Information on Buying
Can we help you?
Ray White sell one in ten properties in Australia and New Zealand and is Australasia’s biggest real estate group. With more than 60,000 properties for sale, your next home, investment or commercial enterprise could be right here.
We have a strong commitment to providing the best possible results for our customers, whether buying or selling. We achieve this through our focus on people and building meaningful relationships where we really listen to our customers’ needs and desires.
Our local market share means you have more properties to choose from as a buyer. If we don’t have the property you are looking for, we will research the market place and speak with our database of sellers until we can locate the right property for you.
Ray White’s sellers are all briefed on the current market conditions and particularly the difference between “asking price” and “market value”. Our salespeople are all trained in win-win negotiation skills and are empathetic people who really listen to what buyers require.
In addition, every Ray White Sales Agent is a long term resident of the Byron Bay area.
Buying a home is one of the most expensive things you will ever do, so it’s important to be well informed about the buying process and the property market. With so much at stake, every decision is an important one. All of the Sales Agents at Ray White Byron Bay are fully qualified and highly trained and are very happy to offer advice on any aspect of real estate.
Here are a few tips to help you through the home buying process:
Prepare a shortlist of preferred areas that suit your budget as well as you requirements for lifestyle and accommodation.
Research sales in those preferred areas. Inspect properties for sale in your preferred area so you have a feel for the price. Attend all auctions in the area.
Develop a relationship with the Ray White Sales Agent specializing in your preferred area. The agent will be able to offer additional advice and also alert you to new listings early on.
When you find a property that suits your requirements, ask your agent to send a copy of the sale contract to your solicitor or conveyance.
We recommend that you arrange a building and pest inspection to make you aware of any major defects and pest concerns.
Following your solicitor’s or conveyancer’s advice on the sale contract and taking into consideration the building and pest reports, you are now able to make an informed decision to proceed with an offer on the property through the agent.
Once negotiations have been finalized, you will be required to sign the sale contract and pay a 10% deposit. Your deposit will be held in trust in an interest bearing account until settlement. Interest is normally equally divided between you and the vendor. The vendor will sign their sale contract and the solicitor/conveyancer or agent will exchange the contracts.
On settlement day, your solicitor or conveyancer may request that you have a pre-settlement inspection before settlement takes place. This is to ensure that the property is in the same condition as when you last inspected it and that all the inclusions are as per the contract you signed.
And, wherever you buy, make sure your real estate agent helps you with finance, conveyancing, insurance and moving as well.