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Buyer’s Agent Services

 

FULL BUYERS’ AGENT SERVICE

An all-inclusive service encompassing all aspects of the property purchase.  Suitable for buyers who want full representation in the purchasing process.

Turnaround for investment property is typically between 7 and 28 days from engagement.

The service includes:

  • Comprehensive property search
  • Evaluation & reporting
  • Contract structuring & negotiation
  • Post-purchase administration
  • Property management support and advice
  • Oversee settlement
  • Post-settlement advice

Each of these steps is outlined in detail below.

1) COMPREHENSIVE PROPERTY SEARCH

  • Strategic property search process
  • Source hidden gems and off market opportunities
  • Local area & street analysis
  • Attend inspections
  • Liaise with real estate agents

2) EVALUATION & REPORTING

  • Property assessment using numerous data sources including, but not limited to, sales history, location, local amenities, area demographics, zoning & capital growth potential
  • Flood analysis & reporting
  • Walk through videos
  • Comparable Market Appraisal (CMA), or price analysis of recent and comparable sales to ascertain market value
  • Assess competition in the market
  • Building & renovating advice to increase capital value & rental return
  • Provide recommendations on making offers

3) CONTRACT STRUCTURING AND NEGOTIATION

  • Contract review
  • Contract structuring – insertion of clauses that optimise benefits for the buyer
  • Negotiate the lowest purchase price and the most favourable terms and conditions
  • Facilitate the signing of contracts

4) POST PURCHASE ADMINISTRATION

  • Monitor post-purchase transactions through to settlement
  • Body Corporate, title and other conveyancing searches take place
  • Co-ordinate administrative services including legal representation, financiers, building and pest inspections and property managers to ensure essential deadlines are achieved within the scheduled timeframes
  • Oversee maintenance and pre-settlement conditions

5) PROPERTY MANAGEMENT SUPPORT & ADVICE

  • If your property is an investment, we can assist with the appointment of a suitable and effective Property Manager
  • Tracy has over 10 years of experience as a Property Manager, Head of Department and Principal and Licensee of 2 boutique real estate agencies. This holds her in good stead to provide clients with expert and practical advice when it comes to one of the most important aspects of property investment

6) OVERSEE SETTLEMENT

  • Manage the lead up to settlement ensuring that all parts of the process are completed in a timely manner
  • Liaise with the agent, conveyancers, inspectors, banks and brokers.
  • Assist the client meet their responsibilities
  • Manage contract variations and pre-settlement tasks
  • Attend pre-settlement inspection on client’s behalf
  • Action items that require attention
  • Ensure settlement goes smoothly

7) POST-SETTLEMENT ADVICE

  • Continue to assist with any queries or unresolved issues such as property management, tax depreciation schedules, etc.

 

PARTIAL BUYER’S AGENT SERVICE

Some buyer’s only need assistance with part of the buyer’s agent service. Whether it’s evaluating, inspecting or negotiating on a property, Cherish Property can help. Contact Us to discuss your requirements.

AUCTION BIDDING

There are many reasons why property buyers should engage a professional bidder to assist them on auction day. Inexperienced bidders often:

  • Don’t have a strategy
  • Don’t stick to their strategy
  • Bid against themselves
  • Bid based on emotion, not logic
  • Pay more than they could have
  • Don’t understand a vendor bid
  • Are unaware when a property is actually for sale
  • Don’t understand What ‘passed in’ means and its implications
  • Let the auctioneer take control of the auction, and them
  • Allow the auctioneer and salespeople around them to influence them
  • Spend more than they intended and have buyer’s remorse

Tracy has experience bidding and winning at countless auctions. We understand the process and nerves don’t get the better of us. Tracy sticks to a clear strategy and your price limit so you won’t pay more than you must and you won’t go over your budget. Tracy’s focus is to assist you in identifying true value and avoid being pressured into making an impulsive decision which may inevitably result in an unfavourable outcome.

The Process:

  • A discussion prior to the auction to discuss the property’s value, your budget and a clear auction strategy
  • Complete the paperwork for us to act on your behalf
  • Pre-auction offer negotiation services if required
  • Execution of bidding strategy for you on auction day
  • Post-auction pass-in negotiation services if required
  • Signing contracts
  • Post-purchase support through to settlement

NOTE: The auction bidding service is included in our Full Buyer’s Agent Service. Alternatively, it can be used as an independent service.

PROPERTY NEGOTIATION

If you have found a specific property, but are unfamiliar with how an effective property negotiating process is executed, or you are simply worried you may pay too much because you may become emotionally involved, this service enables you to be involved at arm’s length with the help of a professional property negotiator and mediator. You give us the address. Cherish Property does the rest!

The Process:

  • Inspect the property
  • Present a report and walk through video, if required
  • Liaise with the real estate agent
  • Negotiate the lowest purchase price and the most favourable terms and conditions
  • Contract structuring – insertion of clauses that optimise benefits for the buyer
  • Signing contracts

PROPERTY INSPECTIONS

For clients who need a local expert to conduct inspections and report back on the findings, this service is perfect when you know your location and have the properties in mind. Cherish Property will:

  • Inspect the property
  • Video the property
  • Generate reports related to flooding, council zoning and a comparative market analysis
  • Provide a full report including a walk-through video and her comments on the property and its location