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<\/p>\nThe market has moved on to the next phase of the property cycle.<\/p>\n
This means both buyers and sellers both need to adjust their strategies to be successful.<\/p>\n
So here are some\u00a0tips to help no matter which\u00a0side of a property transaction you find yourself on:<\/p>\n
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Even though our property markets have slowed down a little there is still a shortage of A-grade homes on the market.<\/p>\n
This means some properties - the right properties - are still being snapped up quickly.<\/p>\n
So when you find the right property you will need to be prepared.<\/p>\n
Have your finance pre-approved, and have your team prepared. \r\n
By this I mean have a conveyancing solicitor who can check the contract of sale quickly for you and details of a building and pest inspector who can check for any hidden faults.<\/p>\n
Now, more than ever, careful due diligence is critical otherwise you won't accurately gauge what a \u2018good price\u2019 is.<\/p>\n
With our property markets adjusting, property values are hard to gauge so only use recent comparable sales to help you estimate the price of the property you're interested in.<\/p>\n
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Do your macro suburb-based research and understand the different precincts with unique suburbs and why some are more desirable and more valuable than others.<\/p>\n
Go to as many auctions as you can to gauge the mood of the market and see what properties are selling for.<\/p>\n
Selling prices are a more important part of your research than advertised asking prices. They inform you what's really happening on the ground.<\/p>\n
If you haven't got the time to inspect hundreds of properties and research the market, why not use the services of the team at Metropole<\/a> - we're in the market 7 days a week and have on-the-ground teams of local area experts in Sydney, Melbourne, and Brisbane.<\/p>\n Whether you are a home buyer,<\/strong> a beginner,<\/strong>\u00a0or a\u00a0seasoned property investor<\/strong>, we would love to help you formulate an investment strategy or do a review of your existing portfolio, and then help you acquire your investment property.<\/p>\n Click here and we'll be in contact.<\/a><\/p>\n Many of the best properties on the market are\u00a0still\u00a0<\/span>being sold by auction. \r\n\r\n\r\n But remember, actions are an unconditional sale and therefore you need to go along prepared.<\/p>\n Attend lots of other auctions to make sure you\u2019re comfortable with how it works or if you're nervous have someone with more experience bid for you.<\/p>\n As part of your research attend a number of actions by the particular auctioneer who will be selling the property you're interested in \u2013 I don't mean by the same Real Estate agency, as many firms have a number of auctioneers working for them.<\/p>\n On the other hand, seeing how a particular auctioneer runs the auctions will give you valuable insight.<\/p>\n Too many buyers want to wait for everything to be perfect before they move on.<\/p>\n Fact is...you'll never find the perfect property and you'll miss out on genuinely good buying opportunities simply because you're too hesitant to act.<\/p>\n Just to make things clear\u2026 I'm not saying compromise your standards.<\/p>\n When you buy a property there are usually three things that you have to consider<\/p>\n Many buyers waste time, emotion, and energy lamenting the properties they missed out on.<\/p>\n Instead focus on what\u2019s on the market today, not on what was there yesterday or what may or may not be there tomorrow.<\/p>\n Why not use Metropole's no extra cost Vendor's Advocacy service to help you achieve the best price for your home?<\/p>\n Metropole Vendor\u2019s Advocacy Service<\/a> is a special no extra cost service to property sellers shielding you from many of the \u201chassles\u201d of your sale.<\/p>\n When selling your property you want to\u00a0achieve the best price with the least hassle<\/a>.<\/p>\n Yet our experience as Australia\u2019s leading property buyers agency shows many vendors don\u2019t achieve an optimum sale price due to poor advice or pressure from their selling agent.<\/p>\n Now you can have an independent agent from Metropole on your side when you sell your property.<\/p>\n Click here now<\/a> and find out all about this no-extra-cost service and have a chat with one of our experienced Vendor's Advocates<\/a><\/p>\n We'll help you choose the best agent<\/strong><\/p>\n We'll make sure you engage an agent who\u2019s active in your local market, who's a great negotiator and one whose advice you can trust.<\/p>\n Don't choose the one with the lowest commission.<\/p>\n The cheapest agent is the one who gets you the best price for your property.<\/p>\n They\u2019ll simply walk away and look elsewhere.<\/p>\n Actions can be a nerve-wracking time for sellers as well as for buyers, but with 5 to 6 out of 10 properties being put to the auction are still selling on the day either at auction or just after the auction.<\/p>\n And even if you get a solid offer prior to the auction, in general, it makes sense to run the complete auction campaign and see buyers pay a little more under the emotional pressure cooker of an auction<\/p>\n Remember your property may be new on the market, but most buyers have been looking for a while and will act quickly in today's market when they find the right property.<\/p>\n If you choose to sell your property at auction, and that's a great way to sell many properties today, just as important as having the right selling agent is to have the best auctioneer.<\/p>\n A great auctioneer you can whip up a crowd, create FOMO, and often get you 5 to 10% more than an average auctioneer<\/p>\n Let Metropole help you with their no-extra cost Vendors\u2019 Advocacy Service<\/a><\/p>\n Our experience as Australia's leading property buyers agency shows many vendors don't achieve an optimum sale price due to poor advice or pressure from their selling agent.<\/p>\n3. Don\u2019t be scared of auctions<\/h3>\n
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\nHowever, most buyers have three prices in mind.
\nThe bargain price that they would like to buy the property for (unrealistic in today's environment); what they think the real market price of the property is, and the \"stretched\" price they are willing to pay for the property.<\/li>\n<\/ul>\n4. Don\u2019t wait for everything to be perfect<\/h3>\n
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5. Don\u2019t look back<\/h3>\n
5 top tips for sellers<\/span><\/h2>\n
1. Use a Vendor's Advocate<\/h3>\n
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2. Price your property correctly<\/h3>\n
<\/div>Sure in last year's hot market most properties sold quickly, but buyers are very well informed today and are in no mood to entertain overly ambitious sellers.<\/p>\n3. Let your property run to the auction<\/h3>\n
4. Get your best offer in the first week or two of the campaign<\/h3>\n
5. Make sure you have a very good auctioneer<\/h3>\n
6. A bonus seller's tip<\/h3>\n
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