home it’s always best to be cash ready. If you can have your finance in place or at least know what you can afford, you can then go shopping with the knowledge that you can now do the best deal possible. As hard at it may be to juggle you accommodation, it’s even harder to buy a property at the right price if you still have a house to sell.
When you are out with the agent be perfectly honest. Don’t be afraid to point out what you like or dislike about a property. You can’t hurt the agent’s feelings, and they will then have a much better understanding of what you are looking for.
Once you’ve found that near perfect home, and you’re in a position to buy then you can start negotiating. Don’t go in with a ridiculously low offer as that may hinder any chance you have of buying the home for the price you want to pay. Be genuine and fair. Market value today will look cheap tomorrow.
The buying procedure in Queensland is very simple. The agent will draft the contract and negotiate the price. Settlements are normally 30 to 60 days however can be longer or shorter if required. We can advise you on contract conditions and recommend you to a suitable solicitor, building and pest inspector if required.
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