Buying Property

from Coffs Coast Focus - i137

by Focus

State of Play - Gurmesh Singh

focus_contributor.

with VANESSA SIMPSON

BEACH OR BUSH EXCLUSIVE BUYERS’ AGENTS

WELCOME TO THE FIRST COLUMN OF BUYING PROPERTY COFFS COAST.

Each month I intend to give insights into the world of Buyers’ Advocacy and buying property, here on the Coffs Coast. I will cover topics such as the role of a Buyers’ Agent, advice for first home buyers, what’s happening in our local market from a buying perspective, a sneak peek at some of the Coffs Coast’s luxury homes, ‘beach or bush’ – living on our stunning coast versus living in our beautiful hinterland, insider tips, plus other varied topics. This month, I’d like to start with the role of a Buyers’ Agent. Although Buyers’ Agents are prevalent in our capital cities and are now included in popular ‘reality’ series, a lot of people here on the Coffs Coast are still unfamiliar with the concept. I, personally, originally obtained my real estate licence whilst living in America, where ‘Realtors’ either represent a buyer or a seller during the property transaction. When purchasing a property in the USA, a buyer will generally engage a Realtor to act as their (buyers’) agent to source the property plus represent their best interests during the process. I enjoyed working with buyers so much, I opened my own buyers’ agency here on the Coffs Coast. Buyers’ Agents are licenced real estate agents. They carry out functions such as inspecting and short-listing properties, assessing market value, bidding at auction, negotiating with sales agents, accessing databases and information not readily available to the public, plus they carry out extensive research to ensure your choice is a sound one. They also have increased access to off-market properties. Buyers’ Agents also liaise with your engaged third parties, such as building & pest inspectors, conveyancers and strata inspectors. For most of us, buying a property is the largest investment we’ll ever make, and yet most people go it alone, without the assistance of an industry professional. It is the sales agent’s legal obligation to represent the best interests of the seller and to act exclusively for them. Given the substantial financial outlay, it’s imperative the purchase is a sound one on all levels. The notion of having a representative who will look after solely your interests is most certainly logical. Buyers’ Agents charge a fee to the buyer for their services and do not share commission with the sales agent. For investors, the fee may be tax deductable because it’s a fee associated with acquiring the investment, of course, check this information with your accountant or tax advisor. Beware of ‘spruikers’ presenting themselves as ‘wealth creation’ experts, but who do not hold a real estate licence, or other relevant qualifications. There are also those who decided the recent property boom was a time for a change of career and have not worked in real estate before, presenting themselves as buyers’ agents. Your due diligence is the most important part of the process when purchasing a property and you need someone by your side who is experienced in the process.

Given the substantial financial outlay, it’s imperative the purchase is a sound one on all levels. The notion of having a representative who will look after solely your interests, is most certainly logical.

Blue Ribbon

Blue Ribbon

Experience the Blue Ribbon Homes difference and team up with a locally owned, long established reputable builder that has been proudly building beautiful quality homes on the Mid North Coast and surrounds for over 3 decades! We are committed to exceptional quality, modern innovation and most importantly, to you and your new home.

We offer an inhouse custom design service, an extensive range of standard plans or we are more than happy to quote from your own plans. At Blue Ribbon Homes we can guarantee to develop a balanced and functional home design that will suit both your lifestyle and your budget.

We believe that building a new home is an exciting life experience and should be easy and enjoyable. Our experience and skills will give you the confidence to know that you are in great hands, leaving you free to consider what you want from your new home and to enjoy your building journey.

At Blue Ribbon Homes our service is personal, and our communication is friendly, open and honest. You will feel part of the team as we guide you through the building process, keeping you regularly updated and making you feel involved every step of the way in making your dream home a reality!

Our display home ‘The Belleview 4M’

The Belleview 4M is a custom-designed home with a feature courtyard that embraces the casual lifestyle of beachside living. The harmonious blend of practical features and aesthetically pleasing lines creates a feeling of simple elegance. A contemporary and sophisticated 4 bedroom design complete with media room, perfectly designed for today’s modern family to enjoy entertaining and relaxing at home.

Highlighting a seamless open-plan transition from indoor to outdoor living, the courtyard style layout enhances our ideal coastal lifestyle – this is a home suitable for all seasons. Facing north, the private courtyard effortlessly links the living and bedroom wings whilst creating an ideal setting for a pool, luscious garden or a combination of both. Simple design articulation combined with tall windows, doors and varying ceiling heights provides a pleasing sense of vast vertical space. Take

You will feel part a seat anywhere in this of the team as we home and instantly feel at guide you through the ease. Abundant natural building process, light creates an ambient keeping you regularly updated and making flow as you make your way through the elegant spaces.you feel involved every Come on down and step of the way in check out our display making your dream home with our friendly home a reality! team today. This is a great opportunity to get to know and see for yourself the Blue Ribbon Homes promise of quality, style and value. Our display home is located at 7 Angler Crescent, Bonville in the Sawtell Commons

Estate and is open Thursday, Saturday and Sunday - 10am to 3pm (or by appointment).

Why we’re different

Free Site Inspection

We offer a free pre-purchase site inspection of your land, providing you with the right advice to help with your land purchasing and building options. Design Flexibility

At Blue Ribbon Homes we pride ourselves on offering our clients unique customdesigned homes that will cost you no more than building from our extensive range of standard floor plans. Challenging Site?

Our many years of experience allow us to confidently build on challenging sites, whether it be a double storey, split level or multilevel home. If it fits your land, lifestyle and budget, rest assured we can build it for you! Not So Standard ‘Standard Inclusions’

You will find that most of the items on your ‘wish list’ come standard with a new Blue Ribbon Home. Our standard inclusions are premium high quality, stylish and modern. Everything in our inclusions list is included in our pricing, what you see is what you get! It’s Your Choice!

We provide you with flexibility by offering you a choice of selections and suppliers. Also, any additional cost of selection upgrades will be passed on to you at our builder’s buying price. About Us

The Blue Ribbon Homes team is made up of experienced, professionally qualified staff who are construction industry specialists. All of our designing, drafting, estimating, quantity surveying, construction supervision and accounting are managed in-house. Our experience and skills will give you the confidence to know that you are in great hands every step of the way towards your dream home!

At Blue Ribbon Homes our company directors work in the office on a daily basis, ensuring that you will deal directly with the business owners. You can have complete confidence that you’re dealing with the decision makers and know that our number one priority is to hand over every new home with delighted homeowners.

Our team of local tradespeople are leaders in their fields, many of whom have been with us for several decades. We use premium quality local manufacturers for all our major construction items and purchase our materials through local distributors. Our long-term

You will find that most of the items on your ‘wish list’ come standard with a new Blue Ribbon Home. Our standard inclusions are premium high quality, stylish and modern. relationship with our trades and suppliers ensures that you will receive the best possible service throughout your build and after you have moved into your new Blue Ribbon Home.

As a member of the Master Builders Association, Blue Ribbon Homes is proud to boast a reputation of honest and reliable service to our customers, built with hard work and dedication over the past three decades.