MANAGING DIRECTOR
HOT PROPERTY BUYERS AGENCY
In this month’s real estate update, we are excited to bring you an exclusive interview with Zoran Solano, Managing Director of Hot Property Buyers Agency. Zoran offers his expert insights on the property market, sharing his extensive knowledge on effective strategies for property investment and buyer advocacy. He discusses the importance of thorough market research, understanding property values and making informed decisions to maximise investment returns.
Whether you’re a seasoned investor or a first-time homebuyer, Zoran’s advice will provide you with the tools you need to navigate the real estate market confidently.
“One of the biggest trends at the moment is the activity from home buyers, specifically first-time home buyers and the rise in popularity of units and townhouses. I think that increased assessment rates from the banks and median house price increases have directed more buyers towards the unit, apartment and townhouse markets than ever before. At the moment, that segment of the market is as hot as I have ever seen it in over 15 years in the industry.”
“We often say that appointing Hot Property Buyers Agency to assist is like sending a professional sportsperson into an amateur league; we become your competitive advantage. Our value starts by developing and crystallising your property goals, searching both on and off-market leveraging the relationships we have with agents and private owners. Not to mention the power we bring in negotiations, saving you thousands and avoiding overpaying.”
“This is a hard one as there are opportunities in many different markets. I think that the middle suburban ring of Brisbane, within a 5-20 km radius, for a house with good land size and a solid structure, will be a solid performer over the next 10 years as Brisbane grows. When you look at the value of a freehold house in that radius and compare us to Sydney and Melbourne, we are still affordable.”
“One piece of advice I have for all buyers is to consider the price growth that is occurring monthly in the market you’re looking to purchase within. The longer you take to buy, the more you’re paying at the moment. So, getting a competitive advantage like a buyers agent might just be the trick! Also, consider factoring in price growth into your offer when looking at historical sales.”
“As mentioned above, the unit, apartment and townhouse market is as strong as I have seen in years. However, I do caution buyers that this run of growth will subdue and flatten out, in my opinion. Also, properties in the more affordable end of the market are in high demand at the moment.”
To close this month’s real estate update, Zoran’s tips offer practical and valuable advice for anyone looking to buy property. His insights stress the importance of doing your homework and making smart choices to get the best results. By using his professional expertise, you can feel more confident and prepared in the competitive real estate market.
From buying your first home to refinancing, commercial or construction loans – our free service takes the stress out of getting finance. We offer our services Australia wide so why not reach out to us today. We’d love to hear from you.
