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@ravingmad7652 жыл бұрын
Geeze this guy packs in a lorry of value in his content. From a broker I was expecting a lot of flash and spin... But this guy is sincere. Thanks!
@MortgageBrokerAustralia2 жыл бұрын
Thanks for watching NG!
@angelareyes19203 жыл бұрын
I love this channel and I'm so grateful for the information and education you provide. However, this whole buy a house in Australia thing is like you must study a diploma while becoming cunning and developing a master mind negotiator skills.The whole thing looks exhausting, it is like a constant battle in between the parties to see who makes the most out of the sale. I wonder if this is right. I don't think so, the process should be smooth and transparent but it is not. Sometimes I feel this system is so wrong. Thank you again for your channel, it is a real eye opener! Note: My opinion doesn't come from a place of hate or disrespect.
@MortgageBrokerAustralia3 жыл бұрын
Hey Angela, its so true it can feel like a really complicated process especially given all the people involved, and how manual some of the processes are from signing paper contracts to searches done on the property. Keep researching and if we can help at all get in touch at huntergalloway.com.au cheers, Jayden.
@sashithapa1547 Жыл бұрын
My partner has an horrible experience with agent, as a first time home owner, he get excited and put the offer, when seeing the house in evening time, I disliked the house, and we decided to pull out, Omg, the agent was rude, stated he will blacklist us in all real estate, my partner is still in shock. I don't know what to do, which is why I am playing this to cheer him up.
@MortgageBrokerAustralia Жыл бұрын
I'm sorry to hear about the negative experience your partner had with the real estate agent. Buying a home can be an emotional process, and it's important to work with professionals who are understanding and supportive. It's not uncommon for buyers to change their minds, especially first-time homebuyers, as they navigate the complex process. Here are some steps you can take to address the situation and support your partner: Communicate with the agent: It's essential to maintain open and honest communication with the real estate agent. Politely explain your concerns and reasons for deciding not to proceed with the offer. Keep in mind that agents should act professionally and respectfully, even when a deal falls through. Seek advice from a real estate lawyer: If you have concerns about the legal implications of withdrawing your offer, consider consulting with a real estate lawyer. They can help you understand your rights and obligations in this situation and advise you on the best course of action. Report unprofessional behavior: If the real estate agent's behavior was unprofessional or unethical, consider reporting the incident to their managing broker or the local real estate board. This can help ensure that future homebuyers do not encounter similar issues. Find a new agent: If you're no longer comfortable working with the current agent, consider finding a new one who better aligns with your needs and values. Ask for recommendations from friends, family, or colleagues, and research online reviews to find a reputable and experienced professional. Support your partner: It's crucial to offer emotional support and encouragement to your partner during this time. Remind them that buying a home is a significant decision, and it's okay to change your mind if the property isn't the right fit. Reassure them that you'll find a better-suited property together and that one negative experience doesn't define the entire home-buying process. Educate yourselves: Use this experience as an opportunity to learn more about the home-buying process and what to expect when working with real estate agents. This knowledge will empower both of you to make more informed decisions and communicate effectively with professionals in the future. Remember, buying a home is a significant investment, and it's essential to find a property that truly meets your needs and preferences. Don't be discouraged by one negative experience, and continue searching for the perfect home for both of you.
@windsofmarchjourneyperrytr2823 Жыл бұрын
I would have said, "Bring it." And had their license by that afternoon. Meaning pulled PERIOD, not just "fired" from the brokerage co.
@yueqiu18377 ай бұрын
Highly recommend this video for first time buyers. Wow, this man has common sense and really appreciate your honesty! ❤
@MortgageBrokerAustralia7 ай бұрын
Thanks so so much for watching!!!
@yoonsiklee6151Ай бұрын
thank you for this video. I think I have done wrong in the past inspections. I was too Naive. I hoped that the agent was helping me but again, all you said is true. I shouldnt have done those. but now i know.. i will do as your advice in the next inspection.
