08
Part 08 of 12 · Consideration
What to Buy: Researching True Value and Finding Below Market Deals
The asking price tells you very little about what a property is worth. This guide shows you how to work out true value yourself with a comparable sales analysis, where below market opportunities really come from, and how to avoid the off the plan trap.
Inside this guide
- Why the asking price tells you very little, and how listings are priced and advertised
- A step by step comparable sales analysis, with worked examples
- Where below market deals come from, told through Eddie's own purchases
- How to build agent relationships that bring you off market opportunities
- How to choose a property type by the numbers, assess the property itself, and avoid the off the plan trap
- When a buyer's agent helps, and how to check one
Tools in this guide
Worksheet 1: Comparable sales analysis. Worksheet 2: Property Research Scorecard (each key must reach 10 of 15 to proceed; any red flag means stop and investigate).
Your next step
Score your next property before you offer. Use the scorecard and comparable sales worksheet on every property you consider. If you'd rather have help researching, sourcing and negotiating, you can learn how Dilleen Property's buyer's agency works.
Up next
Part 09 · Making the Purchase
Read Part 09 →
Buyer's agency
Prefer help with the research?
See how a buyer's agent can source and assess properties for you.
Learn about our buyer's agency →
On your reading path: Your library
General information only. Not financial, credit, tax or legal advice. Historical examples are not a reliable indicator of future results. See the important information inside the guide.