Tag: best buyers agents

Top 5 Less-Known Hot Real Estate Markets for Newcastle Buyer’s Agent

No one can deny the profits embedded in the ever-growing Newcastle housing market. For realtors, real estate is simply the best business endeavor in Australia. The current Australian tourism statistics show that people from different parts of the world are flocking in to explore the numerous opportunities in the serene city.

While many investors and owner-occupiers are looking for consistently demanding homes in different locations around the region, intelligent buyers agent newcastle are tapping from the flowing cash to favor their pocket as they satisfy their clients. 

It’s not hyperbole to say that the market is hot presently as Newcastle buyer’s agent and their listing counterparts are investing big in the top-rated cities across the country. The word ‘hot’ in this context means busy and productive. Would you instead fold your arms when others are cashing out? I don’t think you’d like that. 

Yes, the real estate business is booming in the fast-rising cities. However, it is somewhat becoming overcrowded. Real estate investment profits more in areas where buying and selling activities are high. We refer to that as the ‘less known hot housing market.’

Related: Best 6 Reasons Every Newcastle Buyers Agent Should Invest In Real Estate

Recognizing the Newcastle hot housing markets

What are the rare places where you can invest little money and earn big in the shortest time possible? That is what you will learn in this article. 

Interestingly, the hottest Newcastle housing market has everything that attracts investors. But, the appetite for an expensive city lifestyle keeps most people away. From a professional point of view, affordability is among the most crucial qualities for home buyers in Australia. A Newcastle buyer’s agent must know how to factor this into his real estate moves. 

Affordability defines a hot market 

Our market research shows that investors and owner-occupiers prefer to invest in a home situated in an area where they can live a good life on a low budget. Our top picks of less-known hot housing markets show a thread of affordability.

Newcastle buyer’s agents must look away from the city’s high-priced locations and invest in more affordable places. People with large family members prefer to settle in an area that can lessen their expenses. 

The theme of affordability is undoubtedly written in the Newcastle home buyer’s attitude, as most people consider prices in detail before making a purchase. Based on reports, many properties have been turned down because of high prices. It is now apparent that people are more actively looking for affordable properties. Newcastle buyer’s agents would make a while of money if they could invest in rare places where homes are incredibly cheap. 

Aside from the affordability, we got that people are tired of living in the city where the hustle and bustle are higher. They would prefer to settle in a calmer environment. No matter how you spin it, your best investment strategy as a Newcastle buyer’s agent is to start shifting your attention to the fast-rising suburbs that offer residents great affordability. 

Now that you have agreed to check and invest in Newcastle’s hottest markets, the next thing is to begin your research. And, I hope you know that’s a tedious task. Meanwhile, we have made your search simple by highlighting three of the most lucrative housing market in Newcastle. 

Top 5 Newcastle Hottest Housing Market Ready For Investment 

1. Beresfield 

This suburb is located 22 km northwest of the Newcastle CBD; it is commonly known for its large capacity and welcoming atmosphere that makes residents feel comfortable. The area features lots of amenities that attract buyers. If you are a Newcastle buyer’s agent and you have not been investing big in this location, you are missing out on a big deal. 

Beresfield has a top-notch shopping center, schools, full-fledged sports centers, and other essential facilities that make living easy. The community is well planned and arranged for easy movement for mainly business class commuters. 

2. Tarro

This northwestern suburb is among the region’s most after locations for existing and new residents. Tarro is about 20 minutes from Newcastle center. It also stands at a 10 minutes distance from Maitland.  

This suburban area offers fantastic comfort and everything called convenience. Based on facts and figures, people are rushing to this area to steel on a long-term basis. By implication, new and exiting home buyers will need a competent Newcastle buyer’s agent to help them find an abode; that’s where you come in. 

3. Black Hill

Black Hill is a tranquil area despite its impressive connectivity for everyday commuters. It remains the best destination for people looking for a slower pace of life instead of the hustle and bustle neighborhood. 

If you are looking for a hot housing market to invest in, you may have to check out what Black hill has to offer. It is excellent for nature lovers and sports enthusiasts; it can gracefully accommodate large families with many children. 

4. Shortland 

The reason why Shortland has gradually become a go-to destination for Newcastle buyer’s agents is not hidden. It provides everything a typical comfort-loving individual can ever imagine. The serene atmosphere is top-notch. Not only that, the natural feeling of the area is wow. 

Shortland is rated a bit above other suburbs because of its impressive low cost of living. People can live in the area even as low-income earners without complaints. You can take advantage of an investment in Shortland now that homes are very affordable. 

5. Terrace 

The terrace is among the most popular suburbs, ready for Newcastle buyer’s agents to make significant investment moves. Terrace doesn’t only offer affordable houses; it liberally makes life comfortable for its residents. This area features excellent facilities and amenities that attract people from far and wide Australia.