@MortgageBrokerAustraliaАй бұрын
You're very welcome! It's great to hear that you found the video helpful. Don't be too hard on yourself-it's all part of the learning process. The important thing is that you're now better prepared for your next inspection. I'm sure with this new approach, you'll have a much smoother experience moving forward. If you ever have any more questions, feel free to reach out. Best of luck with your future inspections!
@OilBaron1002 жыл бұрын
There’s some really helpful tips in this video. I made the mistake of projecting too much interest in my first house. The agent really played on that, and I paid more than I should have.
@MortgageBrokerAustralia2 жыл бұрын
Thanks for sharing!
@sonjakozman16993 жыл бұрын
This is my favourite vid so far, very useful tactics and counter questions.
@MortgageBrokerAustralia3 жыл бұрын
Glad you enjoyed!
@miriammoriarty85883 жыл бұрын
All great advice, thanks.
@MortgageBrokerAustralia3 жыл бұрын
Thanks for watching.
@LucasFernandez-fk8se2 жыл бұрын
In America the realtor usually tries to help you get a LOWER price on the house you love. They don’t usually try to convince you to raise the offer unless they really don’t think you will get it otherwise
@MortgageBrokerAustralia2 жыл бұрын
Thanks for sharing Lucas
@SM-ji1qe Жыл бұрын
It sounds like he’s speaking about the seller’s agent hosting the open house, not the buyer’s agent
@windsofmarchjourneyperrytr2823 Жыл бұрын
Or they want more commission. Be ready for YOUR agent to lie about all the "interest." Do you have a WRITTEN contract? No? Then you have nothing. Period.
@visswaayful Жыл бұрын
Thanks so much for your tips!!!!!!
@MortgageBrokerAustralia Жыл бұрын
You are so welcome!
@shantiram49213 жыл бұрын
Thanks for this insights. Appreciate it👍🙏🏼💕
@MortgageBrokerAustralia3 жыл бұрын
Thanks for watching Shanti!
@geoffchandler86842 жыл бұрын
Be interesting to hear what things not to do if you are selling
@MortgageBrokerAustralia2 жыл бұрын
Thanks Geoff, appreciate the suggestion and will see what I can do here :)
@MortgageBrokerAustralia2 жыл бұрын
Thanks Geoff for your suggestion recently, we've just uploaded a video based on your suggestion: kzbin.info/www/bejne/bKGqooaCndBlsJY
@geoffchandler86842 жыл бұрын
@@MortgageBrokerAustralia Thanks for the video. All of what Adam said makes sense. What I was also after was understanding some of the things you should and shouldn't do or say to the agent. Just as an agent listens for important snippets of information from a buyer, the same would apply to a seller. And in a nervous market I would expect the agent to work harder to get competition to drive towards the best possible price - but that can also mean working on the seller to bring the parties together. Many thanks
@MortgageBrokerAustralia2 жыл бұрын
Thanks Geoff for the clarification and will see what I can do.
@arnabsinha17832 жыл бұрын
So true. Thank you for this.
@MortgageBrokerAustralia2 жыл бұрын
You are so welcome, thanks for watching! Cheers, Nathan
@jameskinch15713 жыл бұрын
The interstellar clip made me smile :D
@MortgageBrokerAustralia3 жыл бұрын
Hahah, glad you liked it!
@50TillIDie2 жыл бұрын
Great vid. When not letting the agent too much, is saying it's going to be an IP a problem?
@MortgageBrokerAustralia2 жыл бұрын
Thanks Garen, no worries. That's a great question. I don't necessarily think that saying the property will be an investment is a bad thing, given you can say as an investor it ultimately comes down to the numbers. Less is always more though. Every negotiate is different though, so what might work on one scenario might not work on another.
@MrAjjordan3 жыл бұрын
Good info brother
@MortgageBrokerAustralia3 жыл бұрын
Thanks Joseph!
