This is a massive mistake we see buyers make time and time again!
There's so much information online these days that anyone can jump online and quickly become an 'expert' in just about anything - but you know what, nothing beats 'local knowledge'.
There are a number of great tools and websites available to real estate buyers - You can use Google Maps to drill down into the location and the surroundings, street view to check out the neighbours, and often you can even do a 3D walk through of the property.
BUT there are just some things you won't and can’t find out online - no matter how much research you do.
Google can’t tell you about the smell from the sewage treatment plant kilometres away when the wind blows the wrong way.
Google can’t tell you about the traffic or train noise at the wrong time of the day, the sand flies or mozzies expected at certain times of the year.
Google won’t tell you about the low lying backyard that's likely to flood at the first sign of rain, the subsidence issues prevalent in the area.
Is there a transport corridor or a quarry planned in the vicinity?
....(And I'm pretty sure the selling agent won't tell you about these either!)
That's where local knowledge can make the world of difference!
If you're in the market for a property outside your local area, I suggest spending some time just 'hanging out' - head to the local coffee shop or stick your dog on a lead (so you don't look like a stalker!) and head out for a walk in the neighbourhood you're wanting to buy in.
Talk to the locals and ask them a few questions about the area, the local schools, any flooding and even where the rental properties are - you'll find most people are only too happy to share - and especially what they don't like about the area!
That way, you can purchase your new home with confidence and fingers crossed, no 'hidden surprises'.
Just this week I had a buyer from Brisbane call me who wanted a second opinion on the perfect property she had found herself here on the Gold Coast.
I asked her what she knew about the area and within 5 minutes it became very apparent she had no idea about a quarry that was planned a few kilometers away - and the neighbouring road to her ‘dream home’ was to be the main access point!
Without the local knowledge, she would never have found out about it on Google. She had no clue where to even start “No wonder it seemed too good to be true” she told me.
.....I felt immediately at ease with her market knowledge and approach.
Nicole assisted my wife and i with an investment property purchase in Broadbeach area. Whilst I work in commercial RE and my wife an architect we still knew we needed sound, experienced and on the ground market guidance.
Going to a specialist buyers agent who knows the local market is imperative regardless of your general background.
We found Nicole and Eureka Property Buyers Agents via online reviews, after a phone discussion with Nicole and whilst in the general RE industry I felt immediately at ease with her market knowledge and approach.
Like all property purchases they come with variables, some planned for and some not. Nicole was able to best guide us with good counsel throughout.
The icing on the cake in the services Eureka provide is the genuine and personal approach Nicole brings to the table.
I can see why she is a sought after buyers agent in her field.
Terry Rosewarne - Brisbane
👉 BUYER TIP: DON'T BE AFRAID TO PAY FOR GOOD ADVICE AND LOCAL KNOWLEDGE, IT CAN SAVE YOU THOUSANDS!
IT’S NOT ABOUT THE FEW BUCKS YOU HAVE TO PAY THEM - IT'S ALL ABOUT THE HUNDREDS OF THOUSANDS OF $$ YOU HAVE AT RISK BY GETTING IT WRONG.