The 360o Metropole System
Step 4: Property Acquisition
We then help you implement the strategy we’ve devised together by acquiring the right properties, ones that outperform the market, meaning you can reach your financial goals much sooner and safer.
In each state our research team has identified a small group of suburbs that we believe will outperform the market in the future. Your buyers’ agent will undertake a comprehensive search of properties available for sale and choose the best properties to enable you to implement your wealth creation strategy.
We not only have access to the properties listed on the open market, but also to many “silent sales” – off market and pre market opportunities that we get access to before they come on the market.
We will inspect many properties on your behalf, saving you time and money.
Remember we have NO properties for sale, but access to every property on the market, however less than 5% of the properties in the suburbs we’ve shortlisted are what we consider “investment grade.”
We then prioritize the good opportunities and present them to you for your selection.
To assist you, we include digital photos of the property, location maps, floor plans and further details as required. If one of the properties is suitable, we will then arrange an inspection time for you.
Due Diligence
If you are keen to proceed, we will then further evaluate and assess the property. We will get your solicitor to assess the documentation and Contract of Sale and may arrange a building inspection.
We will research why the vendor is selling and establish a level of interest in the property by the general market to enable us to establish the best way of negotiating its purchase. We will identify comparable sales and rentals in the area and assess the potential capital growth of your property based on historical trends and future indicators.
Through our access to industry databases, we can obtain up to date information about the property as well as comparable sales data which will assist in determining its value. We can also arrange a valuation if needed.
Acquisition strategy
If you decide to proceed with the purchase, we will develop a suitable acquisition strategy to ensure we buy the property at the best price and on the best terms for you. We will negotiate with the agent on your behalf or bid at auction to ensure that you obtain the property for the lowest possible price.
Remember…over the last few years Metropole have probably bought more properties on behalf of clients that any other buyers’ agency in Australia so no one knows the research, due diligence and negotiation process better than we do.
Once you have purchased your investment property, our property management department can manage your asset ensuring that you obtain maximum return from your property.
Please call us on 1300 20 30 30 to find out how we can help you or complete this form to and we will contact you.
