This week Sam and Chayse answer audience and follower questions. They talk through the critical aspects of buying a home in Brisbane and emphasise the importance of preparation, knowing what to look for, and setting realistic expectations.
They share experience and insights on identifying the right property, managing negotiations, and understanding past, present and future market trends; and also answer questions on broader market conditions, challenging interactions with real estate agents and what to expect in terms of house pricing and interest rates in the near future.
House Hunting Strategies: Treating house hunting like work will increase your chances of success. Set clear goals and work systematically.
Making Offers: Be strategic and set expectations when making an offer. Clear communication with the agent is key.
Preparation: First home buyers should prepare by building a team of experts around them, including mortgage brokers, conveyancers, (and even buyer's agents).
Building and Pest Inspections: Knowing how to interpret these reports and negotiate based on the findings can save you money and hassle.
Market Trends: Understanding current market conditions and how today’s market compares to last week and last month so you know where to make great, acceptable, offers.