You’re in love with a property and it’s going to auction. Does the thought of actually bidding have you so nervous you’d rather miss out altogether on securing the property?
The Newcastle real estate market is hot and many properties are now listed as going to auction to capitalise on this strong demand. If you are a seasoned property investor this wont faze you in the slightest. But for everyday property investors, family upsizer’s and first homebuyers this can be extremely daunting.
Do you know the best strategy to win at auction? Do you know how to correctly price the property? Do you know about intimidation from fellow bidders to get you to pull out? Do you know how to speak and negotiate further with real estate agents if you need too? Have you already checked the flood zones, or whether any DA are in place for next door? Or even had a building inspection organised prior to the auction date?
What if we told you there were trained professionals who can bid on your behalf and save you from making an emotional impulse purchase for too much? These experts are called Buyer’s Agents (also known as Buyer’s Advocates in some states). A newer concept in real estate, one that is gaining ground for the benefit of the buyer in the property transaction. You might recall hearing about buyer’s agents if you’re a keen ‘The Block’ fan. Every season without fail you will see buyer’s agents bidding on behalf of clients and in some cases, winning at auction. This season was no exception with numerous buyer’s agents at the finale.
Property Solutions 101 is Newcastle’s premier Buyer’s Agency. We have a combined 40 years experience in real estate and every member of our professional team has owned, developed and invested in our own properties. So we know exactly how to successfully win or when to walk away at auction. Either way, we can save you thousands of dollars and save you from any unnecessary stress in the lead up to auction time.
Property Solutions 101 has a strong success rate of winning bids at auction. When we have pulled out on our client’s behalf at auction it’s usually when as the property was going over the market value, thus saving our clients thousands of dollars from an emotional overbid at auction.
Upon hiring a buyer’s agent to help represent you at auction, you need to make sure you only hire a true and independent professional that will only look out for your best interests. A buyer’s agent with years of experience and one which doesn’t just talk the talk, but one that can deliver great results for its clients.
We have successfully represented many clients at auctions, including recently a defence family looking for a property in the ever-popular suburb of Merewether. A tough auction strategy was implemented with the successful winning bid actually tens of thousands lower that the agreed budget cut off point. Our client was ecstatic and said, “we can’t thank the team at Property Solutions 101 enough. We really couldn’t have done it without your expert help.”
If your interested in finding out more about the auction service at Property Solutions 101, get in touch with us today on 0421 646 108.
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