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Hi you guys things are looking good so far just nerve wrecking and very scared…..question….the person that sells the apartments before they are finished the preconstruction….does that person need to be a realtor or broker or can it just be anyone that has experience in this? I dont know if this is a clear question let me know thanks
the owner can do it or a real estate agent can do it. make sure they know how to sell ‘off the plan’ as they all say they can and they all believe they are legends at it… talk to some of the developers in the area and see what they are doing. You don’t want to get to settlement after having locked a contract in for 18++ months only to find your water tight contract has sunk.
having said that, you need to help the REA by preparing proper preliminary strata forms, disclosure statements, unit entitlements etc, as your REA should be considered one of your key team members – not just some overpaid guy you will worry about later on – as lockign in your sale price is one of the biggest variables in the whole equation. the bank may insist on presales anyway if you do not have a track record in development.
http://www.megainvestments.com.auExtensive list of ‘Off The Plan’ property available for sale in Perth.
John – 0419 198 856
[biggrin]Thanks John
Hey John….does that person make 3% or 6%
