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Case Study: Helping First Home Buyers Secure an Oversized Apartment in Willoughby

Client Profile

• Location: Willoughby, Sydney
• Buyer Type: First home buyers
• Goal: Purchase a large, two-bedroom apartment with two bathrooms, close to transport and amenities

Situation

Our clients, first home buyers, were seeking a spacious, modern two-bedroom apartment in the Lower North Shore. Key requirements included:

• Proximity to transport for easy city access
• A quiet street within walking distance of shops
• Ample space to accommodate working from home and entertaining

With a specific brief and competitive price point, the clients engaged us to streamline the search, inspect properties on their behalf, and manage the negotiation process.

Challenges

The search for an ideal first home in Willoughby presented unique challenges:

1. Tightly Held Area: Finding a spacious two-bedroom apartment within budget in the Lower North Shore required exclusive access to limited listings.
2. Time Constraints: As busy professionals, the clients needed efficient property selection and timely updates.
3. Specific Requirements: The clients' needs for ample space and dual bathrooms in a quiet yet convenient location further narrowed the search.

Our Approach

To meet the client’s needs, we focused on off-market access, strategic property inspections, and a quick negotiation process.

1. Exclusive Off-Market Search and Property Pre-Inspections
   Leveraging our agent relationships, we gained exclusive access to off-market opportunities and conducted pre-inspections. This approach minimized the client’s need to attend viewings, presenting only the most suitable properties. Within four weeks, we identified a spacious 157 sqm two-bedroom apartment in a modern boutique block in Willoughby.
2. Detailed Due Diligence and Agent Insights
   For the identified property, we conducted comprehensive due diligence on strata conditions, pricing insights, and property features, ensuring it aligned with the clients’ needs. Our insights helped the clients make an informed decision on both quality and price.
3. Swift Negotiation Below Budget
   With a clear negotiation strategy, we engaged directly with the agent to secure the property at a price well below the client’s budget. This proactive approach ensured a favourable deal, helping the clients save and complete the purchase seamlessly.

Outcome: Securing a Spacious, Modern Apartment in Willoughby Below Budget

After only four weeks of searching, we successfully secured a 157 sqm two-bedroom apartment that provided the clients with space for work and entertainment, as well as proximity to transport. The clients inspected only three properties before we found their ideal home, making the process efficient and stress-free.

Key Benefits to the Client

• Exclusive Off-Market Access and Property Selection: Presented high-quality, off-market options that aligned with the clients' brief, saving time and reducing competition.
• Strategic Due Diligence and Market Insights: Offered detailed insights on property valuation and agent feedback, ensuring an informed purchase.
• Efficient Negotiation for Cost Savings: Secured the property below budget, allowing the clients to maximize value within their price range.