Buy an Investment Property
Looking to secure your financial future through property investment?
Right property at the right price
Looking to secure your financial future through property investment? Wise move.
Buying an investment property is often high on peoples list of things to do – however finding the right one, getting the numbers right and then making sure it generates the right return with a reliable tenant is easier said than done.
I have many years of experience in buying property personally and helping clients build property portfolios.
My ability to source the right property (especially through my access to off-market channels) could save you months. And my ability to negotiate the best price means you could save thousands.
REASON FOR PURCHASE
Primary Residence for clients relocating back to Australia from Hong Kong.
Type of Property:
Indooroopilly, Brisbane, QLD
Finding a home in a very specific location for out return to Australia. Had to also be in a suitable condition to rent out until we return so we could have the income.
Our clients are a family of six based in Hong Kong and they were looking for the ideal residence for when they relocated back to Australia. We successfully secured this beautiful home at auction with 9 active bidders and our clients were ecstatic.
The Savvy Fox Story
My name is Jacqueline….after our first phone chat you will probably call me Jac and we will talk often. Eventually our phone conversations start with “Hi, its me!” What I am trying to say is… we get to know each other exceptionally well.
I am a Registered Property Valuer and an Award Winning, Licenced Real Estate Agent and Auctioneer.
Enough formalities. Let’s cut to the chase, I’m your Savvy Fox when it is time to secure your next property. I play fair but I play hard for my team to win. I genuinely want to secure you a place you adore at a price you are comfortable with.
I want to do it as seamlessly as possible but hey, I am juggling a pretty big deal here with opposing agenda’s and personalities!! I will control the controllable’s and calmly work swiftly through the things that need smoothing over.
We’re proud members of:
Q & A’s
We are Australia’s leading Property Buyer and Valuation Agency.
We exclusively represent buyers in the real estate process. The strategy, process and systems that we have developed and implemented, separate us from the herd. Our service is unique in that we are not ‘just’ Buyers Agents but we are Registered Valuers across Australia as well. Our system is designed to make the real estate process simple, fun and rewarding for the buyer.
We provide a diverse range of services which include; Buyers Agents and Buyers Advocacy, Property Management, Valuation, Auction Bidding & Sales Advisory.
A Buyers Agent (also known as a Buyers Advocate) is a licensed real estate agent who works exclusively for the property buyer in a real estate transaction. Savvy Fox Property Buyers Agent provides the following services:
• Searching for properties that are listed and unlisted via various sources including our extensive network or by contacting the sellers directly in the area you desire
• Evaluating and comparing properties based on their potential as a home or as an investment
• Negotiating the purchase price and conditions in favor of the buyer. This often includes bidding at auction.
• Preparing/reviewing contract documents, other searches, co-ordinating building and pest inspections and other due diligence.
• Managing your settlement process to its completion including referring you to property managers if it was an investment purchase.
The same reason why people hire cleaners, builders, accountants, stylists and wedding planners! The time value of money is an important thing to remember here.
The Big 3 Reasons: Time, Money & Reduces Your Risk.
Your time earning money being an expert at what you do is generally greater than the fee you pay us to do what we do. We already know you are good at what you do, you have saved up a hefty deposit after all. You would need to add hours of research and study to your search time to know the market the way we do. So of course you could do it yourself, but we offer a simpler, smarter way to get a dream property (while keeping your pockets lined, don’t forget we’re Valuers as well).
Purchasing property is a time-consuming process. Once a location is chosen then the property search begins. Viewing 50-100 properties will give you a good indication of what is available and how much properties are selling for. If you are prepared to view 5 properties every Saturday then you could be ready to buy in 3-5 months time. Many prospective buyers will have been looking at properties for 12 months or more. Property prices can increase significantly over this period of time leaving you perplexed when your offer is not accepted or worse its accepted before the ink drys….You might be paying too much!!
Your Savvy Fox has a working knowledge of property prices and market conditions and can dedicate their time to sourcing appropriate properties that align with your criteria. Most properties are sourced within 4-6 weeks. Employing a Buyers Agent will give you your weekends back and can help to secure quality properties more quickly.
We have no doubt you’re an excellent negotiator in your field of expertise. And while some negotiation skills are transferable across contexts; the real strength of having a well-established Buyers Agent negotiate on your behalf is the insider-information that’s virtually impossible to access outside of this industry. You don’t have to be rich and famous to use the services of a Buyers Agent. Most clients are everyday people looking to purchase investment property or their own home. Clients may be local to the QLD area or live interstate or overseas.
One thing to watch out for: many real estate agencies refer to Personal Assistants as ‘Buyers Agents’, but we strongly recommend you choose an independent Buyers Agent who is a Certified Practising Valuer registered by The Australian Property Institute. If you’re going to get advice and assistance when purchasing property (which we recommend you do), make sure the source is appropriately qualified, experienced and unbiased with decades of experience under their belt.
In a word: no….It’s a pretty significant conflict of interest, potentially recommending properties they get a Selling Agent fee for. The one time it’s not risky is if your Selling Agent is assisting for you free because they know they can sell your current home once you buy. That way they are getting a fee from you after they firstly help you buy and secondly help you sell. We offer independent, highly specialised advice, and on top of that, we do the bulk of the searching, all the negotiating, and take care of the logistics at every step of the way. Selling Agents are different to Buyers Agents, even though they work in the same industry.
Savvy Fox Property Buyers Agent & Valuer have many industry memberships as well as being awarded the highest accolades possible in the Real Estate Industry Nationally. Something we are incredibly humbled by but more importantly it demonstrates we have appropriate professional experience. We are licenced Buyers Agents in QLD & NSW, we are Registered Valuers with the QLD Valuers Registration Board and also Certified Practicing Valuers nationally with The Australian Property Institute. The Real Estate Institute Code of Conduct means that we abide by the below:
- Hold a license in their relevant state or territory.
- Are registered with the Office of Fair Trading (OFT).
- Have professional indemnity insurance
- Do not have properties listed for sale, or be involved in direct selling.
If you are purchasing the property for investment purposes then the fees may be tax-deductable. Generally the fees are added to the ‘cost base’ for the calculation of capital gains tax, rather than being deductable in any single year. You should obtain specific advice from your accountant.
Unfortunately if you are purchasing a property to live in, the Buyers Agent fee is not tax deductable.
Most investment properties are sourced (STEP 4 of The Process on the Go Forward Plan page) within 30 days. Home purchases may take longer to source (generally within 60 days).