The Amato Property Blog

Finding the Right Property for Your Needs: Navigating the Market and Avoiding Property Spruikers

When it comes to buying property, one size most certainly does not fit all. Whether you’re a first-time buyer, a growing family, or an investor looking to diversify, choosing the right property that aligns with your individual circumstances is crucial. In a market full of variety, there is also an abundance of advice, not all of it reliable.

Navigating this maze can be tricky, especially with the increasing presence of property spruikers—individuals or companies pushing properties with slick sales pitches but little regard for what’s genuinely best for you.

In this article, we’ll explore why it’s vital to make the right property choice for your situation and how to avoid being swayed by those who don’t have your best interests at heart.

Why Buying the Right Property Matters

1. Your Lifestyle and Needs Matter

Whether you’re after a city apartment, a suburban family home, or an acreage retreat, the property you choose should suit your current lifestyle and future goals. A family with young children may prioritise proximity to good schools and parks, while a young professional may prefer a modern apartment close to the CBD.

It’s about aligning your property with your day-to-day life, so it serves as a functional and comfortable space.

2. Financial Security

A property is one of the biggest investments you’ll make in your lifetime. Buying the wrong type of property for your circumstances can lead to financial strain. If you overstretch your budget or purchase a property that doesn’t suit your long-term goals, you could end up needing to sell sooner than expected, often at a loss.

Careful consideration of your budget, future income, and financial goals is key.

3. Future-Proofing Your Decision

Your current situation is important, but so is your future. Are you planning to grow your family, start working from home more frequently, or perhaps downsize as retirement approaches?

The right property should offer flexibility for changes in your circumstances, whether that’s through the potential for renovations, an adaptable layout, or simply being in a location that suits your evolving needs.

4. Avoiding Property Spruikers – What You Need to Know

In an increasingly competitive market, property spruikers are on the rise. These individuals or groups often present themselves as real estate ‘experts,’ promoting properties or developments as once-in-a-lifetime opportunities.

However, their advice is typically biased, as their income is tied to selling specific properties, often with high commissions involved. Here’s how to spot and avoid property spruikers:

    a. Overly Aggressive Sales Tactics

If you’re being pressured to make quick decisions without time to properly research or inspect the property, that’s a red flag. Spruikers rely on urgency to push you into purchases without considering whether the property suits your needs.

    b. Limited Options

Spruikers usually only promote a small number of properties or developments, often in locations that may not align with your preferences or financial goals. They focus on selling these specific properties because of their vested interest, rather than giving you a broad range of options to find your ideal home.

    c. Too-Good-To-Be-True Promises

Be wary of promises of guaranteed returns, no-risk investments, or properties that sound too good to be true. The reality is, property investment always carries some risk, and anyone claiming otherwise is likely prioritising their commission over your best interest.

   d. Lack of Transparency

A professional and ethical real estate agent will be upfront about any fees, commissions, or incentives involved. Spruikers, on the other hand, tend to gloss over the financial details or dodge questions regarding their earnings from a sale.

5. How to Protect Yourself

a. Do Your Own Research

The best way to avoid falling for property spruikers is to educate yourself. Take the time to research different areas, property types, and market conditions. Seek advice from independent professionals like financial advisors, conveyancers, or trusted buyers agents who are not financially linked to specific properties.

b. Work with Reputable Agents

Choose real estate agents who are transparent, well-reviewed, and who take the time to understand your individual circumstances. It’s important to remember that sales agents primarily work for the vendor, not the buyer. Their goal is to achieve the best possible price and outcome for the seller. A reputable agent will be upfront about their obligations and work with you to provide accurate information on the property.

For buyers, it can also be helpful to engage a buyer’s agent—someone who works directly for you to help find the right property and negotiate on your behalf.

c. Don’t Rush

While the property market can be competitive, it’s important to take your time and not be rushed into a decision. Consider your current and future needs, review your finances, and don’t let anyone pressure you into buying a property that doesn’t feel right.

Final Thoughts

Buying a property is one of the most significant decisions you’ll make, and it should never be taken lightly. Finding the right property for your unique circumstances means taking into account your lifestyle, financial situation, and long-term goals. At the same time, it’s important to be cautious of property spruikers who may be more interested in making a quick sale than helping you secure the perfect home.

At Amato Property, we understand that every buyer is different, and we pride ourselves on offering genuine advice tailored to your needs. We’re here to help you find not just any property, but the property that will work for you and your future.

If you’re ready to start your property journey, let us guide you every step of the way—no pressure, no gimmicks, just trusted advice.

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Disclaimer

Amato Property, together with their directors, officers, employees and agents have used their best endeavours to ensure the information passed on in this document is accurate. However, you must make your own enquiries in relation to the information contained in this document and seek advice from your financial advisor, broker or accountant to ascertain its application to your circumstances.