Assisting clients with property acquisition process, and providing advice on where and how best to invest funds when buying properties is an extremely important part of the work I do, and something I never take lightly. Property purchases are often our biggest one-time investments, and each step needs to be taken with careful planning, background research, and careful examining of short-term and long-term goals.
The acquisition process can be draining and time-consuming if the background research and planning is not done prior to commencing with the property search. When working with clients on a new project, we initiate the process with a careful examination of the goal, objectives, priorities, and timelines. Once the plan is built, we test the set priorities by viewing several properties that meet criteria, and once the parameters have been tried and confirmed, we embark on a focused and efficient search for the best property at the best value within the set parameters.
Buyers’ remorse is a fairly common occurrence that follows a new property purchase, especially in a market that is always a moving target, and it constantly seems inflated. In order to avoid the post-purchase blues, we invest in time and analysis before the purchase process starts, and our documented plan and following journey follows the decision-making logic. This is something that my clients can always rely on to understand how decision-making process evolves or if it needs to be further tweaked.