Choosing a property advocate is a significant decision in your property buying journey. As you embark on this exciting path with your chosen professional, here are key aspects of exceptional service you should expect, ensuring you’ve made the right choice:
1. In-Depth Understanding of Your Needs: Your advocate should take the time to deeply understand your property goals, preferences, and concerns. They should be showing you properties that closely match your criteria from the get-go. Be wary of ‘dart-board’ style advocates who present a wide array of options without focus. A truly skilled professional will align with your needs quickly, showing you suitable properties within the first week.
2. Comprehensive Market Analysis: Beyond basic automated reports, expect your advocate to provide a detailed analysis of property prices. They should thoroughly explain the factors affecting each property’s value, ensuring you’re equipped to make informed decisions. If you are only provided with an automated pricing analysis or a price recommendation without reasoning you may want to ask your advocate how they arrived at their recommended price range. A great advocate will always have sound reasoning for their recommendations.
3. Strategic Negotiations: Negotiation is more than just discussing prices. A skilled advocate will have a nuanced strategy that considers the seller’s situation, market trends, and your specific circumstances. A sound negotiation strategy should include considering the selling agent’s typical tactics and marketing strategies, the vendor’s motivation, potential competitive buyers, and how the property aligns with your wishlist.
4. Transparent and Regular Communication: Expect clear and consistent communication. Your advocate should keep you informed about each step, what’s been done, and what’s next. The communication schedule should be clearly defined upfront, so you know exactly what to expect and you should have oversight of the work being performed behind the scenes for you.
5. Thorough Due Diligence: Before making any offers, a thorough due diligence process should be conducted. Your advocate should scrutinize every detail, from legal checks to property inspections, safeguarding your investment. A great advocate will provide evidence of these checks, allowing you to feel confident in your property choice, understanding all its strengths and limitations.
6. Educational Approach: A great advocate empowers you with knowledge. They should educate you about each stage of the buying process, helping you understand the ‘why’ behind each decision.
7. Support Beyond the Purchase: The service shouldn’t just stop at the purchase. Post-purchase support, including guidance through settlement and addressing any subsequent concerns, is a hallmark of exceptional advocacy. They should have a comprehensive checklist for pre-settlement inspections, ensuring nothing is overlooked.
Conclusion:
Your property advocate should be more than a service provider; they should be a partner committed to your success. If at any point you feel that your needs are not being met or you’re unsure about a decision, don’t hesitate to voice your concerns. Remember, this journey is not just about finding a property; it’s about ensuring your future is secure and aligned with your aspirations.
If you would like to consider your option to partner with us for your next property purchase book a complimentary 15 minute Get Acquainted Call to discuss your needs.
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