How To Win Buying Houses

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Aussie Real Estate Podcast 13 min 3 speakers 2 chapters transcribed
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Craig 0:02
It's The Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia.
Unknown 0:09
And welcome to another episode of The Real Estate Podcast, available on iHeartRadio, also on Spotify and Apple Podcasts, or wherever you get your podcasts from. Well, it's the end of another working week. I hope it's been a good one for you so far. Friday, the 8th of April for 2022. And coming up in just a moment, it's Rich Harvey from Property Buyer. But first, let me tell you about the Real Estate Breakfast Club, which is coming. Yes, we're going to be giving away all sorts of cool prizes, including Mystery Weekends Aweigh. But you will also get to hear exclusive real estate content, which will only be available to the Real Estate Breakfast Club members. Plus, there is going to be specific real estate product giveaways.
Unknown 0:59
So all you need to do is email us to this email address.
Craig 1:03
You can email us at myrealestatepodcast at gmail.com.
Unknown 1:08
And in the header when you email us, put in the header Real Estate Breakfast Club. That's myrealestatepodcast at gmail.com.
Craig 1:19
It's the main centre forecast with propertybuyer.com.au.
Unknown 1:23
Yes, let's have a look at weather for Sydney expecting a shower with a possible storm today with 22 degrees. Melbourne partly cloudy with 23. Brisbane expecting a shower or two with 27. And in Perth today expecting one or two showers and a high of 27 degrees.
Craig 1:44
We feature market updates, interviews and trends. It's your real estate podcast for breakfast.
Unknown 1:50
Well, when it comes to buying a new house, make no mistake, it is a competition. That's right, a competition. Recent metrics might indicate markets are slowing in some of our capital cities, but don't let this give you a false sense of security. Quality property will always be desired by multiple buyers. So it's all in the formulation of a credible plan that will help you beat other buyers to the punch, whether there's two buyers or 22 of them. So what does it take for a home buyer to come out ahead in the home buying stakes?
Craig 2:30
Let's Talk Property, a podcast series with Rich Harvey.
Unknown 2:34
Well, joining us this morning with his thoughts is Rich Harvey, buyer's agent and CEO from propertybuyer.com.au. And a very good morning, Rich. How are you feeling? Because unfortunately, you've got COVID.
Rich Harvey 2:50
I've got it, unfortunately. I finally succumbed. I knew I'd get it at some point, mate, but yeah, I've got it, Craig. You've just got to get it, move on and keep strong. That's all you can do. Luckily, I'm vaxxed, so definitely not as bad as it could have been, but still pretty awful.
Unknown 3:03
Mate, I feel for you and you are just starting to come out of it, you were saying.
Rich Harvey 3:08
That's right. You had it for about six or seven days, so I should be out of isolation tomorrow.
Unknown 3:13
All right. Well, let's hope that all goes well for you in the next couple of days. So listeners of the podcast who are thinking about buying their next property, it's an area that you specialise in working with buyers. So what is the first step? Let's just peel it back. What is the first step a home buyer should be thinking about?
Rich Harvey 3:35
Well, the first thing a home buyer should do is really create what I call an A-team. So this A-team consists of firstly, your mortgage broker. Don't go and try and buy a property until you know how much you can afford to borrow and spend. You know, we don't go to the shops without a credit card or cash in our pocket. So it's really important to know what your borrowing capacity is and where you sit in that price point. That's the first step. You really need a bunch of other people around you apart from a mortgage broker. If you're an investor, you're going to need an accountant or a financial advisor. You definitely need a solicitor slash conveyancer. You'll also need a building inspector if there's not a building inspection available.
Rich Harvey 4:10
So first step is create that A team around you. And of course, a buyer's agent you need on your side if you really want to get a full leg up into the market is to have someone who's an expert on your side. So getting that A-team is really important.

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