Buyer Advocate - Melbourne

For the diligent and ambitious Melbourne buyer, Real Estate Angel offers a complete buyer advocate solution. Please call Jason Wier on 0414 288 038 to discuss your service requirements and a quote for our service.

Purchaser Analysis

Property Search and Assessment

Negotiation and Purchase

Settlement and Ownership

We will develop your specific property purchase plan, which we follow in order to secure you the most suitable property at the best price, based on your current needs and your future goals.

Initial Consultation - Purchaser Analysis

Through a system of two way questions (and answers) we aim to identify the exact budget the client should be working within.
The same consultation will also identify an accurate and completed set of personal criteria such as accommodation size, bedrooms, construction styles and general location.

What are your motives for the purchase?
Do you want to owner occupy or rent out the property?
Or do you want to buy, renovate and sell for a quick profit?
Do you plan a short, medium or long term ownership?
Are you capable of small maintenance tasks or do you require a completely maintenance free property?

This consultation will also identify critical qualities and characteristics that must be found in the property selected.

Budget Identification
What deposit do you currently have and what government benefits might you be entitled to?
What is your current monthly savings capacity?
What time frames of settlement do you require?
What are your expected spending requirements in the future?
Have you organised your finance thoroughly and arranged for a pre-approved loan?
What is a feasible and fair spending limit required to obtain the best suited property and location?

How much wealthier do you want to be from the purchase of real estate and in what time frame do you want to achieve these goals?

Accommodation Identification
There are key physical characteristics which must be found in the property for it to be able to meet future price value targets and your personal criteria: The ceiling height; off street car parking; actual room sizes and overall floor area all contribute to the sum of the property's current and future appeal.

Some property types will prove to be a completely unsuitable purchase decision if they are missing certain physical qualities.

We will make sure to identify the critical "Must Have" qualities for "Your" successful real estate purchase.

Location Identification
What is the true purpose of your purchase?
What lifestyle requirements do you enjoy or perceive your future tenants to require?
What are your work habits or the desired work habits of your potential tenants?
What areas provide the best capital growth potential for your budget and accommodation requirements?
Do you want to speculate on a high return in a relatively short time frame or do you want to achieve a steady rate of increased value over the long term?

Property Search and Assessment

Database Contacts, Internet and Private Sellers
We will search all our active sources of quality properties for sale.
Investigate the current market supply levels and quality of real estate for sale.
Identify potential property purchase opportunities and arrange appointments.

Inspection and Review
We will inspect with or without the client’s presence and review the building’s physical qualities.
Including private appointments, open houses and attending auctions of comparable properties to see first hand the actual market demand in the immediate location.

We will cut through the marketing propaganda and develop an unbiased view on the merits of each property we inspect.

Analysis and Report – Property Data
We have access to a complete collection of sales records and can determine the exact sales results for properties within the same block, street or suburb.
In most cases we can identify the previous sale price of any specific property.

If the real estate purchase is for an investment property we will also help identify the genuine market rental that should be achieved.

You will receive a short list of suitable properties and a report recommending those for further investigation and discussion.

Consult and Select – Further Inspection
The short listed properties will be further scrutinised by a second inspection which you may or may not choose to attend.
Further information will be gathered for the purposes of building a negotiation strategy.

We have access to professional building and pest inspection services and can arrange for professional inspections as required throughout the process.

If the first short listed property does not pass building or pest inspection standards, we repeat the process at no extra charge.

Please note: The Real Estate Angel "Buyer Advocate" service fee is a flat and fixed figure as quoted at the time of appointing us as your representative. It may vary a little from client to client however once quoted the figure is fixed.

Negotiation and Purchase

We will analyse all relevant paper work and documentation.

We will identify the current fair market value of the property selected as the best suited purchase target.

Seek as much general market information to provide leverage for negotiating in your favour.

Seek as much relevant information about the seller’s motivation to provide leverage for negotiating in your favour.

Use the advantages at hand of your own position to provide leverage for negotiating in your favour.

Outline a proposal (formal offer) that enables us and you the best opportunity to purchase the property at or below market value.

This may include, in the case of an Auction sale, our personal attendance and strategic bidding services.

Settlement and Ownership

Conveyancing
While we prefer that you already have an established Solicitor relationship we can help you select and appoint an appropriate conveyancing service or solicitor to manage the settlement of your property and transfer of title.

We will maintain a point of contact and communication for your conveyancing service, in order to ensure that all appropriate paper work is submitted from the contract of sale.

Finance
We will ensure that your mortgage representative obtains all relevant documentation relating to the real estate sale contract, and if needed we can refer you additional lenders for comparison.

If the property is to become a rental property, the lender will also require a "Market Rental Appraisal" which we ensure is provided along with any information the lender requests relating to the property to be financed.

Renovation Advice and Planning
Your purchase criteria may include a view to renovating for the purposes of either selling for a profit or renting at an increased yield. Or you may simply want to renovate the property to suit your own desires as a long term owner occupier.

Depending on the end purpose of your renovation, it will require expert advice and specific planning, which we provide in order to complete a renovation that suits the desired purpose.

Pre Settlement Inspection
We will inspect the property prior to settlement to ensure that the condition has been maintained to the same standard as at the time that the contract to purchase was signed.

We will request a working demonstration of all keys and any remote control access gates.

Settlement and Collection of Keys
When the time for settlement comes we will arrange for your keys to be picked up, tested for operation at the property (making sure the correct keys have been handed over), and delivered to your door.

Property Management
When the purchase has been made for the purposes of becoming a rental property, we will assist you to determine the most suitable rental managing agent.

Depending on your personal requirements we may find the actual tenant for you then help you to set up your own rental management system.

Would you like us to find your next property?

We can get you on the quicker path to a successful and profitable real estate purchase.
Please call Jason Wier, the owner of Real Estate Angel on 0414 288 038 for a friendly chat about your buying plans.