Property Buyers Agent – Perth Property Investment
The only buyers’ agent in Perth who specialises in property investment
If you’ve ever invested in real estate, you'll know how much time and effort can be spent choosing the right suburbs, comparing properties and negotiating with real estate agents. The good news is that there is now a smarter way to invest; by letting the experts at Momentum Wealth do all the hard work for you. With our inside knowledge of the Perth real estate market and proven investment strategies, we’ll find you a property that outperforms the market.
- Different packages
- The process in a little more detail
- Unrivalled research reports
- The benefits of going off-market
- Why you should employ a buyers' agent
Don't forget to request your FREE Info Pack!
Different packages
We have two different packages with varying levels of involvement on your part:
Package A – Leave it all to the Perth property experts
With this
package, you sit back while we take care of everything. We will not only scan
the market for high potential properties that meet your requirements but also
actively source “off-market” property. We will carefully research and present
you with a report on suitable properties and once you’re satisfied we’ll
negotiate the best possible purchase price and terms on your behalf. This
package is suited to people who do not have the time or the expertise to locate
a suitable investment property.
Package B – You locate, we do the rest
Package B is
similar to Package A except that with this package you find the property and we
take it from there. All you have to do is inform us of a property that you think
is suitable and we will research it to make sure it is a viable investment and
to gauge a realistic market value. Then, we will negotiate the purchase after
agreeing with you on a maximum price. This package is suitable for people who
have the time to search for properties but who still want the assurance that
they are purchasing a good investment property at a reasonable price.
Want more information? Request a FREE Info Pack!
The process in a little more detail
1. Establish Requirements
The first stage is to
discuss and define your property investment requirements. In doing so, we will
look at the type of property you are looking for, your price range, preferred
locations, as well as your long term investment goals, which play a vital role.
If you are unsure of the right path to take we are always happy to share our
wisdom (see our Investment Planning
service). We prefer to meet in person so
that we can get to know you, but for those who are not based in Perth,
or even Australia, we can establish your requirements over the phone or
via email.
2. Perth Property Search (not applicable to Package B)
This
stage involves sourcing suitable investment properties through both on-market
and off-market channels. We will scan the market for suitable properties, making
initial enquiries with real estate agents and visiting home opens, in order to
find properties that meet our strict investment criteria and are competitively
priced.
We also spend a great deal of time and money sourcing off-market
property (i.e. property that is not listed with a real estate agent), which we
offer to our clients. These off-market properties are purchased directly from
vendors and can be acquired at excellent prices.
3. Perth Property Research
We do some preliminary
research on the properties that we believe are suitable and then present you
with a convenient overview containing key information about each property. After
you have reviewed the properties, you then tell us which of the properties you
are interested in so that we can proceed.
We will do an
appraisal on the property using comparable sales data to determine its market
value. We explore why the seller has decided to sell and the history of the
property.
If you wish before placing an offer, you may also
choose to inspect the property yourself. You are under no-obligation to purchase
a property presented to you and can continue receiving new property reports
until you are ready to proceed.
4. Develop and execute a negotiation strategy
Once there
is a property you are interested in, we’ll meet with you to discuss the maximum
price you are willing to pay and then devise an optimum negotiation strategy
that will ensure you acquire the property at the lowest possible price.
Representing your best interests, we’ll also work at securing favourable terms
and conditions.
5. The due diligence period
When we submit an offer on
your behalf, we incorporate into the offer a special due diligence clause that
essentially gives us a set period of time in which to conduct building and
termite inspections. This due diligence clause is very important, as its purpose
is to protect your interests and is a far safer option than relying on the
regular clauses provided by selling agents. The clause gives us the option to
terminate the offer if we uncover any issues that we believe will adversely
affect your investment. The due diligence period gives us the opportunity to put
together a comprehensive research report on the property, giving you all the
information you need to make an informed decision.
6. Purchase
After an offer has been accepted and all
inspections completed to a satisfactory outcome and you are satisfied with the
property, the purchase proceeds to settlement.
Find out more by requesting a FREE Info Pack!
Unrivalled research reports
Our property reports are very comprehensive, providing all the key property and investment related information necessary for you to make the most informed decision, including:
Property Information
- Full description of the property including photographs
- Profile of the suburb and neighbourhood
- Location map
- Description of local amenities
- Land specifics including zoning, lot shape and size, solar orientation and privacy
- Evaluation of the exterior and interior of the property
- Termite inspection report
- Building inspection report
Investment Information
- Purchase price
- Estimated current value
- Comparable sales data
- Total estimated after tax cost per week
- Depreciation schedule explaining the tax depreciation benefits
- Estimated rental income
- Estimated expenses
Don't forget to request your FREE Info Pack!
The benefits of going off-market
There are many benefits to buying a property that is considered to be “off
the market” (i.e. not listed with a real estate agent and therefore not
advertised for sale to the general public). The obvious benefit is reduced
competition. When a good property is advertised for sale, it inevitably attracts
many interested buyers, who can drive up the price. This is not a problem when
you buy an off-market property, as you are generally the only buyer negotiating
with the seller.
By gaining access to both on-market and off-market
property, you are exposed to a wider selection of properties and can therefore
secure the best available deals. Furthermore, off-market properties can often be
purchased at exceptional prices, as they are purchased directly from the owner,
who doesn’t have to pay a sales commission and various marketing fees that are
‘built-in’ to the sales price. Only Momentum Wealth provides you with this
advantage.
Want more information? Request a FREE Info Pack!
Why you should employ a buyers’ agent
Save time
A buyers’ agent can save you the lengthy time
involved in locating and researching the right properties. Rather than spending
your weekends researching and visiting home opens, a buyers’ agent will find
your property while you focus on your family, work and the other important
aspects of your life.
Have someone representing your interests
Sales agents
work for sellers and are obliged to get the highest possible price for the
seller. A buyers’ agent, on the other hand, works solely on your behalf and has
access to the same sales data as selling agents. Through giving you professional
representation, a buyers’ agent can tip the balance in your favour.
Contract Negotiation
A buyer’s agent will negotiate on
your behalf and help you acquire your desired property at the lowest possible
price. A buyers’ agent will also aim to include special clauses into the
contract to protect your interests. Buyers who choose to go it alone without
knowledge of real estate contracts are often forced to use the clauses
recommended by the sales agent, which are intended to assist the seller.
Secure the best properties at the best possible
price
Buyers’ agents are property experts who keep up to date with
price movements and recognise when a property is competitively priced. Their
expertise can not only help you locate a good property but also to acquire a
property at a lower price than you would be able to on your own.
Save money
Buyers’ agents will use their highly developed
research techniques and negotiation skills to save you money and secure your
desired property under the best terms and price.
Receive impartial, independent advice
A buyers’ agent will give you impartial
advice regarding your property purchase, whereas a sellers’ agent must represent
the seller and try to secure the highest possible price for their seller. A
buyers’ agent will dedicate their time and attention to find a property that’s
right for you. Most importantly, a buyers’ agent has your interests at
heart and will help you make informed decisions.
Find out more
by requesting a FREE Info Pack!
