From Rentvestors to Homeowners with our Buyer and Vendor Advocacy Service
Referred to us by their financial planners, our clients engaged us to manage both sides of their property journey—helping them buy their first home while successfully selling one of their investment properties. As experienced rentvestors, they had decided the time was right to purchase their first family home. To fund the purchase, they also planned to sell one of their investment properties, making timing and strategy critical.
The Buy
Suburb: Pascoe Vale South
Purchase Price: $1,575,000
Land: 498m2
Bed 3 | Bath 2 | Cars 2
The Sell
Suburb: Reservoir
Sold Price: $560,000
Bed 2 | Bath 2 | Car 1
The Buying Strategy
Our priority was to secure their new home before listing their investment property and that’s exactly what we achieved.
The perfect fit was a beautifully renovated French Provincial-inspired three-bedroom home in Pascoe Vale South. Ideally located close to schools, shops, cafés, restaurants and public transport, it ticked all the boxes.
With the property scheduled for auction, we recommended bypassing the auction campaign altogether. After completing all due diligence, we submitted a compelling unconditional offer three days before auction, giving the vendor certainty and a strong reason to accept early.
The strategy paid off. We secured the property below our clients’ budget and for less than our assessed market value.
The Selling Strategy
With their new home secured, we turned our attention to selling their investment property in Reservoir.
The property was a modern two-bedroom, two-bathroom townhouse that presented beautifully. While its High Street location would narrow the buyer pool, we developed a tailored campaign to attract the right purchasers.
Our clients were keen to settle before the end of the financial year for tax planning purposes, so we worked backwards from that deadline. We issued a Notice to Vacate as the tenants were nearing the end of their lease, professionally staged the property, and launched it as an Expression of Interest campaign with a set closing date.
The campaign generated strong interest, and before the deadline we entered negotiations with one of the prospective buyers. After strategic negotiation, we secured a sale within our clients’ target price range and arranged settlement for 22 June, allowing them to meet their financial-year objectives.
The Outcome
Our rentvestor clients were thrilled with the result. Their Buyer and Vendor Advocate, Rob, managed the entire process from start to finish, providing a seamless experience during what could have been a complex transaction.
The greatest compliment came from the clients themselves. They told us they wished they had found us sooner to help build their investment portfolio and that they’ll be back when they’re ready to purchase again.
They also shared their experience in a glowing 5-star Google review. Something we’re incredibly grateful for.
We had the pleasure to work with Robert, who helped us sell our investment property and buy our dream home in the Inner North of Melbourne – and we couldn’t be happier with his work. Robert led the due dilligence and negotiated for us (with I believe a much better outcome than if we had to do it ourselves). Throughout the process, Robert really listened to our needs, answered a myriad of questions with patience and thanks to him the process was much less stressful.
We will always highly reccommend him and if we ever move again or buy an investment, he will be our go to!
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