FAQs
How much does the property research service cost?
Transparent Pricing Without the Sales Pitch
Our commitment to transparency means we don't require a preliminary sales call to disclose our fees. Our property research service is not only specialised but also notably affordable. While typical buyers' agencies charge between $12,000 to $17,000, we focus exclusively on property research and offer this valuable service for a flat fee of $2,997, including GST.
Cutting Through the Tech Hype
Many buyers' agencies boast advanced, data-driven services, often highlighting the use of AI and other high-tech tools. Yet, they usually depend on publicly available data to pinpoint "hotspot" properties that are already being discussed in the media.
Specialised and Focused Approach
In contrast, our service is highly specialised and focused solely on property research where a rela human will collate data from over 12 professional resources that cost thousands a year and cover numerous aspects of the property market.
We provide unique insights and opportunities that delve deeper than the standard, readily available information. This specialised approach allows us to provide our services at a much lower cost compared to traditional buyers' agencies, without sacrificing the quality and thoroughness of our research.
Delivering High-Value Property Insights
Our goal is to offer specialised, high-value property insights, ensuring your investment journey is both cost-effective and well-informed. We strike a balance between affordability and quality research, giving you the best of both worlds in your property investment endeavors.
How many properties will you find and present?
Highly Effective Property Research
Our property research service is tailored specifically to your needs, offering remarkable accuracy. This precision often leads our investors to be ready to make an offer on the first or second property we show them. This quick success rate highlights the effectiveness of our dedicated approach in finding the ideal property that meets your investment criteria.
Commitment to Thoroughness and Fairness
We are committed to going above and beyond in our service. Although many clients find what they're looking for early on, we ensure to present up to 10 well-researched properties. This guarantees that you receive a comprehensive view of the market and have multiple options that match your specific needs.
Our Goal: Providing the Best Choices
Our primary aim is to offer you the best possible property choices. We want to ensure that you have the chance to consider a variety of properties before making your final decision. This method not only shows our dedication to your satisfaction but also underscores our confidence in the precision and quality of our research. By choosing our service, you'll experience a streamlined and successful property investment process with less stress.
Can I get a discount?
Top-Tier Property Research Service
Blend of Services: We provide a unique combination of a "Done-for-You" service along with continuous support & learning through our platform to help you find the best property.
Cost-Effective and High-Quality
Affordable Excellence: Our services are not only high-quality but also priced fairly, out performing property courses, seminars, buyer's agents fees, and even some AI data subscription services that come with a steep learning curve.
Unique Opportunity to Recoup Your Investment
Earn Back Your Investment: We offer a transparent and fair opportunity for you to recover 100% of your investment with us, and potentially more. Details of this exclusive offer will be shared after you sign up for our service.
Do you negotiate the price on our behalf?
We firmly believe that you, the client, are the best negotiator for buying your property. You understand your finances best and don't need to rely on agents to negotiate for you, especially since in Australia, property listings are often openly available and agents typically don't engage in much negotiation.
To assist you, we provide two key resources:
- A collection of real-life negotiation case studies. These offer valuable insights and tactics for you to use in your negotiations. (learn more)
- Desktop valuations of properties, giving you a price range with low, medium, and high confidence levels. This valuation is a great starting point for your negotiation.
Our focus is on thorough property research. We work hard to find properties that fit your budget and have great potential for increasing in value, ensuring your purchase is not just a home, but a smart investment.
Do you conduct site due diligence on the property?
When investing in property, it's crucial to conduct three types of site-related due diligence, two of which require professional assistance.
1. Legal Due Diligence
This step involves a lawyer or conveyancer. They will carefully review your contract of sale, modify clauses and terms as needed, and ensure you fully understand the agreement you are entering.
2. Building and Pest Inspection
Only a licensed building inspector should carry out this inspection. They check the structural integrity of the building, compliance with the Building Code of Australia, and ensure the property is free from pests, such as termites. This is an additional check to ensure that the property meets your standards and investment objectives.
3. Fit for Purpose Due Diligence
This involves verifying that the property's zoning laws, overlays, height restrictions, setbacks, and easements align with your intended use of the property. Zoning analysis identifies permissible uses, while overlay maps show if the property is in a flood zone, bushfire zone, or has other specific restrictions. Fortunately, zoning maps are often included in the contract of sale.
It's important to note that our services focus on capital growth and rental yield for investment properties only and not property development due diligence. A property development due diligence is a specialised service which involves many more consultants including a thorough property development feasibility study.
Can I buy property in South Australia (SA) and Western Australia (WA) while residing in New South Wales (NSW)?
In other words, can I buy an interstate investment property?
Yes, you can purchase property interstate even if you are currently in NSW and unable to travel to SA or WA. This can be done remotely, including making offers, conducting inspections, and finalizing the purchase.
How do I manage property transactions if I can't visit the properties personally?
You can handle most aspects of the transaction online. This includes making offers on properties, conducting building and pest inspections, obtaining rental appraisals, and signing contracts. The entire process can be managed remotely.
Is it possible to sign property contracts online?
Yes, you can sign property contracts online. The advancements in digital technology and legal acceptance of digital signatures have made it possible to complete these transactions electronically.
Can I have the owner give the keys directly to my rental manager?
Yes, you can arrange for the property owner to hand over the keys to your rental manager. This is a common practice in remote property transactions.
What role does a conveyancer or conveyancing solicitor play in interstate property purchase?
Your conveyancer or conveyancing solicitor will handle most aspects of the property settlement process. They can manage the legalities and paperwork, ensuring that everything is in order for a smooth transaction.
Should I consider a pre-settlement inspection?
It's advisable to consider a pre-settlement inspection. If you can't be there in person, you can have this done remotely, possibly through your property manager or another representative.
Why are property managers important for interstate property investment?
Local property managers are essential for interstate investments as they perform due diligence on the rental appeal and condition of the property. They provide local knowledge which is crucial for investors who are not local to the area. Engaging a local property manager does not cost you anything and they will bat for you, as they want your business once you have purchased the property.
Can property managers replace buyers agents in some functions?
Yes, property managers can replace some functions of buyers agents. They often conduct similar local checks and are more focused on long-term property management rather than just transactional processes.
Is there a conflict of interest in using property managers compared to buyers agents?
There's generally less conflict of interest with property managers since they are accountable over the long term for their recommendations, unlike buyers agents who are more focused on transactions. A buyer's agent want to close the transaction, where as a local property manager wants to impress you so they can win your business.