Julie DeBondt-Barker and Mortgage Broker John Ng, talking about what a Buyers Agent can do for you.
We had a great catch up with John Ng from Money Jar Concept who wanted us to let his followers know all about what a Buyers Advocate is, what they do, where they do it and some good tips along the way!
Thanks for the opportunity to speak with your audience John!
In this episode, we speak to Julie DeBont-Barker. After enjoying 10 successful years at selling Real Estate, Julie decided to “level the playing field” for Buyers.
Shocked to find the market full of commission based Advocates (a direct conflict of interest for the Buyers), Julie set out to create Australia’s first low flat fee Buyers Advocacy service.
Julie and her Team all work from a home base keeping overheads low and passing that savings onto the Buyers. Leading from the front Julie creates a culture of integrity and honesty. She is absolutely passionate about saving Buyers time, heartache and money. When Julie is not hard at work running Property Home Base or helping you find your ideal property, you will find her travelling with her husband to visit her children and grandchildren, playing with their dog Jazzy, or enjoying good food, wine and music with friends.
New "Seamless Service" Are you thinking of Selling your existing home, AND then Buying a new one? Before you start talking to the Real Estate Agents and interviewing them, talk to us.
We'll become your own personal professional that oversees the entire process of both selling and buying for you. From interviewing and selecting the right Agent to sell your home, to negotiating the very best price for your new home….and everything in between. All you have to do is start packing. Sound too good to be true? See what Graeme and Maree thought of our “SEAMLESS SERVICE ADVOCACY"!
Now there's a permanent place for people to get inspiration on their home renovations. It's called the "Home Innovation Centre" and is located at 111 Cranbourne-Frankston Rd, Frankston. They are open 7 days a week.
The End of Financial Year (EOFY) is a great time to review - or start a plan. Whether you are a First Home Buyer - or an investor, now is a good time to take stock of your financial situation and plan ahead.
If you’re time poor and think settling BEFORE June 30 this year is out of reach… think again!
Every year, right before the end of the Financial Year, Mortgage Brokers brace themselves for the storm! The storm starts when Financial Advisors, who understand the value of investing in property because of the various tax reduction benefits, advise their clients to purchase an investment property before June 30.
It’s on this week – from Thursday April 21 thru Sunday 24 at Jeff’s Shed (Melbourne Exhibition Centre).
Opening times are Thursday 10am - 6pm, Friday 10am-9pm, Saturday 10am-9pm and Sunday 10am-6pm. Come visit us at Stand S-16, on the outside wall. It’s the perfect opportunity to discuss your plans, and see how we can help you out of the Home Buyer’s maze. Want discounted entry tickets? Find out how - here!
What is Stamp Duty? In real estate, Stamp Duty is paid by the purchaser of a property and determined by the value of that property, the purpose, the type of property and most importantly where it is located.
Like the First Home Owners Grant, stamp duty is administered on a state level and so how much you pay depends on the current state legislation.
We just wanted to say thank you to Axton Finance for referring across a couple of their clients, Deborah & John who we’ve just helped secure their dream home!
After spending several weeks perusing the marketplace searching and inspecting, we finally found it for them. We then did all of the due diligence with them, along developing a strategy to take it off the market.
"To be honest, as licensed Mortgage Brokers, we get a lot of calls from other businesses wanting to do work with our clients.
When we were recommended to Buyers Home Base by a financial planner, I wasn’t too enthusiastic - but I'm sure glad that we made the time to catch up! Since we started referring our clients to Buyers Home Base only 5 months ago, we have achieved at least 7 successful purchases for our clients who have been continually frustrated by the auction buying process and the imperfect information available out there for home buyers. Buyers Home Base service represents excellent value to our clients when taking into account the overall cost of the transaction - paying a modest professional flat fee to stop you buying the wrong property or paying too much makes a lot of sense in my opinion."
When considering selecting a Buyers Advocate, what things should you be looking for?
Great negotiation skills? Yes, of course. Good area and local market knowledge? Absolutely. Someone who is well connected with the local Real Estate Agents so you’ll also find out about any OTM (Off The Market) opportunities first? Brilliant. Also ensure that they offer a low Flat Fee that is fair and that they do not charge a percentage. If a Buyers Advocate charges a percentage of the sale as their Fee, this means if you spend more, they make more. How does that work? This is a direct conflict of interest. In short, a percentage Fee doesn’t work for you……the Client.
We’ve just pulled the crystal ball out of the bottom drawer, dusted it off and thought we’d have a look at what may be in store for 2016.
Having said that, who could have possibly predicted this years activities? Interest rates going down to all time lows - and staying there. Property prices continuing to climb with clearance rates soaring - even through the Melbourne winter months. Changes for overseas investors are also starting to take hold.
So, where will we be in a year? Here's our summary, based on our extensive experience within the Real Estate Market.
If you are not a permanent resident of Australia, and want to buy a home here, you must obtain prior approval from the Australian Government.
There are a few exceptions to these rules [as outlined on the Australian Government Website [http://www.australia.gov.au/topics/family-home-and-community/housing-and-property]. The Australian Government believes that foreign investment in the housing sector should increase the supply of homes. Foreign Investors, by law, have to apply for a permit to purchase in Australia. This policy is designed to channel foreign investment into increasing the supply of new housing.
Mortgage Brokers all over Melbourne are discovering that we purchase property for their clients – FASTER. Before using Buyers Home Base, some Mortgage Brokers have waited a year or more for their clients to find a house.
We usually have a Home Buyer purchasing their new home within weeks – instead of months (and sometimes years!) Once a Home Buyer is referred to us, we use our knowledge of the market, search for appropriate properties, utilize our keen negotiation skills……. and close the deal.
It’s not just a win-win situation, it’s a WIN-WIN-WIN situation.
Leading Mortgage Broker, Marissa Rock, from iRock Financial Group, explains how Buyers Agents, Buyers Home Base helps her close deals.
Buyers Agents, Buyers Home Base make us look good! Some new home buyers take months to find their ideal property. Often their property search becomes confusing, as they're looking everywhere - with no direction and increasing frustration.
Rule #1: Everything is negotiable! A recent article on realestate.com.au provided some great insights into the art of negotiation.
However, we'll begin by adding one key negotiation tip that they DIDN'T include: Use a professional negotiator. Real estate agents ARE professional negotiators. They are trained to negotiate the highest price for the seller. Real estate agents deal with selling property every day.
Julie DeBondt-Barker Founding Director, Buyers Advocate Created Australia’s first low flat fee Buyers Advocacy service. She is absolutely passionate about saving Home Buyers time, heartache and money.