In Conclusion

Newcastle buyers’ agents need to focus more on investing in the city’s suburban areas as they are fast-growing and ready for property investment. As an agent, we expect you to understand the necessary research work you need to do before putting your money on the line. However, profit is sure if you do your homework correctly.

Best 6 Reasons Every Newcastle Buyers Agent Should Invest In Real Estate

Generally, buyers agents are known as professionals that help home buyers to get their desired property. At first thought, they are meant to use their expertise and experience to facilitate good deals that can make buyers get value for their pay and rest in comfort. 

Over several decades, Newcastle buyers agents have assisted several home buyers – some of which are investors – to make huge profits that create generational wealth. That’s a noble job! But. Money making should not be for clients alone. Even as a buyers agent, you can amass great fortune buying properties and reselling them for a higher price. 

One thing that looks so deceiving is that Newcastle buyers agents are always in control of a robust portfolio of premium assets and a rich connection of top-rated professionals. It is rather pathetic that they only make money from the 6% commissions they get from the overall sales price.

See Also: The Less-Known Pros and Cons of Hiring a Real Estate Buyer’s Agent

How do you feel about making huge profits from the wealth of top-notch properties under your management? That’s what this article discusses. 

Can a Newcastle buyers agent double as an investor?

Why not? In reality, if you are a buyers agent in Newcastle, NSW, and all you do is help people buy properties and get commissions, you are missing out on a big deal. The Australian real estate market is among the most lucrative in the world. Since you have been practicing, you would have seen people from all over the world flock to every part of Australia looking to buy properties.

From a business point of view, a Newcastle buyers agent should not only aspire to be the most relevant in the Australian real estate local markets. You should also consider partaking in the juicy flow of income in Newcastle and beyond.

Real estate is a highly competitive business in Australia. By implication, you might lag if your net value cannot match up with top industry players. Honestly, the best way to live up and compete on the big stage is to invest in real estate and cash in big time. 

Come to think of it, how much benefit can your experience, expertise, network, and connections be if you can’t even leverage them to boost your wallet? I think it’s time to flex your business muscles!

To shed more light, we are glad to share some unique advantages waiting for you if you invest in properties as an agent. 

6 Reasons a Newcastle Buyers Agent Should Invest in Properties 

1. Vast knowledge of the local market

One of the flashy benefits you have as an agent is that you understand how the local market works. You know where exactly to find what. And, you don’t have to stress yourself running around seeking professional advice. You already know where to start and what to do at each point. 

Being a local Newcastle buyers agent makes a lot of difference. No guesswork; you know what property to buy, what to look out for when purchasing, which neighborhood is more lucrative, and how to make a favorable deal that suits your best interest. 

After years of buying properties for clients, you would have been familiar with the expected downturn in home values. Thus, it is easier for you at the perfect time. Your knowledge of the Newcastle local market will make you overpower even the wealthiest investor in the home buying market. It will also help you not to make an emotional decision that can backfire in the long run. 

2. Ability to do thorough research

Typically, it takes less than three months for novice buyers to research the property they want. They would have gone through much stress looking for showings and inspections. They would also always be on the internet checking the following new listing for speculations. In your case, research is made easy. 

While other investors are busy going from one place to another in the name of research, you have already snatched up the premium properties in the market. As an experienced Newcastle buyers agent, you have done the research for clients over and over for several years. With that knowledge, you can conduct your analysis in the comfort of your home. 

You have all the skills and tools to do comparative market research in Newcastle and decide what price is best for the property listed. No listing agent can take advantage of you selling an overhyped property that doesn’t match the value. You can confidently advance to a seller and make your demands.

3. Access to premium deals 

As a Newcastle buyers agent, you are an Australian real estate market insider. By implication, you can access the MLS database to find the best deal possible in the current market. Don’t forget that no investor can get close to the database to make their choices. So, you are already a step ahead.

More so, hot juicy deals will get to you before other investors know about them. That means you can hijack good deals and personalize them before it gets to the public. 

4. Easier financing 

Every investor should have a solid relationship with other professionals in the industry. With that, you can buy a property even if you don’t have much in your pocket. Meanwhile, novice investors run back whenever they don’t have enough cash to pay for the investment. 

Besides, you can quickly get loans from conventional mortgages, private money lenders, and more. In comparison, non-agent investors may have several difficulties applying for housing loans.

5. Robust real-estate network 

Newcastle is home to experienced realtors. Consequently, there are countless opportunities for Newcastle buyers agents to leverage the strengths of others to make deals to their advantage. For instance, you can access the best real estate lawyers and accountants; you may even be a good friend of a top-rated listing agent who can happily render professional services without charging much. 

6. No agent fee

Except you want to bill yourself for the job well done, you don’t have to pay a dime to an agent to help you find and buy your dream property since you did all that yourself. As expected, you can use the supposed agent commission to cater to other needs.

