Why you should never buy sight unseen?
As a Buyer’s Agent, too many times I get calls from potential clients explaining their past disappointment with utilising a Buyers Agent.
“We previously used another Buyer’s Agent, but we weren’t happy because after buying a property through them, we found out that they had never even inspected it.”
WAIT, WHAT! I can’t even imagine how any ethical Buyer’s Agent would contemplate this!
Let’s consider this!
Have you ever gone shopping, seen an item of clothing hanging in a shop that you think looks really nice? You investigate it further and see that it is the right size, it is on sale and it looks like it would be great for this weekend’s event.
You try it on to quickly realise the neck shape is baggy, the length of the shirt is too short and the colour is all wrong.
Take it from me, it’s no different when inspecting properties. I regularly identify properties that after desktop analysis they looks great on paper. I race out to inspect it with high hopes and ………… it’s a complete lemon!
The fact remains that on a good day, an average full day of inspecting 5 to 7 properties, only ever identifies 1 maybe 2 possible quality options that are worthy of consideration.
Truth be told, there is so many things that I usually find wrong with a property that I get super excited when it stacks up! Here’s just a few of the issues you will not find on a Website Advertisement.
- Back corner of the house is sagging and is totally unstable.
- Cracks in the brickwork, but agent says it hasn’t moved in the last 10 years!!!
- Neighbour next door is a hoarder and the street has become less than desirable.
- The photos on the internet are from a previous sale with the latest tenants trashing the property since.
- The property has a retaining wall that will need replacement which is likely to be a very costly exercise.
- Although there is no housing commission in the street, to drive to the property you need to drive through a large housing commission area.
- All the stumps under the house need replacing.
- The flooring in the property is like a roller coaster.
- The photos on the internet show spacious rooms, however inspection identifies they are very small.
- The main bedroom is smaller than the other bedrooms.
- There is a large sewerage drain in the back yard.
- The layout of the house is totally unusable.
- The ceiling is showing signs of major leaks.
That is just a short list of issues I have identified.
Always be sure you work with a Local Independent Buyers Agent like Essential Property Advice, that specialises in the Brisbane area and physically inspects every property we recommend. This will ensure you are getting the correct knowledge, unbiased and independent property advice you need to purchase the right property for you and your future plans.