Melbourne: 3:35 pm | 23rd May 2013

 

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David Melatti

Saturday 18th May in PORT MELBOURNE

 

14 Lyon St, Port Melbourne

The classic double fronted, un-renovated Victorian property in Lyon Street, Port Melbourne attracted a modest crowd of 20 people over the weekend. The property, which had been held within the one family for over 100 years, was quoted at $1.4m by Hocking Stuart. The property was passed... Read more..

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"... the amount of time I have saved from running around looking at properties that were sometimes beyond my limit was a credit to John Melatti of Astute buyer's Advocates."

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Astute Buyers Advocates saves client $40,000 below market value

Here's how we saved our clients Sharvan & Hope $40,000 below market value on their investment property in Carnegie!

 

Step 1 - We trawled through 6000 potential properties via the Internet and 'off the market ' and ' quiet listings

Step 2 -   Physically Inspected 35 properties talking to agents, neighbours, whilst taking copious notes , photos and prepared inspection reports

Step 3 - Short listed 6 great investment properties

Step 4 - Prepared 6 independent market valuations

Step 5 - Put 12 offers on 3 properties , negotiating on price, settlement,  deposits, adding in special conditions which saved the client several thousand dollars

Step 6 - Cordinated & liaised with conveyancers, building inspectors and mortgage brokers

Step 7 - Travelled to Mt Waverley & Signed the whole contracts on behalf of the clients whilst they were working in Port melbourne & the city

Step 8 - We ensured we shut out the competition

Step 9 - Had  the vendor sign within a couple of hours

Step 10 - Delivered the signed contracts to the client's home

 

Summary - After spending 55 hours , 120 kilometers driving and 8 hours on the phone to prospective agents and vendors we secured a fabulous 2 bedroom apartment in Carnegie for $345500, $40,000 below clients limit, and at least $40,000 - $60,000 below market value. 

 

With a rental return of 4.5%, a one bedroom sold 12 months prior in the same block for $323,000 An apartment 400m away in Carnegie almost identical in age , style and condition sells two weeks later for $405k.

 

Bargains don't fall on your lap- it takes experience, time and professional negotiation skills to make it happen.  If you would like an independent, professional and experienced buyers advocate with over 10 years experience representing your best interests to find and purchase the best property for your personal needs, then do what Sharvan, Hope and over 500 clients have done, and call an Astute Buyers Advocate on 1300 736 638 for a free no obligation consultation and on your way to finding the right property at the right price!

Astute Buyers Advocates saves client $40,000 below market value
 

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