How you can beat the offer queue and secure your dream property.

Finding a property that you’d like to purchase can be a fun process. You might even start picturing what your life could look like in that home as you inspect it. But actually securing that property? In the current competitive property market, that can be a completely different story. 

If you’ve found what you thought was your new home, only to have your offer declined, you’re not alone. However, that certainly doesn’t mean it’s impossible. Researching the property ahead of time, inspecting it in detail and taking the time to understand the vendor’s needs are all things that don’t go astray when it comes to preparing to make an offer. As your broker, I can help you prepare so that you can put your best foot forward when you make your offer.

Here are some of my top tips:

Secure a property report: A property report contains information relating to the property’s estimated value and any sales history. It also provides helpful information about the surrounding area. If you’re interested in a particular property, reach out for your free report.

Get a good solicitor/conveyancer on your team: Your solicitor/conveyancer will be able to guide you through any questions that you may want to ask the real estate agent, such as about the body corporate. They can also look over your offer to make sure you are covered.

Secure pre-approval: When you secure pre-approval, you have a much more accurate idea of how much you can borrow and therefore exactly what you can be comfortable offering. It also shows the vendor you are a serious buyer. I can provide guidance in relation to finance clauses and how these relate to your pre-approval. 

If you’re looking for a dedicated guide throughout your property purchase journey (including making an offer), I’m here to help.