Real Estate

Get secret agent to help secure sale

AS a professional buyer’s agent, I am often asked by clients, ‘how do we have our offer accepted?’.

Here are the top five things you need to prepare for before negotiating.
• Price research – make sure you know the true value of the property don’t just rely on what the agent tells you. 
• Contract review – have your solicitor/conveyancer thoroughly review the contract and send you any amendments.
• Building and pest or strata report – order and have this reviewed by a professional.
• Finance – check you have your finance pre-approved. Never make an offer without something in writing.
• Deposit – make sure you are ready with a bank or personal cheque.
Remember it’s not just price you can negotiate on, there are a number of other factors to take into account.
• Price – see what the interest has been and how motivated the vendors are to sell?
• Terms – length of settlement, check what the vendors require,
• Unconditional – including a 66W certificate this will waive your cooling off rights. Only ever use this once you have completed your due diligence and had advice from your solicitor.
We often see buyers make common mistakes when negotiating but these can make or break a deal.
Some include: Taking your time; thinking the agent is playing games when they say they have interest or an offer and getting disappointed when they sell to someone else; not keeping the agent up to date on where you are at; not just negotiating on price, terms are just as important; and not doing detailed research on comparing prices. 
If you don’t feel confident and would like an advantage in a changing market, why not have a secret agent on your side? Give Amanda a call on 0410 608 352.