3 Key Things to Remember when Buying or Selling Property

Looking to sell or buy property, but unsure about key aspects to be aware of before taking the dive?

As property professionals, the team at Ayre Real Estate have seen it all! We know the recommended steps you need to take to either secure your dream home, or that result in a seamless sale transaction and minimal stress.

01. Identify your budget and non-negotiables

The first step to success is being realistic in what you’re looking for. Identify your financials and obtain pre-approval before starting your property search so when the time comes to buy, you can act fast. If you’re looking in a particular location, make sure to look in the surrounding area to make sure you have the amenities you need to suit your lifestyle. Do you need a car space? What about internal storage? Write a list of key property aspects you don’t want to budge on, so you know you’ve got them all in your dream property.

Look through similar properties in the same area that have recently sold to develop and understanding of the type of budget you’re looking in.

02. Find a real estate agent you can trust

This is one of the most important steps when it comes to selling your property. Working with an agent who is transparent, reliable, and committed to helping you achieve your property goals will make all the difference in the long run. Build a working relationship with an agent that you can trust to maximise your sale result and experience.

Likewise, when buying a property, it is imperative you find and  connect with an agent who has your interests front of mind and who is happy to work with you to help find and secure your ideal property.

 03. Dive into strata fees and additional costs

Obtaining a strata report or pest & building report prior to purchasing your home will reveal most of the past, pending, planned, or needed repairs. This is a great way to plan your budget for the property you’re looking to buy and will provide peace of mind that there won’t be any unexpected costs once you move in. Your agent will be able to help you with this.

If you’re looking to purchase property as an investment, understand the additional costs that are involved with tenant upkeep and property management. If you’re feeling overwhelmed, speak to your local property professionals for a deeper understanding on the additional costs involved with an investment property.

We are for apartments.

If you are considering buying or selling your apartment in Sydney city or its surrounds, we would love to help you. Ayre Real Estate are specialists in apartment living and ready to help find your ideal property. Talk with us today to find out more.