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Buying tips for meeting deadline pressures

 

Buying property as the market bounces back after its lull can be challenging, especially for first-timers who’ve not experienced the pressures of sealing a deal.

If you have a pre-approved loan, your lender will often set a 12-week deadline before you need to apply again.

These buyer guidelines will help you respond quickly to an opportunity so you beat the clock. 

Be prepared

Research is a critical element of a property search. Check out neighbourhoods and target properties, and be confident you know what you want before seeking loan pre-approval. Once granted, you’ll respond to opportunities with greater confidence. 

Keep conditions

Make an offer conditional on final mortgage approval and the obligatory building and pest inspections. The majority of other interested buyers will be in your position. Do not yield your conditions on an offer.

Teamwork

Line up a solicitor and conveyancer so your legal team is ready once you’ve gained loan pre-approval. Don’t waste time searching for these services once the clock starts ticking.

Quick response

Don’t delay organising building and pest inspections. These can usually be done within a week of making an offer. 

Cooling off

Buyers have a cooling-off period. You want those obligatory inspections conducted before your cooling-off period expires.

Be upfront

There’s no harm in working with the seller’s agent. An agent will facilitate a sale but won’t play favourites with buyers because they work for the seller. Nevertheless, being honest about your intentions will be appreciated.

Always negotiate

Don’t divulge your spending limit as this is a solid negotiation principle. If you remain interested in a property, ask the agent to keep you in the loop.

Turn on the charm

Always be engaging and friendly. Even if one property doesn’t do it for you, perhaps the agent has others that are more suitable. In a tight, fast-moving market, you work every angle to your advantage.

Let’s discuss your home selling strategy.

By choosing us, you’ll benefit from our expertise and commitment, ensuring you feel confident and valued throughout the entire process.

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Carla Shields

Ben and the team did an amazing job selling our house. They know the market so well and gave us the best advice throughout the whole process. We have used them before and so glad we choose to use them again. Highly recommended.

Alex Hewton – Malins

This is the second time we have sold with Ben and both times the result has been outstanding. On a personal level we click and its clear he actually cares about both the sellers and the buyers he is working with. The result we achieved and the sheer quantity of offers received in a dead market shows what an outstanding salesman and marketer Ben (and is his team) is.

Jaan Turia

Ben worked exceptionally hard on our behalf to get the sale over the line. Ours was not straightforward by any means, and Ben navigated through the many twists and turns to ensure a very satisfactory outcome for us. We highly recommend Ben. 🙂

Jason Pepping

Ben is a very personable agent. He has excellent communication and was usually available to answer any questions we had, regardless of the hour!

Yasas Gamage

Ben, Peter and Jade. You guys are the most awesome Real Estate Agents we have ever met. We went to hundreds of open homes and met many agents throughout our search for a home, yet we would come back to you straight away for our next house. Thank you!

Jo Mcgeachin

Ben was extremely easy to talk to and very informative about how things would progress. He listened to us and advised us about the right way to go. We are very happy with his pleasant and professional manner.

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