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FAQ

Discover answers to frequently asked questions about Boffo Real Estate, including property listings, buying, selling, rental services, and job opportunities. For additional assistance, contact our team or explore our resources.

How to become a real estate agent in Adelaide?

To become a licenced real estate agent, you need to complete accredited training. There are two main pathways, Real Estate Sales Representative and Real Estate Agent Licence. Once you’ve completed the course, you need to apply to the Consumer and Business Services (CBS) for registration.

What are the benefits of selling an investment property?

While selling an investment property can provide several benefits, it’s important to carefully consider the timing, tax implications, and long-term goals. Selling an investment property can provide immediate financial benefits however it is important to evaluate broader investment strategy and personal goals before making the decision.

How do I choose a real estate agent in Adelaide?

Choosing the right real estate agent is a crucial step whether you’re selling or buying property. The right agent can make the process smoother, help you achieve the best price, and offer valuable market insights. Effective communication is essential when choosing a real estate agent. They need to be responsive, approachable, and clear in their dealings with you. Reading reviews and testimonials is a great way to gauge how well an agent has worked with previous clients.

How to add the most value to your home before selling?

Adding value to your home before selling doesn’t always mean spending a fortune on renovations or upgrades. Often, small improvements like fresh paint, new fixtures, strategic staging, and decluttering can make a huge difference without breaking the bank and can make a significant impact on the sale price. The key is to balance cost-effective improvements with the return on investment they will bring.

How to manage an investment property?

Managing an investment property effectively is essential for maximising your returns and minimising potential risks. Whether you’re a first-time investor or an experienced landlord, good property management can ensure your property remains profitable, in good condition, and free of major hassles. Effectively managing an investment property involves understanding your legal obligations, selecting and retaining good tenants, maintaining the property, managing finances, and staying on top of market trends. Regular inspections, efficient rent collection, and good communication with tenants can ensure your investment remains profitable and trouble-free.

How to know the current market value of my property?

A professional property appraisal is one of the most accurate ways to determine the value of your property. The local property market heavily influences your property’s value. Factors like buyer demand, interest rates, and the overall economic environment can impact the market value of homes in your area. If you're planning to sell, consider consulting with a real estate agent to get a tailored estimate based on current market conditions.

Tips for buying a house at auction in Adelaide?

Buying a house at auction can be an exciting way to secure a property. Because auctions in South Australia are unconditional, you cannot make your offer contingent on financing. This means you must have your finances sorted before the auction. If you’re a first-time auction-goer, attending a few auctions (even if you’re not bidding) can help you get a feel for how they work. Staying calm and confident is essential for successful bidding.

Top tips for buying an investment property in South Australia?

Buying an investment property in South Australia can be a great way to build wealth, but it’s important to approach the process with care and strategy. South Australia has a unique real estate market, with opportunities in both Adelaide and regional areas. Before making any purchase, research is key to identifying the right investment opportunity. Knowing what you want to achieve from your investment will guide your property selection.

Advice for selling your South Australian property?

Selling your property in South Australia can be a great way to achieve financial goals, but to maximise your sale price and minimise stress, it’s important to approach the process strategically. The right preparation, marketing, and negotiation strategies can make a big difference.

Top 5 things to consider when buying a house in the current market?

Buying a house is always a significant decision, but in the current market, it's important to approach the process with a clear understanding of both opportunities and risks. Whether you're buying for the first time, upgrading, or investing, here are the top 5 things to consider when buying a house in today’s market:

1. Current interest rates and financing options

2. Market conditions

3. Property inspection and condition

4. Location, location, location

5. Future investment potential and resale value

By carefully evaluating these factors, you can make a more informed decision that aligns with both your personal needs and financial goals, leading to a successful and satisfying home purchase.