Tracey's Property News

Do I still need a buyers agent in a housing market downturn?

housing-downturn

In a housing market downturn, buyers have the opportunity to snatch up a home among a glut of properties for a much lower price.

With the downturn being played up by the media, you may wonder if you’d even need a buyers agent when you buy a house at this time.

The reality is that there are so many great prices still being achieved for sellers and buyers who think agents are desperate at this time are still missing out.

Find out why it’s smart to hire a buyers agent in a housing market downturn.

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Revealed: Exactly What To Look For In A Buyer’s Agent

select buyers agent
Buying a property in Sydney becomes so much easier with a good buyer’s agent by your side. In fact, even though I am a buyers agent myself, I engage a buyers agent when I buy property, because that takes the emotion out.

However, you want to be careful with who you choose. Not all buyers’ agents are “created equal”.

Here are the most critical elements to look for when you screen your next buyer’s agent:

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Does it really matter if my buyer’s agent comes from the area I want to buy property in?

local buyers agent

We probably all know that a buyer’s agent can be a great asset when it comes to buying a great home.

But does it matter if your buyers agent is local, or is it more important that he or she is a fantastic person, no matter where they operate?

Find out why you need to find someone who lives, breathes, and understands your local area. And why it’s one of the most important things to take into consideration when selecting a buyer’s agent.

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What Kind of Investment Homes Will Retain Their Value Best in a Recession?

recession proof investment homesThe housing market in Sydney is clearly moving lower.

Sydney property prices are now 4.2 per cent lower than in June 2017. Our harbour city is leading the country’s property downturn.

Nobody has a crystal ball. However, given the volatile state of the Sydney housing market, the stakes are getting higher.

Are you sure you are investing in a recession-proof home?

Let’s find out.

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Consequences of buying a “bargain” property

consequences of buying cheap homes

Thinking of buying a home or investing in a property? There is always that chance you end up buying a bargain property.

Buying for a much lower price, however, often comes with surprises. There are basically three terms you will hear when it comes to low priced properties in Sydney and elsewhere in the country:

  • Buying a discounted property
  • Buying a property under market value
  • Buying a bargain property

Let’s have a look at these in turn, and what to be aware of.

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Tips For A Successful Home Inspection – From a Buyers Agent In Sydney

home inspection tips

It is through a home inspection that you will find out if the property you’re eyeing is well maintained and structurally sound.

Hiring the right home inspector for the pre-purchase inspection is important to make sure the home doesn’t have hidden issues that will end up costing you more.

You need an expert to identify potential issues in a home, and whatever the home inspector discovers will work in your favour significantly.
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6 Tips for Buying Well in Sydney’s Eastern Suburbs

Double Bay Harbour FrontIf you love Sydney living at it’s finest, you arguably can’t go past Sydney’s Eastern Suburbs.

Bondi and Coogee have two of the most famous beaches. And while there are many beaches in Sydney, not all can claim such exclusive neighbourhoods and close proximity to the city.

To buy a home in Sydney’s Eastern Suburbs, I give you 6 tips. And please… take the 6th one seriously.

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Sydney: the second most expensive property market in the world?

sydney is the second most expensive real estate market in the worldIn an article on ABC news, business reporter David Chau turns his attention to Australia’s housing market.

According to the latest Demographia rankings, Sydney is the second most expensive property market in the world.

But a local Australian housing market expert disagrees.

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