Why use a buyer’s agent?

Of course you can buy property without assistance, but the vendor is represented so why shouldn’t you be?

We can demystify “agent speak” and give you clear guidance.
It’s hard to know what to believe and what not to. Believe it or not, selling agents don’t know when to believe buyers either. We can cut through all this confusion and be your credible source of information.

Give yourself a competitive edge in a sellers’ market.
We know what tactics to use and how to time offers to minimize the risk of competing with other buyers.

We can recognize potential in a property that you can’t.
Buyers these days are used to seeing well presented property and often can’t see a diamond in the rough. Our experience allows us to quickly see opportunities that aren’t obvious – this is where people make money in property.

We can recognize a lemon when you can’t.
We have been involved in buying and selling property though good markets and bad. At the moment, everything is selling, however the market will return to normal and we can help you avoid purchasing a property that would be difficult to sell in a buyers’ market.

Finally, we give you the confidence that your final decision is the right one and that you are paying the right price.

For more information on buying property in Sydney go to www.gooddeeds.com.au

Real estate buying stages.

Trying to buy a property in a sellers’ market is no walk in the park. We meet buyers at all stages of the purchase cycle – do you recognize yourself in this list?

1. Optimism – this is fun, you are excited, and nice to selling agents
2. Disappointment – first auction goes 20% over what you thought it would sell for
3. Disbelief – at what people continue to pay
4. Anger – at selling agents for under-quoting, at other buyers for over-paying
5. Resentment – you pack up your toys and stop playing for a while
6. Resignation – that the market is continuing to rise despite your lack of participation, you still want to buy after all
7. Desperation – you try to talk yourself into anything just to get into the property ladder and get your Saturdays (and sanity) back
8. Wisdom – learn from your mistakes and/or get expert help!

For more information on buying real estate in Sydney go to www.gooddeeds.com.au.

Is the Sydney property market about to turn?

Frustrated buyers are waiting for the market to slow down and after this week’s interest rate rise (the 6th since September 2009) we are asking the question – what will be the tipping point?

We are seeing a few indications that the property market may be starting to cool.

• Firstly, an article in last Saturday’s Sydney Morning Herald said that there are a record number of auction listings this month. More listings means that buyers have more choice and more choice usually means less competition, which in turn means lower prices.

• I went to another Westpac briefing yesterday and they are seeing the first stages of a drop in consumer sentiment. If buyers are not confident in their own financial security they will begin to act with more caution.

• Anecdotal evidence from agents selling property in outer areas of Sydney is that things have cooled in the lower price bracket. Since the first home buyer segment lead the current real estate charge it only stands to reason that it should also lead a slow-down.

Having said all this, we are heading into a winter market, where low stock levels traditionally result in heightened buyer demand and continued price growth. So the tipping point may be delayed until spring is upon us.

For more information on buying property in Sydney go to www.gooddeeds.com.au.