Having trouble with private sales?
Are you having trouble with private sales? The market is rough out there for the inexperienced buyer. Numbers of private sales are increasing and auctions decreasing in 2018. According to the REIV last weekend there where 886 auctions held. The same time last year there where 932. Also, clearance rates at auctions have dropped from 72% same […]
Construction coming next door?
When buying a property you should find out whether there is construction coming next door or in the immediate area. This could impact you if you are moving in. It could also impact tenants if you are an investor. Often whilst projects are underway, the area is disrupted. Traffic in the area can be increased […]
Downsizing – How to do it well!
We were recently approached by a real estate publication for commentary on older Victorians downsizing from their larger family homes. Here are some top questions we answered: What Melbourne suburbs do you think are currently popular for downsizers and why? A lot of downsizers want to stay in the area in which they currently live, so […]
Should you let a selling agent bid for you at auction?
Auction advice for property buyers from Buyer Solutions Last Saturday Buyer Solutions was bidding at an auction for our investor client in Melbourne’s eastern suburb of Forest Hill. The auctioneer took centre stage and three of his colleagues placed themselves amongst the bidders to assist buyers in attendance. From the buyers perspective is this a […]
Impulsive Property Buying – What Can Go Wrong?
Impulsive Property Buying – What Can Go Wrong? If you’re in the market for a property or just have an interest in real estate you’ve probably been to an auction. Tensions are high, adrenaline is pumping, serious bidders are eyeing off their competition and vendors are nervously lurking about in anticipation. Auctions are dramatic spectacles […]
Buyer Solutions pulls out of investment property purchase. Why?
To save our client money and to ensure they buy a better property. What happened? We inspected the property Wednesday. The selling agent assured us there were multiple other buyers and he was selling the property on Thursday. They would not allow a building inspection before offers were remitted which was an immediate red flag. It’s […]
Our client had the budget, so why did we stop bidding?
One of the biggest concerns potential clients have when considering hiring a buyer’s agent is whether they will overpay. Many buyer’s agents charge a percentage of the final purchase price. The higher that price the more the Buyer’s Agent gets paid. And here lies the main difference between a greedy buyer’s agent and an honest […]
What are people looking for on realestate.com.au?
We all know how tight the competition is for quality properties in Melbourne and there is no sign of this changing any time soon. Here are a few statistics from realestate.com.au that may help you understand the property landscape a little clearer. Based on the number of clicks per online listing, Melbourne has the country’s […]
Buying new and off the plan
As a professional buyers agent, I regularly receive offers from local property developers and real estate agents for recently released new or off the plan properties. I recently received this offer via email and it provides a good example of the types of inducements that are used to encourage unsuspecting property buyers into a property […]
Location, Amenities and Property Prices
At Buyer Solutions, we know that location, amenities and property prices are uniquely aligned to influence property prices. So here are some tips that may help both home buyers and investors to secure a better property. Key Amenities people look for when buying a property. We were recently asked if good schools drive up real […]