@jamesthomson9039 Жыл бұрын
I wasted $40,000 16 years ago exact same thing
@MortgageBrokerAustralia Жыл бұрын
Sorry to hear and thanks for sharing
@yukixtii90363 жыл бұрын
Really enjoy your videos
@MortgageBrokerAustralia3 жыл бұрын
Glad you like them!thanks heaps
@gardeninggoddess2 ай бұрын
I am selling my house right now and I can tell you that the agent works for the buyer i get nothing but lies she called me yesterday to say there was an inspection wanted for my place i just straight up said no because shes such a liar i can't believe a word she says i will be waiting out my contact and going with another company
@MortgageBrokerAustralia2 ай бұрын
Thats so horrible I hope you can find a way to resolve things!
@sandrajovanic24283 жыл бұрын
Hi there, could you do a video in how to purchase an investment property? Also it better to paid it off or just using the rent money to paid it off?
@MortgageBrokerAustralia3 жыл бұрын
Thanks for the suggestion Sandra!
@samjohnson4820 Жыл бұрын
Great vid, but it seems in part a bit contradictory to some points in one of your other vids where you mention to add a sort of cover letter to an offer where you can add the 'personal touch' calling out things like "I'm newly married and I think this house would be great to raise a family". Is there a line you draw between what's considered too much info?
@MortgageBrokerAustralia Жыл бұрын
Absolutely, this is a really valid observation. Let me clarify this for you. The strategy behind providing a personal touch with a "cover letter" is to appeal to the seller's emotions. If a seller feels connected to the potential buyer because they see their own past in the buyer or they believe the house will be well-loved and cherished, they might be more inclined to accept an offer even if it's not the highest. This works particularly well in private sale scenarios where the seller might feel a strong emotional connection to the property. On the other hand, the information highlighted in the video is more about not giving away negotiation power to the real estate agent. The agent's primary goal is to get the best price for the seller (as this also often impacts their commission). If they sense eagerness or desperation, they can leverage that to push for a higher price. Here's the line to walk: What You Can Share: Emotional Context: Sharing that you're newly married and envision raising a family in the house. Appreciation for the Home: Expressing admiration for how well the house has been cared for or specific features you genuinely love. What You Should Avoid Sharing: Financial Information: Discussing your budget, how high you're willing to go, or any other details that give insight into your financial limits. Desperation: Letting the agent know you're on a tight timeline or revealing you've been outbid multiple times before. Too Much Emotional Attachment: It's one thing to appreciate a property, but expressing that you "must have it at any cost" can work against you in negotiations. In essence, you can and should personalise your offer to appeal to the seller, but it's crucial to remain measured and strategic in how much information you divulge, especially to the agent. Remember, every piece of information has potential value in the negotiation process. Use it wisely!
@samjohnson4820 Жыл бұрын
@@MortgageBrokerAustralia thanks for the detailed response!
@MortgageBrokerAustralia Жыл бұрын
You're welcome!
@Happyland_Motel_Gamer_Cat2 жыл бұрын
The funniest rule i think is - Never get over zealous and emotional when inspecting a house.
@MortgageBrokerAustralia2 жыл бұрын
That's a great point, appreciate you sharing
@windsofmarchjourneyperrytr2823 Жыл бұрын
Turn into an a**hole and announce what you find. "Rat/mouse cr*p in drawers..."
@lilariki31833 жыл бұрын
1- what the bank approved you with 😂. With my own experience they don’t work for you - they hustle hard for the seller. I have a real estate agent now chasing my offer even though they declined it at first. I said next time listen...you might get somewhere 😂
@MortgageBrokerAustralia3 жыл бұрын
Well said!
@jacksalami99453 жыл бұрын
did you buy the property? possibly the seller/owner became more negotiable than what they initially were?
@lilariki31833 жыл бұрын
@@jacksalami9945 no, glad I didn’t but purchase somewhere else and happy with my decision
@yoenyoen31212 жыл бұрын
if property put online around 400k, so what i need do? this my first home buyer.. so what i need ask and how to offers?
