FAQs

What is a buyers agent?
Buyers agents have a contractual relationship with the purchasers rather than the sellers of a property.  They therefore have a legal and ethical obligation to always act in the best interests of the buyer.

Are you licensed?
Yes, Maree is licensed under the Real Estate Agents Act 2008 via Trusted Assets Realty Ltd.

Why should I use a buyers agent? Doesn’t that mean I am paying even more for the deal?
By engaging a buyers agent to act for you in a property negotiation and subsequent acquisition you can expect to save considerable time, money and stress!
Fulltime buyers agents spend all day, every day searching for property deals, so they become very good at sourcing and negotiating deals that most investors would not have access to.

How do you manage to get such great deals?
Two main things...experience in the market and good relationships with real estate agencies, property professionals and other investors.  As we have our "finger on the pulse" of the current market and have a database of active investors, we are often approached first with deals that do not reach the open market as there is a lot of vendor urgency.

Should I get legal advice before proceeding with purchasing a property from your company?
Just as with any other property purchase, it is essential that you obtain independent legal advice from your own solicitor before purchasing from us.  In fact we will not be able to deal with you unless you do!

Can I have a Due Diligence period?
YES, absolutely!  We want you to have all the information you require in order to make a fully informed decision.  If possible, we will help by supplying some of the information required such as rental appraisals, council files and a registered valuers appraisal.  We can also help arrange building inspections, valuations, renovation quotes etc if needed.
We also need to be able to give others the opportunity to purchase the property if you do not proceed so we usually only give a maximum of 5 days due diligence; sometimes less than this.  During this period we will work very closely with you to ensure things run smoothly.

If the property I want is under conditional contract with another potential purchaser can I enter into a back-up agreement?
YES, this occurs with most deals.

I live overseas and can't view any of your properties.  How am I able to mitigate my risks if I purchase from afar? 
It can actually work in your favour to purchase a property you can’t “see” as it allows you as a purchaser to focus much more on the unbiased due diligence information you obtain from valuers, building inspectors etc, and make a good business decision based purely on the numbers and your investing criteria.  New investors in particular can otherwise get distracted with what they can “see” ...and how pretty the gardens are etc aren’t so crucial on the grand scheme of things.

Do you receive any commissions or "kickbacks" from the other property professionals you recommend such as valuers, mortgage brokers, builders, renovaters and property managers?
NO, absolutely not.  That would be a conflict of interest.  I Find Property receives its income via sourcing property for clients and is not commercially or financially involved with any other businesses.

 

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