How We Helped Angela Purchase Property in Newcastle From Thailand
Angela found herself in a unique situation. Angela had her heart set on acquiring a property in the charming Maryville neighbourhood of Newcastle, which was set to sell at auction. However, she lived and worked at the time in Thailand, over 7000km away. Angela needed a professional and experienced team to handle the entire property acquisition process on her behalf, allowing her to focus on her work and personal life. That’s where we came in.
The Hurdles
Angela's situation presented a set of unique hurdles:
Time Constraints: Angela, a busy professional, lacked the time required to focus on the intricacies and time sensitive requirements of the auction and the preparations required leading up to it.
Distance: Living in Thailand, Angela couldn't physically attend the auction in Newcastle and was coordinating the purchase from a different time zone.
Bidding: She needed someone she could trust and who had her best interests at heart to bid on her behalf.
Setting Bidding Limits: Angela also required assistance in establishing a suitable upper bidding limit to ensure she didn't overextend herself.
The Process
At Chamberlain Brown we understand the challenges of trying to purchase property from out of area and we have the required expertise to help guide clients through the entire process.
Here's how we helped Angela:
Auction Education: We provided Angela with a comprehensive understanding of the auction process and explained all the legal and administrative requirements associated with buying at auction.
Ongoing Support: We were there to address all of Angela's questions and concerns in the lead-up to the auction at any time of day! Whether that be through phone call, video chat or personal message.
Liaison with Third Parties: Our team liaised with the real estate agent and other relevant third parties on Angela's behalf, ensuring a smooth and efficient transaction.
Bidding Strategy: We assisted Angela in establishing an appropriate upper bidding limit and developed a structured bidding strategy to employ on the day.
Auction Representation: On the big day, we acted on Angela's behalf and strategically employed our pre-determined bidding strategy.
Settlement Support: Throughout the settlement period, we remained Angela's point of contact, offering any necessary assistance.
The Result
Delivering a successful result was at the heart of the strategy, and that’s exactly what we did. After more than 50+ bids, the hammer finally fell in Angela's favour, and she became the newest member of the Maryville community.
At Chamberlain Brown, we're committed to making property acquisition a simple and seamless experience, no matter where you are in the world, or what constraints you face.
If you find yourself in a situation like Angela's or are simply looking for advice on the Newcastle real estate market, don't hesitate to reach out to us. You can connect with us on Instagram @chamberlainbrownproperty or enquire here.