Seven Common Tricks Real Estate Agents Use When Buying Property [in 2024]

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Seven Common Tricks Real Estate Agents Use When Buying Property [in 2024]

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Mortgage Broker Australia - Hunter Galloway

Күн бұрын

Пікірлер: 78

@MortgageBrokerAustralia 3 жыл бұрын

📚 My Free Resource Hub & Education Community 👉 go.huntergalloway.com.au/hub

@trs8696 2 жыл бұрын

a friend of my father spent years wasting real estate agents' time by pretending to be interested in buying places. he did it just because he hated them.

@MortgageBrokerAustralia 2 жыл бұрын

Thanks for watching!

@hollee1464 2 жыл бұрын

That man is my hero 🦸‍♂️

@statewidefilms Жыл бұрын

Love it

@vamsumkristin59 2 жыл бұрын

I have inspected over 100 properties here in Melbourne and I can tell how common these tricks are. There is another trick some agents use where they get some first home buyers think that they can get a property in Auction inspite of being well aware that there are investors who are going to bid on it and of course win the bid. But once the first home buys lose the bidding the agents quickly go in for the kill, use their emotion and quickly make them sign on another inferior property make them pay the full price of the first property! The bottom line is emotion + investment = HUGE Failure :(

@MortgageBrokerAustralia 2 жыл бұрын

Thanks for watching Vamsum!

@marisoldominguez130 2 жыл бұрын

It is difficult to trust some real estate agents. Experience working with a listing realtor who was very dishonest.

@MortgageBrokerAustralia 2 жыл бұрын

Thanks Marisol, certainly does make it a challenge.

@tessajones9393 4 жыл бұрын

#3 🤣 I learned about fear of loss in sales years ago. hubby and I were just laughing yesterday that if I were a real estate agent I'd name my business 'Fear of Loss' 🤣

@MortgageBrokerAustralia 4 жыл бұрын

LOL!!! I wonder how many people would get the joke though hahaha! Thanks again for watching! Cheers, Jayden.

@maccanaise55 3 ай бұрын

More regulations and bigger fines required. Housing market is out of balance in more ways than just supply and demand

@IrishRebel88 Жыл бұрын

You could bring pricing down to a reasonable level everywhere if you could just get people to do this one thing: stop paying more than what the property is worth. But don't hold your breath because plenty of people will just shell out that overly high price because they just have to have that house, debt up to their necks or not. That screws everyone else in that it keeps the housing prices high b/c new sellers look around and say " Hey, this house just like ours sold for $450000, so let's list at $480000 and wait for some fool to pay it. "

@MortgageBrokerAustralia Жыл бұрын

You're absolutely right that housing market dynamics can be complex, and emotions sometimes play a large role in purchasing decisions. At Hunter Galloway, we recognize the challenges home buyers face, especially when it comes to finding the right property at the right price. That's why our approach is dedicated to understanding each client's unique situation and needs. We provide personalized advice to ensure that home buyers are making informed decisions that align with their financial goals and lifestyle preferences. By accessing lending across our panel of 30+ lenders, we're able to find competitive mortgage options that can make homeownership more attainable. We believe in making the home buying process as stress-free and uncomplicated as possible, guiding our clients every step of the way. It's natural for sellers to seek the best possible price for their property, and it's our job to help home buyers navigate the market sensibly. We're here to assist you in making sound decisions, ensuring that your investment in a home is both satisfying and financially wise. If you have any questions or concerns about the current market or the home buying process, please don't hesitate to reach out to us.

@ArtbyMagic 3 жыл бұрын

Real estate agents are like spiders woving a web of lies.

@MortgageBrokerAustralia 3 жыл бұрын

Thanks for watching Monchi

@leejlogan 4 жыл бұрын

These videos are really helpful. Thanks a lot! :-)

@MortgageBrokerAustralia 4 жыл бұрын

Glad you like them!

@davewicks787 3 жыл бұрын

If the lips of a 'real estate agent' move, then you know they're lying.

@MortgageBrokerAustralia 3 жыл бұрын

haha, thanks for watching Dave :)

@user-pp8ly2wn6t 3 ай бұрын

It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.

@MortgageBrokerAustralia 3 ай бұрын

Thanks for watching !!

@qadeerhussain5751 3 жыл бұрын

Thanks for your time and help

@MortgageBrokerAustralia 3 жыл бұрын

No worries!

@ZingZingNZ 11 күн бұрын

What about negotiating, then within 5k radio silent. My daughter in hospital

@zedizdead 4 жыл бұрын

CBA clients can use their Property android app for free to check for how much a property was sold for. Pretty handy.

@MortgageBrokerAustralia 4 жыл бұрын

good tip, thanks :)

@yuuka926 3 жыл бұрын

in Sydney most houses are underquoted by at least 10% to 20%. General rule is get a guide price add at least $200,000

@MortgageBrokerAustralia 3 жыл бұрын

Thanks for watching!

@Amar-ev6mw 3 жыл бұрын

Love your videos and the helpful advice. Its absolute Gold!!

@MortgageBrokerAustralia 3 жыл бұрын

Glad you think so!

