Planning on buying a home in the Blue Mountains?
A new home is a significant investment, so the final decision will usually come after days, weeks, or even months of agonising over the details. After all, when you plan on settling down into a property for a few years or a lifetime, you want everything to be just right.
Unfortunately, hot properties just right for you will also be popular with other homebuyers, especially in the Blue Mountain region.
Here are four proven strategies to get you on the right track to ensure you are in with the best chance of snagging your dream property:
1. Get onto a real estate list with a local Blue Mountains real estate agent
A Blue Mountains real estate agent won’t know to call you if they don’t know you’re looking, and sometimes getting in quick is the only way to snap up the perfect property. Talk to real estates in your area and let them know you are on the prowl for a new home. Provide lots of details about the types of properties in which you are interested.
When new houses come onto their system, real estate agents would rather go through a list of hot prospects they know are ready to buy before going through the expense of advertising, so make sure you come up as a huge blip on their radar.
2. Get help from a Blue Mountains buyer’s agent
Rather than let your inexperience be a hindrance when looking for and negotiating on a property, or any dealings with a real estate agent, Blue Mountains buyer’s agents are licensed professionals who know the ropes of the property market and will be happy to assist on your behalf.
Buyer’s agents are often seen at auctions, stepping in for buyers who can’t be at the auction in person, but they can also be a full-service agent. Full-service agents typically do all the steps necessary to finding and buying a property. They will search for relevant properties according to your criteria and negotiate the price in your stead.
Because of their experience, and the relationship they have developed over the years with the real estate agent, Blue Mountain buyer’s agents will be able to whittle the price down to a much lower price than you could by yourself.
Hunting for the perfect property can be a challenge even for experienced buyers, but for the inexperienced, a Blue Mountains buyer’s agents may mean the difference between getting your signature on the contract or missing out. Don’t leave anything to chance, leave it to the professionals instead.
3. Try and see the property first
Getting a tour of a property before opening times is a neat trick many buyers won’t know to use. By getting in early, you are avoiding the rush and will get first dibs on making an offer. If the seller is in a hurry, or you make the right offer, then you may be a shoe-in for getting the property.
4. Get the money ready
Always be prepared before you start your hunt for your new home. Check your credit and know what your limits are for what you can afford. A pre-approved mortgage is an excellent strategy that will give you an edge when making an offer.
A tough market means that the best homes in the Blue Mountains are receiving multiple offers, so you also need to know when to walk away.
Knowing what your limits are will tell you when to keep fighting, and when to give up the bat.
Find a local business in the Blue Mountains right here
Our Tradebusters Connect Blue Mountains free local directory service can help connect you with trusted local businesses like tradesmen, real estate agents, property, business professionals and more.
Other Useful Links:
The Blue Mountains Local Business Directory
Mortgage Brokers Blue Mountains