Ken Guy Real Estate (Mooloolaba) :2485 - Find Real Estate in Mooloolaba  |  Maroochydore  |  Buddina  |  Minyama  |  Alexandra Headland
113 Brisbane Road, Mooloolaba 4557 QLD        (07) 5444 7555

Buying Information

1

Buying Tips

Investing in real estate is an important decision in any ones life. It is our goal at Ken Guy Real Estate Mooloolaba to make this process as simple and as hassle free as possible. You may like to consider utilising some of the following services that we offer to ensure you are in the best placed position when it is time for you to invest in your property.

1. Register with us. Let the salesperson at Ken Guy Real Estate Mooloolaba know exactly what you are looking for. Sometime the best buys happen within minutes of a property hitting the market.

2. Let us know that you would like to receive a copy of our Corporate Newsletter and Buyers Guide. This guide includes information on properties, which may suite your needs, but also contains valuable information on the property market, allowing you to feel more comfortable in your buying decision.

3. Look up the suburb profile in our research section for the area that you are interested in. Shows recent sales, price trends and other information about the suburb.

4. View the recent sales section on our Internet Site and search for the area you are interested in. This will show you the properties recently sold, some further information about them and the price they sold for.

Investing in property should be a hassle free, seamless transaction and we hope you take advantage of some of the extra services Ken Guy Real Estate Mooloolaba offers, to help facilitate this process.



 

2

How to Buy at Auction

Even people with some experience in bidding at auction can find the experience a little daunting. However, with an understanding of the auction process and the actual methods of bidding, much of the nervousness can be taken out of the process.
We hope this will assist you to successfully bid and buy at auction with a minimum of fuss. Please read this document and do not hesitate to ask your Sales Consultant any questions you may have.


Before the Auction
Satisfy yourself with the property and prepare yourself for the auction with the following steps:

  • Inspect the property several times to ensure that you are comfortable with its size, style, location and suitability etc.
  • Set the figure in your mind that you are prepared to bid up to.
  • Approach your lending body - bank, building society, credit union and so on, to establish your loan capabilities and gain the necessary approvals.
  • Make sure you know what the settlement terms of the contract will be should you be the successful bidder.
  • Arrive at the auction at lest 15 minutes before it begins, to ask the salesperson any last minute questions and advice on bidding you may have.
  • View the contracts and all property details, which will be on display near the podium.
    Note: Offers can be made prior to the auction, please discuss this with your Sales Consultant

During the Auction
The auctioneer will commence by reading out the conditions of sale and details of the property. Questions may be asked for relating to the auction conditions or the property.

You may bid by:

  • Do not be intimidated by another bidder who may bid immediately after you. They are only trying to dominate the bidding and attempt to reduce the competition.
  • If you wish to bid a figure less than the auctioneer is calling for, feel free to do so, it will probably be accepted.
  • Make sure you are the last bidder if the property is 'passed in', which will ensure you have first right to negotiate with the vendor at the reserve price.


After the Auction
If you are the successful bidder:

  • You will be required to sign the contracts of purchase and pay your deposit (usually 10%). In most instances, a personal cheque will be accepted.
  • If the property has not sold, and you are interested in the property, approach the salesperson handling the property and let them know. They will help you.
  • Buying at auction is a logical process of interested parties competing with each other in an attempt to purchase property at market value. The person who perceives the highest value in the property will be the final bidder and probably the new owner. So don't be afraid of bidding, as the person you are bidding against is probably as nervous as you are.
  • If you have any questions, do not hesitate to ask for assistance.


 
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