Finally 

If an agent decides to invest, he gets the best and safest deal possible. Investing in the Australian local real estate market is a win-win situation for every Newcastle buyers agent. Much of the tedious work is what you do for people happily. The only challenge here is to ensure you input the same energy and commitment you give freely to others into your investment. 

The Less-Known Pros and Cons of Hiring a Real Estate Buyer’s Agent

It is always recommended to involve the expertise of a buyer’s agent when buying a home. Whether you are buying houses to re-sell as an investor or want to acquire a property, going through a buyer’s agent will always be your best bet.

From a professional point of view, a seller must form a solid business relationship with the buyers agent sydney before making an offer. In that case, the duo set out to make a deal that is profitable to them. If you understand that, you will agree that any buyer who approaches a listing agent directly is already at a disadvantage. 

Aside from blowing out of budget, there are several other complications you will have to cope with if you choose to go solo without the aid of a professional buyer’s agent. While some are predictable, others are even unknown. The best idea? That’s to find a seasoned buyer’s agent to ensure you have the best and safest deal possible.

Meanwhile, as much as hiring a buyer’s agent benefits home buyers, many still choose to go through the purchase hassles themselves and negotiate a deal that complies with their budget. From that side, they claim it is more cost-effective to avoid the commissions charged for hiring a buyer’s agent. 

Could they be wrong? Well, it’s hard to say. 

In reality, not every buyer needs to hire an agent. Depending on your purchasing purpose, you may not have to bother. Moreover, a few downsides associated with working with a buyer’s agent may encourage you to go without them. 

The article will expose you to the pros and cons of hiring a buyer’s agent. We will enumerate what you stand to gain with an agent, whether you are buying as an investor or owner-occupier.

The Pros of Hiring a Buyer’s Agent as an Investor 

  • Robust market knowledge 

Buyer’s agents understand how the real estate market works. Wherever you are planning to invest, they know what works best in that neighborhood. A reliable buyer’s agent will help you make the necessary findings and advise you on the kind of property you can buy and get massive profits.  

Since he works in the buyer’s interest, he will guide you on choosing the most profitable property, which location would bring the most attractive income, and how to set a competitive price. If you plan to invest huge money in real estate, hiring a buyer’s agent is better to help you solve the riddles and bring home profits. 

  • Easy and quick purchase

If you have once bought a home yourself in the past, you will understand how much stress it takes to get the right property and how tedious it is to go through the process from start to finish. 

Don’t forget that you must first do thorough research, which usually goes beyond merely surfing the internet. Generally, the process will require you to step out and move around to locate your preferred property.  

All of that requires time and money, not considering the physical and mental stress involved. And, if you are buying more than one house, the headache increases. In contrast, a buyer’s agent takes over the job of shouldering all the loads while you sit in the comfort of your home, scrolling through the screen of your mobile phone to assess your options. 

  • Informed Investment 

Buyer’s agents are professionals. They make every investment move from a total business point of view. That means they will not overlook flaws or any sign that suggests the property would be a terrible investment in the long run. 

Most buyers make investment choices with emotions. You may choose a home because of some flashy reasons while undermining its economic value, which will eventually result in loss. As an investor, you should allow a buyer’s agent purchases on your behalf. That is an excellent way to avoid making emotional decisions in business scenes.

The Cons of Hiring a Buyer’s Agent as an Investor  

  • High Commission

There is a saying that a delicious meal comes with huge expenses. If you want to sit in the comfort of your home while a top-rated professional runs an errand on your behalf, you’ve got to pay dearly for the service. Nothing good comes cheap. 

Typically, a premium buyer’s agent will charge up to a five-figure commission. Since he would be working with the help of other professionals like mortgage brokers, property managers, solicitors, accountants, and the like, e would need money to fuel the partnership. 

  • Trust and loyalty issues 

Although there is numerous buyer’s agent out there promising to render the best service in the world. Yet, it’s hard to find the right one that genuinely works for you with your best interest at heart. As an investor, you need to hire an individual who is ready to represent whether you are present or not. And that can be hard to get. Even if you are lucky, it will take time. 

The Pros and cons of hiring a Buyer’s Agent as an Owner-Occupier

 Hiring a buyer’s agent even as an owner-occupier has the same pros and cons as being an investor. The only difference is that the owner-occupier might not necessarily choose to work with an agent since he is not buying for profit. Hence, you can evade the huge commission rate and use the money to settle other essential bills. 

An owner-occupier can buy from a friend or family member who wants to relocate or sell for other reasons without negotiations. Your emotions can also come to play as you don’t have much to lose. 

Final thoughts 

The service of a buyer’s agent can be invaluable to investors, while owner-occupiers might choose to go through the purchasing process without hiring a professional. However, allowing an agent to handle the home buying process will create a win-win situation for an investor. If you are keen to hire, do thorough research before putting your hard-earned money on the line.