@MortgageBrokerAustralia2 жыл бұрын
Thanks Yeon, great question. We have a bunch of videos that might help. Also check out: www.huntergalloway.com.au/resources/
@DianaPolo_RealtorАй бұрын
Hold on a second. Are you talking about a buyer going straight to the listing agent?
@windsofmarchjourneyperrytr2823 Жыл бұрын
Please note: in US, the sell agent HAS TO submit all offers. Even if they don't like them! ANY offers. Lowball or not.
@MortgageBrokerAustralia Жыл бұрын
Thanks for sharing!
@Freestyle807 ай бұрын
here they have to present every offer tot their client, real estate agents dont get a say
@MRBAYOTR2 жыл бұрын
doesn't work on new properties though.. the price is what it is..
@MortgageBrokerAustralia2 жыл бұрын
That's a good point
@windsofmarchjourneyperrytr2823 Жыл бұрын
They're ugly af and cheaply made. EXTREMELY cheaply made.
@carnivoreisbetter2 жыл бұрын
Awesome 🤩
@MortgageBrokerAustralia2 жыл бұрын
Thanks 🤗
@Ihateyouseriously982 жыл бұрын
Omg!!!!!! This is cooler than nlp
@MortgageBrokerAustralia2 жыл бұрын
Thanks for watching Ok Then
@TheDougSpot3 жыл бұрын
Most of this doesn’t apply if you have your own agent
@MortgageBrokerAustralia3 жыл бұрын
Yeah although it’s pretty uncommon in Australia for people to use a buyers agent.
@TheDougSpot3 жыл бұрын
@@MortgageBrokerAustralia That’s weird, why is that?
@MortgageBrokerAustralia3 жыл бұрын
@@TheDougSpot in Australia, sellers only pay the agent to sell their property. This means that the commission paid is typically between 1 - 3%. Whereas overseas, it's common for sellers to pay upwards of 6%. This then allows the commission to be split between a selling and buying agent. Here in Australia if you want a buyers agent you pay the fee yourself and is pretty uncommon for buyers to do this.
@TheDougSpot3 жыл бұрын
@@MortgageBrokerAustralia It should be more commonly practiced though. If there’s only the selling agent, then I would imagine that most buyers are overpaying. The selling agent is looking out for the sellers best interest, not yours. Having a competent buyers agent would save you much more than the 3% you’d have to pay
@loft27ss Жыл бұрын
@@TheDougSpot last year buyers agent asked for 35k , no way
@Ride_on54 Жыл бұрын
That’s why you build saves all the BS
@dontscrewwithgodschosen6692 Жыл бұрын
🧚🏻♂️❣️🌌
@MortgageBrokerAustralia Жыл бұрын
☺️
@Mike-ry4ti Жыл бұрын
What if there is no price and the agent wont tell you?
@MortgageBrokerAustralia Жыл бұрын
Hi Mike. In some cases, the real estate may choose not to reveal the price expected for various reasons. Here are a few steps you could take: Research Recent Sales: Check out recent sales in the same area for similar types of properties. This can give you a ballpark figure of what the property might be worth. Engage a Property Valuer: If you're serious about purchasing the property, consider hiring a property valuer to give you an accurate estimate of the property's worth. A professional valuer will examine the property, the area, and the current market conditions to provide a valuation. Make an Offer: If you have an idea of what you're willing to pay for the property, you can make an offer. The real estate agent is obliged to pass on all offers to the seller. Enquire Why Price Is Not Disclosed: Ask the agent why they aren't disclosing the price. Sometimes, it may be a marketing tactic to attract a wider range of potential buyers or to generate competition. Legal Advice: If you believe that the agent is acting unethically by not disclosing the price, you could seek legal advice. In Australia, it is against the law for real estate agents to mislead buyers about the likely selling price of a property. Remember, the selling price is often determined by a variety of factors such as market conditions, the seller's situation, and the attractiveness of the property itself. So, it's important to do your own research and due diligence before making any offer.
@nickolas6060 Жыл бұрын
Hahha agents work for the seller lol. No they don't. They work for them selves