Top tips for first-time home buyers to buy a property, such as if the house will sell for above the listed price

0

The real estate agent gives them the best advice on buying a property – including an easy way to find out if your dream home will sell for more than the guide price

  • Real estate agent reveals why properties are selling well above listed price
  • The regional Victorian has the best tips for staying on budget and not going into debt
  • She also explained the surprising reason buyers miss their dream home.










A real estate agent has revealed her top tips for buying property as sea changers drive up prices in suburban and rural areas.

Sammi Russo, a self-proclaimed “high energy” agent from the small Victorian town of Nagambie, said it was important for buyers to stay on budget.

“My biggest tip would be to add all of your filters in the app and on the website when you jump to real estate.com,” she told Daily Mail Australia.

“Do not exceed your personal limit, do not go into debt too high. ”

Real estate agent Sammi Russo (pictured) revealed his top tips for buying property

Due to increased demand in certain markets, buyers should consider looking for less attractive properties rather than taking out a mortgage they cannot afford.

The agent said people leaving cities are increasing sales in regional cities and pushing owners to increase auction reserves above the listed price.

“If they (the owners) get 60 people into each open house, they are more than likely going to increase their reserves,” she told Daily Mail Australia.

Ms Russo also said many buyers miss their dream home because they don’t build a relationship with the agent or wait too long to answer calls and emails.

“I also see a lot of people missing the house because they never contacted the agent again,” she said.

“I’ll pass them over on a Monday.” I call them the next day … and they don’t answer my call, they don’t return my emails and then they call me on a Friday and say yes we want to make an offer.

“While I already spoke to someone the day before who wants to make an offer, it’s accepted and we make contracts.”

The regional agent (pictured) said sea changers were pushing up prices

Ms Russo (pictured in a TikTok video) explained why it appeared agents were undercutting

The real estate agent said it was important to be prepared to sell a home at auction for more than the price the agent quoted.

“As agents, we have to have comparable sales close to home to justify our reasoning on this price guide, but that ultimately depends on the owner,” she explained.

Ms. Russo’s other top tips for home buyers are to make sure the financing is pre-approved, do a thorough building inspection, and check for first-time home buyers and any incentives that are offered. by local councils.

THE BEST TIPS FROM THE REAL ESTATE AGENT FOR BUYERS

  • Homes in some markets are priced higher than listed because of buyer demand, not because the underlisted agent
  • Define search filters with your maximum price and don’t look above that limit
  • Keep your cool at auction and don’t let your emotions take hold
  • Build a relationship with the agent and let them know you’re interested
  • Respond to agent calls and emails immediately so you don’t miss a thing
  • Do a home inspection before buying an old home
  • Check the town hall’s first-time buyers incentives
  • Buy a property that is less attractive than you can afford Buy another “dream” home that you cannot
Ms Russo recommended adding filters to property searches (pictured) and sticking to them

Ms Russo recommended adding filters to property searches (pictured) and sticking to them

Advertising

Share.

About Author

Comments are closed.