Home

Perth Property Watch

November 27th, 2009

Perth Property Watch

Welcome to our ‘Hot Property Watch’. Here we give you an insight into the hottest property deals in Perth as well as providing articles & advice about investing in property in Perth, Western Australia.

Property Buyers WA – Case Study 1

November 10th, 2009

lux2Case Study 1 – Dentist:

You wouldn’t consider doing your own dentistry or legal representation – you outsource to a professional. When it comes to very important property decisions this time poor Perth professional recognized the value in engaging a property buyer to assist them.

James who is busy running a private dental practice, recently appointed us to assist him with his property search after months of frustration. He works very long hours and any spare time he has is precious. The little leisure time he has on weekends was being spent hunting for a property. “When I discovered that the Herron Todd White Property Advisors could take this off my hands I was delighted. I did not know such a service even existed until one of my colleagues informed me. My mind was at ease knowing that whilst I was at work focusing on what I do best I had a professional team dedicated to searching down a property that matched in with my brief. I was only allocating a few hours a week trying to find my property and getting frustrated with the time I spent taking calls from agents regarding a property that sounded like a match only to be disappointed .The HTW Property Advisor team search 7 days a week for the right opportunity and only interrupted me when the right opportunity presented– as a result I was able to achieve a great result without the frustrations I was experiencing”

When the right match was found they supported me through the negotiation stage and right through to settlement. Apart from an initial planning meeting they took care of everything on my behalf. This professional representation gave me confidence when I could not give the time needed. I did not want to make a costly mistake out of frustration so having a buyer’s agent was like having your own personal property body guard.

Property Buyers WA – Case Study 2

October 10th, 2009

lux4-660Case Study 2 – Renae, Recently divorced!

When I was married, my former husband generally looked after the finances in our family. Big decisions were always made together. However when we recently separated I was faced with the daunting task of re-entering the property market. I had many friends who were prepared to use their property expertise to assist me with my decision making – lots of my friends were property experts it appeared! Who do we get the right advice from?

One of my friends introduced me to Rob and Daren at Herron Todd White Property Advisors. I sat down with them for an hour to talk through my fears and property thoughts moving forward. They really challenged my thinking and the plan that I had gone into the meeting with was somewhat different when I left their office.

It was not long before they had been able to execute the plan that we had developed. It was great to see the team in action. I would have been hopeless trying to negotiate with the agent. Apart from them educating me in selecting the right property they were able to negotiate a lot lower price than I would have imagined.

It was a huge relief for me knowing that I had found an independent property professional that could give me the confidence and leadership that I needed at the time. Making a bad decision would have really set me back.

Property Buyers WA – Case Study 3

September 10th, 2009

luxCase Study 3 -  Check and Acquire

Some of us love hunting around for our next dream property, searching on the net or doing a tour of the home opens on a Saturday.  However, when you do find that property that you like there are many questions on your mind.  What is the current market worth of the property?  Have I done all of my homework?  What conditions should I put into the contract to protect myself?  Is this the right decision to make?  Is there a better opportunity?  I am sure we have all experience the sleepless night following the submission of an offer to purchase- commonly known a buyer’s remorse.   Well what if there was an independent property expert that could take this pressure off you!  Brad and Janine were so glad they used the service and in fact the service well and truly paid for itself.

As we were looking for our new family home we had some particular styles that we liked and we were happy to allocate some time to finding the right property for us.  We were nervous of making a mistake so we used HTW Property Advisors to assist and we are so glad we did.  Once we found our dream home they came over to the house to inspect – a bit like getting an RAC check on that car you bought.  They did a full due diligence on the property and then wrote up the offer with some carefully worded conditions.  They  negotiated on our behalf – it is so advantageous having someone doing this that buys property every week as opposed to every 7 years!  .  We would have never thought to put these types of conditions in when buying a property but in the end it actually saved us over $25,000.  They uncovered that the back wall to the garage was not council approved and the seller had rebuild the wall.  Imagine if we were unaware and when we came to sell we ended up having to wear this cost!

What the experience taught me was that you don’t know what you don’t know.  There are so many aspects to buying that can be covered by a carefully worded contract in order to protect you.  It is crazy that we tend not to seek professional advise when making one of the most expensive purchases of our lifetime!

What you need to know if you are a foreign investor in Australia

August 20th, 2009

There are certain legalities involved in terms of government regulations that one needs to adhere if one is to invest in a property in Australia.  The Australian government recognizes the need for foreign investment in Australia and works towards meeting the needs of these investors. Since an increase in the level of foreign investment into the economy will push the budget surplus and leads to steady economic growth, it’s seen as an encouraging strategy. According to latest statistics the large number of foreign investment is real estates. The Australian government has encouraged the growth of housing investments by foreigners by increasing the supply of new houses; new development projects etc so that it will not only facilitate the foreign investors but also the locals in the area.

