Help and Advice
HOW DO I CHOOSE THE RIGHT AGENT?
There are a number of factors to consider when choosing your agent; their experience, past sales, marketing options and the commission fee they charge. More importantly though, you should choose an agent that you get along with, provides value, honest and open communication and has your best interests at heart.
HOW DO I DETERMINE IF AN AGENT IS PROVIDING ME WITH A REALISTIC PRICE GUIDE?
Do your research. The best way to find out for yourself is to act as a buyer. If you were buying in today's market and moving to your neighbourhood, what are the prices of other homes similar to yours that are for sale and that have sold? Some quick google searches will provide you with an indicative price range for your home.
HOW CAN I MAXIMISE THE SALE PRICE OF MY HOME?
If your home is more likely suited to a buyer that will want to move in straight away, we recommend making the property faultless. Buyers will walk through your home looking for faults such as damage or wear and tear to try and bring you down on the price. Ensure your property has had a thorough professional clean and have fixed any broken fixtures. Lastly, slap on a fresh coat of paint if necessary and finish with some fresh mulch or pebbles in the garden bed for street appeal.
If you have an investment style home such as tenants already in place and lease does not expire for some time, then you are targeting potential investors to buy your home. Investors are mainly interested in minimal maintenance and the returns they can achieve through rent, rates and water usage.
HOW DO I KNOW IF AN OFFER I HAVE PUT ON A HOME TO PURCHASE HAS BEEN ACCEPTED?
Allow 24 hours for a response regarding whether your offer has been accepted or not. However, an offer on a home is not 'officially' accepted until you and the owner sign the official REIQ Contract and it is dated and sent to you.
IS THERE A 'RIGHT TIME OF YEAR' TO BE IN THE MARKET FOR BUYING A HOME?
The short answer is no. House prices depend on a number of factors such as supply, demand, interest rates and other market conditions and these can all vary incredibly from one city to the next. Rather than looking at a specific time of year, the number of days a home has been on the market is a great indicator of your negotiating power. If the home was recently listed, the seller will have had less time to test the market and gauge buyers’ response to the price, and will be less likely to negotiate.
HOW MANY HOMES SHOULD I LOOK AT BEFORE I MAKE A DECISION?
There is no magic number when it comes to buying a home. Similar to trying on a wedding dress, or buying a car; you'll just know when it feels right!