From negotiating with agents, to strategically positioning properties, this Realty Talk episode offers a fresh perspective on maximising success in today’s competitive property market.
A seasoned property expert and founder of Good Deeds Property Buyers, Veronica Morgan, details her role as a seller advocate.
Co-host Kevin Turner asks Veronica to share how her advocacy service empowers property sellers, helping them navigate the complexities of the real estate market to
achieve the best possible outcomes.
Sellers agents can provide advice around a proposed property sale and whether it’s the right thing to do.
This is often helpful for those in the later years of life.
“Often we don’t even live in the same place, or the same location, the same city that our elderly parents do. So we’re trying to help them from a distance and that’s increasingly stressful, incredibly stressful,” Veronica Morgan said.
“And often our parents don’t listen to us!
“That’s one end of life, or one type of transaction that’s very emotional as well.
“So having someone that can be the intermediary, not just that, the intermediary between them and the agent. Because of course the agent’s motivation is to sell the property, first of all is to list it and then to sell it.
“But there are a number of other things you need to work through as well – and you need the time and space to be able to work through those decisions and processes at your speed – and that is one of the benefits of having us involved.
“There’ve been times when people have come to us when they’ve felt mortgage pressure because of course interest rates are higher, and cost of living is higher, and for whatever reason they haven’t been happy with their property manager and they’ve just felt that being a property investor is too hard.
“We’ve actually looked at the asset itself and said: ‘You know what, we don’t think you should be selling that property, there are other things that can be solved that will ease your pain and will actually help you long-term financially, rather than selling the property’.”
She tells Kevin Turner that determining if and when to sell was important.
We lift the lid on hidden fees, conflicts of interests, overcharging
and side-deals being struck between strata managers and suppliers.
I then speak with Strata lawyer of some two decades, Amanda Farmer.
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