Our 5 strategic approach to home buying
When you’re buying a new home in Melbourne, you need the best property buying strategies at your disposal.
When you choose Metropole to help you locate your next home in Melbourne, the following process occurs:
Step 1 – We establish your requirements
The first step in our home buying strategy is to offer you a free initial consultation to establish your requirements. We will take into account family’s short and long term, and determining the type of property, the suburb and the strategy that we use. If necessary, we will refer you to our finance affiliates, accountants and solicitors to assist you.
Step 2 – Property search
Once you give us the go ahead, we’ll undertake a comprehensive search of Melbourne real estate, to find properties available for sale that meet your requirements. We not only have access to the properties listed on the open market, but also many “silent sales” – we know about properties before they come on the market, allowing us to offer home buying solutions in Melbourne that other buyer’s agents cannot.
We will inspect several properties on your behalf, saving you both time and money. We then assess which properties meet your requirements, identify good opportunities and present them to you (by email if required), so you can select a property. We include digital photos of the property, location maps, floor plans and further details as required, to assist you in making your decision. If one of the properties is suitable, we will then arrange a time for you to inspect it.
Step 3 – Due diligence process
If you are keen to proceed with one of the properties, the Metropole team will undertake further evaluation and assess it for suitability. This may involve arranging a building inspection, or having your solicitor assess documentation and the Contract of Sale. This is a vital part of our property buying strategy.
Among other things, we will research why the vendor is selling the property, and establish what the level of interest is in the property by the general market. This will enable us to determine the best way of negotiating the best purchase price for you. We will identify comparable sales and rentals in the area, and assess the potential capital growth of the property based on historical trends in Melbourne and future indicators.
Step 4 – Valuation
Another reason our home buying strategy in Melbourne is so successful is our access to industry databases. These enable us to obtain up to date information about the history of the property, including its last sale price. We can then assist you in determining its true value, using this comparable sales data, and arrange a valuation by a registered valuer if needed.
Step 5 – Acquisition strategy
If you decide to proceed with the purchase, we will develop a suitable acquisition strategy to ensure we buy the property at the best price for you. We will negotiate with the agent on your behalf or bid at auction, to ensure that you obtain your new Melbourne property for the lowest possible price.
Please call us on 1300 20 30 30 to find out how we can help you or complete this form to send us your wish list and we will contact you.