Ferny Hills 
Right now in the Hills District of North-West Brisbane we are seeing fierce competition for properties as demand outstrips supply. If you are considering buying in a competitive market, there are a few things you can do to make sure you’re putting your best foot forward.
Get finance pre-approval before you start looking
We can’t stress enough how important it is to have your finance options sorted before you start making offers on properties. Not only will you have a sound idea of what you can spend but it will also mean one less obstacle that could delay purchase negotiations and see the property go to another buyer who already has their finance pre-approved.
Don’t hesitate
When it’s a seller’s market (as it is at the time this blog is being written), make sure you act fast if there is a property you are interested in. Those that hesitate will be left out of the running.
Be active
Register for online alerts on real estate sites such as realestate.com.au so you can move as soon as properties come on the market.
Most agencies will also have a buyers list. You can send them the specifications of what you are looking for in your property purchase and they will contact you when new properties are listed with them.
Look at the big picture
When there aren’t many properties on the market you might have to adjust your expectations or compromise on your ideal home wish list in order to get in the market. This is particularly relevant to first home buyers or those who have been out of the market for a period of time. Look for properties that suit most of your needs and can be used as a steppingstone to get you to where you want to be.
Consider a buyer’s agent
If you are interstate and unable to view properties in person you may wish to consider engaging a buyer’s agent that can view properties and act on your behalf during the sales process.
At Professionals Priority we are here to connect buyers and sellers using professional advice and great service. If we can be of any assistance, contact our office and we will make sure you’re looked after.
