How we helped Stuart & Katrina Purchase Their Family Home In Kahibah
Stuart and Katrina, Novocastrians at heart, were eager to upgrade their family home to accommodate their growing needs. They had grown up in the streets of Newcastle so the local market was no stranger to them. However, they were finding it difficult to find what they were looking for.
The Hurdles
Stuart and Katrina encountered a few challenges before enlisting the help of Chamberlain Brown as their local buyers agents. They were struggling to find enough time to dedicate to the property search, were finding it difficult to work effectively with real estate agents, and couldn't locate a property that met their specific requirements through traditional on-market channels. They were also the first to admit that buying property was not their day-job. They lacked the knowledge and expertise to accurately value properties and negotiate favourable terms.
The Process
We embarked on a comprehensive process to address Stuart and Katrina's unique needs. It all began with an Align To Buy Meeting, during which the team discussed the specifics of their desired property and leveraged their local market knowledge to develop a tailored property brief.
We then initiated an extensive search, making 341 phone calls and sending 490 emails across our journey together, to identify potential opportunities. We managed to uncover four off-market properties that Stuart and Katrina hadn't been aware of previously, one of which was an absolute cracker. We conducted multiple inspections across the journey and facilitated an array of due diligence procedures which included by scheduling and reviewing Pest & Building reports and providing detailed analyses of factors such as bushfire risk, public housing, and renovation costs. To accurately determine fair market value, we also carried out thorough valuation activities before negotiating on the right property.
With all the necessary information at hand, we then developed a logical negotiation strategy to secure the best possible outcome for Stuart and Katrina.
The Result
Thanks to the expertise and efforts of the team, Stuart and Katrina achieved an unbelievable result. We successfully facilitated the purchase of an off-market property that perfectly matched their needs and preferences. The entire process, from the initial consultation to the final purchase, was completed within just six weeks. Most impressively, our negotiation strategy ensured that Stuart and Katrina secured the property at an incredible price, maximizing their return on investment.
If you’re looking for some advice on the Newcastle market, you can find us on Instagram @chamberlainbrownproperty or enquire here.