Our Service In 3 Steps

Step 1: Build Your Search Criteria

The first weeks are spent developing your search criteria. This includes suburb selection, establishing your property requirements and budget expectations to live market listings.

We would never recommend you a property that we wouldn’t buy ourselves, both on and off the market. Our choices are always tailored to your requirements and goals. Our buyers agents will shortlisting high growth properties that maximise returns from a capital growth and rental return prospective. Property recommendations are sourced from on-market, coming to market and off market sources.

Question: Can I recommend homes to my buyer’s agent for assessment?
Yes, in fact a more engaged buyer has a higher chance in getting into the market sooner. At this stage it’s common to have a few zoom meetings to discuss and evolve your criteria.

Property Investor Podcast
Check out my podcast on the pros and cons of using a buyers agent.

Step 2: Property Inspections & Due Diligence 

Our buyers agents will conduct weekly property inspections of the ‘for sale’ properties our clients have shortlisted. The client will receive a detailed video with a critical assessment of the property on every physical property inspection. This includes:

  • Assessing the streetscape: how well-kept properties are, make sure there are no visible detractors that will impact future buyers.
  • Internal inspection: assess the floor plan, assess potential maintenance issues, structural issues and commentary on the quality of finish.
  • External inspection: assess visible structural defects in walls, gutters, roof and potential maintenance issues.

Mark appraisal:
Then a written assessment of the property market value based on comparable property sales and the completed property inspection. This will assess the validity of the real estate agents advertised price and help you understand market value of the property we are assessing.

Rental Appraisal: For our investors a written rental appraisal completed by our sister company Property Managers Melb. You will be provided a report of the suburb and competing rentals of the property of interest.

Question: Can I attend inspections with my buyer’s agent?
Yes, we are happy to give you a tour of the property and answer any questions you might have. 

Question: How many properties will my buyer’s agent inspect for me each week?
Typically, 1-3 listings per week. 

Step 3: Represent you at auction or a private negotiation. 

Depending on how property is selling in the area, number of buyers in the market and how the selling agent has presented the property for sale your buyer’s agent will make the assessment of which buying strategy will favour you. 

At this point, your buyer’s agent will create a written bidding plan tailored to the method of sale (auction or private negation), you will know when your buyer’s agent is going to open bidding and set a walk away price. Your buyer’s agent will bid on your behalf while you relax and watch the show.

You will also know what will happen if the auction fails, how your buyer’s agent will manage a post auction negotiation. 

Question: Can a buyer’s agent source / help with building and pest inspections + conveyancer’s service?
Our buyers agents have a network of inspectors and conveyancers engaging.

Question: What happens if we lose an auction?
We asses why we lost the auction and adjust the criteria for success. When using a buyers agent it’s normal to buy a property at first auction but it can take longer depending on the market. For your piece of mind our plans offer a six month agreement with a fixed rate regardless of how many auctions or negotiations we attend. For more information on our plans: Buyers Agent’s Fees. 

Property Investor Podcast

Check out my podcast on how qualified is your buyer’s agent?

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