Read the rest of this entry »

Choose a buyers agent when buying a house and lead a peaceful life

August 1st, 2009

In the past, many people who wanted to buy property went directly to the seller, made an offer and if it worked, bought the property from them. Today, this scenario has changed. With the growing demands of the ever-changing world, we see how large and thriving the real estate business has become in Australia. It is rather difficult to enter into property deals when there are so many to research on. With so many offers from in and around the country, getting a buyers’ agent to do the job would be the most ideal thing anyone could do.

Read the rest of this entry »

What can the right buyers agent do for you?

July 1st, 2009

When you’re in the market for investment property, whether in Australia or any other part of the world, you’re likely to be looking for the easiest and most cost-effective way of getting the job done and getting the highest possible return on your outlay. To ensure this, you’ll want and need the help of specialists. While there are several professionals whose services are valuable, accountants, tax consultants and the like among them, one of the most beneficial is that of a buyer’s agent.

What a buyer’s agent does, is essentially the inverse of what a selling agent would do. A buyer’s agent looks after the buyer’s interest in a property deal, and facilitates the process for him or her.

The five biggest advantages of going to a competent buyer’s agent are:

1.    Experience – A good buyer’s agent can make suggestions on which part of Australia you would gain the most from investing in based on past trends. This can help you invest in the right properties to ensure that you get the returns you want from your investment. In addition, they could bring property to your attention that you may not have had access to without their assistance. An organisation with proven results, for example, Herron Todd White Property Advisors WA, would be able to combine their contacts and knowledge to find the most appropriate suggestions for your short-list.

2.    Impartiality – The best buyer’s agents are not biased towards the seller. This means that they would provide you with information that the sellers may not necessarily consider to their advantage. You could also get information on the history of the property and developments in that area from a buyer’s agent. While there is great interest in property in the Australian market, a skilful buyer’s agent will keep you from getting caught up in the hype and investing in the wrong property. They don’t sell to you, they buy for you; which makes all the difference, putting them on your side of the line instead of at the opposite end.

Read the rest of this entry »

How safe is it to buy property on your own

June 9th, 2009

Property investment in Australia has become in recent times a trend of sorts. This however is something that will last since this is one investment where you are assured of a return on investment that is unlike any other. Having made that very clear, it is also advisable that you tap into a credible buyer’s agent who knows the A to Z of property buying. Investing in property can be at times tricky since geographical location can be a determining factor when you want to sell back your property. This is why you should be particularly wary of any properties that are sold for a fraction.

Sometimes acting on your own is not the best advice. This is why buyer’s agents who have decades of experience in buying properties would be the ideal resource for you. They will make sure your interests are served well. With a wide network of links they will be able to tell you what type of property you should invest in. They will take care of the bulk of the paperwork and give you a list of reviews on various properties. Furthermore, they would also provide you with advice when it comes to selling your property so you can get a good ROI.

Investing In Property Is A Road To Wealth

May 1st, 2009

Everyone probably has heard of their fair share of “get rich quick” stories. Most of them are of course the stuff of mere myths. The reality is that you can in fact get rich rather quickly through property investment. Many people are under the impression that this is a waste of time and that investing in property is not all that profitable. This is purely just wrong thinking. Most of the figures who dot the Forbes 500 list of richest people in the world have all invested in property. It is the one thing that will appreciate in time and give you a return on investment unlike any other.

To really understand the concept of property investment in Australia, the best resource to tap into would be a credible buyer’s agent. Besides the fact that they are the pulse of the property market, they can offer you a list of properties as per your financial means in which you can invest. They will do all the monotonous hard work and help you discern which property to actually buy. And they don’t stop there. They will suggest when to sell and at what price. What you are assured of is a generous ROI!

The Advantage of Using a Buyer Agency

February 15th, 2009

Finding a home is a complicated and tedious task. Your chances of finding a home that fits you perfectly will greatly be increased by using a buyer agency. A buyer agency as an agency that represents the buyer in any process dealing with real estate.

One of the major advantages when using a buyer agency to purchase your home is that your interests are always at heart. Agents are not representatives of the seller and will always do their best to find a home suited for you. Buyer agencies deal with property on a daily basis. Therefore, they have detailed knowledge about prices in different neighborhoods and properties that are available on the market.

Agents who work for a buyer agency are good negotiators and will always obtain the lowest price possible on your behalf. An agent is able to analyze multiple properties at the same time. This saves time and will shorten the time it takes for you to find your perfect home. Agents will also handle all the paperwork and prepare contracts on your behalf should you decide to purchase a property. So this makes life even easier for you! Therefore, this makes a buyer agency ideal when looking for your home!