At A9 Property we get the opportunity to brush shoulders with a lot of different investors. Although the strategies we encounter are as varied as the backgrounds of the people themselves, there's one thing (almost) all of them agree on – the importance of brokers as part of your professional network.
For the purposes of this article, when we say "broker" we're not necessarily talking about mortgage brokers – although this article does apply to them – we are talking about buyer's agents, realtors, advisors, and affiliates; basically anyone that you have a professional relationship with that will be able to help you source and secure great investment properties. As a member of your investment support team, a broker can help you define your goals, come up with solutions to help you reach them, and make the best decisions when it comes to buying or selling a property. Partnering with the right broker can take your investment portfolio to the next level, smooth our acquisition and sale processes, and save you thousands of dollars in costs. Let’s discuss how they can help you grow your property portfolio.
If you’ve ever tried to buy or sell a property on your own, you know how difficult it can be. Property brokers, on the other hand, have a huge amount of connections, and through those connections – to other brokers and clients – might have either a buyer for the property you are trying to sell, or exactly the type of property you are seeking to purchase. This is literally a broker's job – finding and putting two halves of the equation together, and in doing so can remove the largest hassle of the process.
In addition to their connections, brokers offer their expertise. A great broker relies both on knowledge and experience to give you valuable advice on the best way to sell or buy a property. They are well-informed on current property market trends and can tell you when is the right time to sell, and when the right time to buy. This way, you avoid the risk of making uninformed decisions leading to adverse outcomes. A quality broker is someone who can offer you a solid background and knowledge on property investments that will secure you the right deals to fit your strategy and grow your property portfolio.
Standing your ground, knowing how to be flexible, and getting the right price for your property are all essential factors in selling and buying a property. Brokers can help you with that. Banking on their knowledge of current market trends and the ins-and-outs of sale contracts and clauses allow them to negotiate the best price for your property. With their help, you can save thousands of dollars when buying, or get the best returns when selling.
The best way to buy a property is to have a range of other properties to compare against. With their industry experience, and past and present portfolios, brokers can generally offer you a better, more accurate price comparison and ensure you're getting the best deal for your property, whether buying or selling.
Hiring the service of a quality broker is hiring their unparalleled guidance in your property investment journey. They can help you with negotiating, decision-making, managing paperwork and other administrative tasks. They’ll save you time and money and lead you to the right investment decision.
Property brokers are not a one-size-fits-all deal. You also have to take in time to find the right broker with the right expertise that matches with your goals. Remember that a good broker is an asset that can strengthen your investment strategy; once you find them, they can be an excellent long-term business partner.
A9 Property provides first-time homebuyers and property investors knowledge on the world of real estate. Our weekly real estate blog discusses a variety of property-related topics, including property investment strategies, real estate industry trends, and current property market shifts to give you valuable insights and help you make informed decisions. We specialise in off the plan properties – a popular investment strategy in Brisbane and Australia. If you're looking to invest, Check out our carefully selected portfolio of off-market properties for sale or contact us for an obligation-free chat to discuss how you can succeed in the business and make the right property investments.