Affordability Ensure you have pre-approved finance, if you like a property chances are so will others. You need to be able to move quickly to secure the purchase. You should also have your builder and pest inspector lined up ready so that no time is wasted doing your due diligence.
Look around and get a feel for the market Attend ‘Open Houses’ and auctions so you have good knowledge of the type of property you’re looking for and a good indication of value. Stick to an area/suburb as values can vary substantially if you compare properties from different areas.
Nothing is perfect If there is a minor problem in the property that you like, do not let it put you off the purchase, minor problems can be fixed. Purchasers looking for the perfect property are the ones still looking after years. Make a list of all the things you want in a property, if what you are looking at ticks most of the boxes, buy it.
Develop a connection with the selling agent When you find the property that you have been searching for make sure you let the agent know by expressing some interest. Be pro active, don’t sit back, you may miss the purchase as the agent may think you have no interest. Agents are no different from anyone else we prefer to deal with people that we feel at ease with and have a connection with.
Be decisive In this day and age there can be an overload of information and opinions. If you like the property and can afford it, then that is the final decision. We have seen too many purchasers miss a property due to trying to get to many opinions on the purchase. If you are going to an auction you must show confidence in your bidding style. If it is going in early, or late in the process be strong in your bids. Even if you are down to your last penny, let your opponents think you have much more by showing strong and decisive body language and using a strong voice. Lastly stick to your budget.