@MortgageBrokerAustralia 4 жыл бұрын

Remember to do your own research, follow the tips and tricks www.huntergalloway.com.au/property-market-research-process/

@MortgageBrokerAustralia 3 жыл бұрын

@spitzndtruth 1 ah that sucks! I had a similar situation a few weeks ago where someone was selling a house without a pool safety certificate (in Queensland). The bank valuer said the property wasn't habitable without that safety cert so it is quite a serious thing! Sorry to hear about all that mucking around though!

@chuckmaddison2924 3 жыл бұрын

Hi , I'm in WA and I'm selling. I get the feeling the agent is trying to drive price down. I keep hearing I need to drop price about $ 90000 as a lot have said house needs renovations , was built about 1980 . It's listed at about $ 20000 below median. No offers presented. Getting suspicious.

@mulliganstew72 3 жыл бұрын

Trust your gut. Their renovations are only worth as much as their next-door neighbors ‘ property unless they’re adding an extra room…

@chuckmaddison2924 3 жыл бұрын

@@mulliganstew72 Many thanks. Had look at some other houses he has sold that have been renovated. Basically it's painted bathroom tiles, new sink, kitchen cabinet door's, cheap fake plastic wood flooring., paint and some vertical blinds. $ 90000 or diy handyman over 8 months. My gut feeling is bad. Last house he sold for second time was $ 110000 over previous sale 8 month before.

@MortgageBrokerAustralia 3 жыл бұрын

Thanks Chuck, it might be worthwhile getting a few sales agents, even buyers agents to check out the property and provide feedback on what they feel it might be worth. Getting a few different opinions might help. It could even be worth getting your bank to value the property too.

@chuckmaddison2924 3 жыл бұрын

@@MortgageBrokerAustralia The bank had not thought of that. I did ask a developer and he said block was worth more than what I'm asking.

@joevarga5982 2 жыл бұрын

So did you sell it?

@MortgageBrokerAustralia Ай бұрын

📚 My Free Resource Hub & Education Community 👉 go.huntergalloway.com.au/hub

@libbythomas5351 3 жыл бұрын

Thanks this was super helpful as well as your other vids - well done

@MortgageBrokerAustralia 3 жыл бұрын

Glad it helped Appreciate that!!

@danieljamieson8515 4 жыл бұрын

On a particular real estate web site I have seen a house advertised and it says current offer $500,000. It's not advertised as an auction and it doesn't list the house as currently being under offer. This current offer statement is in the title. What stunt are they trying to pull?

@MortgageBrokerAustralia 4 жыл бұрын

Hey Daniel, that sucks. I haven't heard of that happening, but i have seen something similar with multiple offer situations so I guess the key is doing your research and knowing your limit. Thanks for watching, Jayden.

@qadeerhussain5751 3 жыл бұрын

Excellent video

@MortgageBrokerAustralia 3 жыл бұрын

Thank you very much!

@thomwhyte6161 3 жыл бұрын

(As a buyer)......If an agent claims there are multiple offers on a property, do they legally have to supply me with a multiple offer acknowledgement form? Can this be used to call there bluff?

@MortgageBrokerAustralia 3 жыл бұрын

In Queensland they are supposed to yes. more info www.huntergalloway.com.au/multiple-offer-situation/

@aaryaputra108 4 жыл бұрын

How do you find out if a property has been flooded?

@MortgageBrokerAustralia 4 жыл бұрын

Follow this guide here www.huntergalloway.com.au/floodwise-property-report/

@aaryaputra108 4 жыл бұрын

@@MortgageBrokerAustralia Thank you, you guys are awesome!

@d_girl17 2 жыл бұрын

Thank you

@MortgageBrokerAustralia 2 жыл бұрын

You're welcome

@elleblue07 3 жыл бұрын

Hi Jayden, putting in an offer before auction worked for me, and helped me get my current home that I had long had my eye on. The owners had to move overseas, so I put in as high an offer as they could reasonably expect, probably better than they were hoping to get at auction, and with a reasonable contract that made the whole thing more attractive to them.

@MortgageBrokerAustralia 3 жыл бұрын

Hi Elle, thanks for watching :) That's fantastic and sounds like it was a win win.

@karlosxzy 2 жыл бұрын

OOhh... this video aged well. Late 2020 onwards FOMO went off the rails..

@MortgageBrokerAustralia 2 жыл бұрын

Thanks for watching Karl!

@pizzaandproperty1246 4 жыл бұрын

Those sneaky agents... can’t be trusted 😉

@MortgageBrokerAustralia 4 жыл бұрын

Haha! Thanks for watching

@birthingathome_apodcast 3 жыл бұрын

Lots of sales I've seen in Melbourne lately are sold before auction...comments? is it legit?

@MortgageBrokerAustralia 3 жыл бұрын

Great question Elsie, it's a tough one as if the vendor is motivated and gets the right offer they might take it. It's a case by case basis, as every vendor selling their property might be motivated by different reasons.

@personincognito3989 4 жыл бұрын

Wow some shady dealings in Australia. They don't tell you the price? Totally illegal in Canada.

@MortgageBrokerAustralia 4 жыл бұрын

I know right!! Naughty naughty Australia! Also this is in certain parts in Australia, in Victoria agents got in trouble on this a few years ago so they have to give a pretty rough guide.. still though

@personincognito3989 4 жыл бұрын

@@MortgageBrokerAustralia are price is listed right on the realtor website. I can't imagine it not being listed.

@last_samurai6690 Жыл бұрын

New Zealand is worse. Especially Auckland