Investment Property Agent

Hi Team!

Who should I put on the list to speak to in regards to buying an end to end investment solution? We would like to look at regional areas/northern australia, but hoping to find someone who has done the legwork already and has a range of newly built products to choose from?

Someone who already has contacts with the developers, has stock importantly and then the back end with finance, leasing, etc.

TIA!

 

Is there a particular reason why you are looking at purchasing a new property? You may find better value looking into an established market that won't charge you a premium upon purchasing.

 

Just the thing that you want to avoid.

Everyone on the gravy train gets a cut and is working in their own best interests not yours as the client. A few threads which touch on the topic.

Advice and insights to build property portfolio

Empower Wealth experiences?

Corbwood and associates

 

So true. In a lot of locations you could probably buy last years completed product cheaper than you can buy the same thing new, simply because of the increase in construction costs.

Furthermore I agree with Scott's comments. A one-stop-shop doesn't represent you the purchaser, they represent their client the seller/developer. They're the sales outlet, you're the person who's going to buy off them. Build your own indepedant team of:
* Buyers agent.
* Mortgage Broker.
* Conveyancer.
This will get you a much better result without any conflict of interest.

 

Many wont charge any premium. But may be acting for the vendor - a developer and even getting paid to do so. They may be conflicted in the way they assist you. A bit like thinking a car dealer really works for the buyer. Sometimes people buy dud property that isnt in their interests because someone suggested it. Buyer beware.

 

Agreed, that's probably a better way of putting it. They are inclined to work for the seller (in many cases a developer) and therefore they aren't working in your best interest as a buyer.

 

New builds in Regional areas massive red flag.