When it comes to buying or selling a property in the Douglas Shire, you will want a Port Douglas real estate agent to help guide you through the entire process. It’s natural that you will have several burning questions about this significant financial and emotional decision you are making – which is why you’ll want an experienced and trustworthy local agent on your side.
The team at Property Shop Port Douglas & Mossman are experts on the local property market and are equipped with the relevant knowledge to shed some light on all of your buying and selling questions.
What You Should Ask Your Port Douglas Real Estate Agent Before You Buy
1. Why are the current owners selling?
Knowing the reason why the vendor is selling can give you a valuable head start in coming up the right asking price and bargaining approach. It’s possible you may be able to ask for a lower price if you find out the owners are needing to sell in the immediate short term. Finding out what their motivation for selling Port Douglas property will give you an advantage in deciding how much you should offer.
2. What do you think of the location?
Every member of the Property Shop Port Douglas & Mossman team is a local of the area who will be able to give you detailed advice on the local area and its market trends. We can tell you about the area’s demographics and value, what new developments are planned to take place, and its proximity to schools, doctors and other amenities. With this local knowledge at your disposal, you will be able to assess whether or not the asking price for the property is reasonable.
3. What do you think of the neighbours?
There can be no denying the value of having good neighbours. However, the opposite can also be said of neighbours who bring down the overall quality of a street. The real estate agents at Property Shop can tell you what the neighbours are like for properties that you are considering buying, so you have a better idea of the kind of neighbourhood that you may be moving to.
4. Has the property been renovated recently?
Knowing about any recent renovations that have been undertaken at a property not only gives you a better idea of its overall market value but allows you to assess the condition of the property itself. You will want to know if any renovations were council approved and completed to a high standard before you buy Port Douglas property.
5. Have there been any similar property sales in the last year?
Asking this question will give you a better understanding of whether the asking price for the property you are interested in is reasonable and how it compares to similar sales around the same area. Using this information, you can better decide on a realistic offer for the property and move forward on buying the Port Douglas property of your dreams.
What You Should Ask Your Port Douglas Real Estate Agent Before You Sell
1. What are my property’s weaknesses?
Understanding your property’s drawbacks may be difficult to hear, but it will give you a clearer picture of its value and give you a chance to fix some of its issues before it goes on the market. The real estate agents at Property Shop will always give you an honest assessment of your home, apartment, or rural property before you sell, so there won’t be any unexpected surprises when you start to look for buyers.
2. What are the costs to selling?
We always ensure that sellers are made fully aware of the costs associated with selling their property, so they never feel caught off guard by any unexpected expenses. These costs may include:
- Legal costs
- Moving fees
- Council and strata fees
- Capital gains tax
- Agent’s commission or flat rate fees
Knowing what costs you can expect when selling your Port Douglas property will give you the opportunity to stay ahead of your finances and navigate the selling process without fear of any unexpected fees appearing.
3. What is the best method for selling my property?
Auction, private treaty, expression of interest? These are just some of the ways in which you can sell your property through Property Shop Port Douglas & Mossman. By asking your real estate agent which method they think is best, you will be able to move ahead with the sales process with the confidence that you have chosen a strategy that is best suited to your area’s demographics and needs.
4. Is the local area growing?
Our Port Douglas and Mossman real estate agents will be able to use their local knowledge to inform you about the projected growth in the area that you are selling in. They will use growth indicators such as sales data, business activity, and neighbourhood trends to give you a detailed assessment of what the short and long-term future of the area is predicted to look like so you can have a better idea of what your asking price should be.
5. What is the marketing plan for my property?
The marketing plan is the most important method of getting prospective buyers interested in your property. Our real estate agents will be able to tell you what combination of social media marketing, signage, local marketing, copywriting, photography, and internet marketing is best for your property to get the right offer from an interested buyer.
Get in Touch
Property Shop Port Douglas & Mossman is a team of dedicated Port Douglas real estate agents who are committed to helping buyers and sellers achieve their property goals in this beautiful part of Australia. For more information, get in touch today on 07 4099 5355.