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Property Search 4U

Our ideal client

Our ideal client

Our ideal client is someone who enjoys their Saturday morning catching up on the weekend news and social media while getting their car washed i.e., they believe in outsourcing, not because they can’t do it themselves, but because they:

  • recognise they do not have the up-to-date market knowledge;
  • do not possess the necessary expertise in this particular field;
  • are unable to be emotionally detached when selecting a property;
  • could make a costly decision in the long run;
  • are better off using their time to be productive at what they are good at or simply enjoy their down-time.

On a lighter note, the ideal client would say, “If you think it’s expensive to hire a professional, wait until you do it yourself”.

The acquisition budget of our ideal client has no bearing on the suitability of our service to their needs.

What is the definition of a “non-ideal client” I hear you ask?

  • “How much do you charge” is their opening line instead of asking “How can you help me?”.
  • Someone that asks for a discounted fee before finding out the benefits of a specialist’s service.
Average full-Service break-down – dependent on client’s specificationsPS4U’s man hours

Stage 1: Post service engagement

 
Agree on property specifications5
Identify properties for sale: private, silent and foreclosures20
Evaluate suitability of properties to specifications15
SUB-TOTAL40

Stage 2: Pre-buy

 
Assess and inspect all suitable properties35
Conduct market analysis including gross yield for investment properties40
Submit a detailed short-list of suitable properties20
Arrange for and accompany client to “private” and “open for” inspections25
Perform market analysis of selected property (s)17
Assist with strata, building and pest inspections as instructed2
Submit progress report 11
SUB-TOTAL140

Stage 3: Buy

 
Negotiate the best price, terms and conditions25
Bid at auction if that is the sale method of the selected property4
Conduct exchange of contract1
SUB-TOTAL30

Stage 4: Post-buy

 
Conduct pre-settlement inspection and collect/deliver keys2
Assist with the appointment of service providers2
Submit final report 24
SUB-TOTAL8
TOTAL218
No. of “5 day” man-weeks44
Stage 1: Post service engagement18.3%
Stage 2: Pre-buy64.2%
Stage 3: Buy13.8%
Stage 4: Post-buy3.7%
Total100%