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The current property market has high demand and low supply, leaving many buyers ready and willing but unable to make a purchase.
To assist these buyers, 1st Street Home Loans collaborated with Andrew Cooley from Cooley Auctions and Simon Cohen from Cohen Handler Buyer’s Agents to put on an informative home buyers seminar.
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Over 100 prospective buyers attended the seminar to find out more about the buying process, from how to arrange a home loan, to the benefits of using a buyer’s agent, to understanding the auction and bidding process.
As 1st Street currently has many pre-approved clients, we felt it was worthwhile to provide them with further knowledge to improve their chances of purchasing a property. The seminar was a success, with attendees giving lots of good feedback.
It was a win-win for the seminar presenters, as we were able to further solidify relationships with potential clients and many clients went on to successfully purchase properties. For some clients, having a greater understanding of the auction process meant they could bid more strategically and confidently, resulting in them winning auctions. Other clients decided to use the services of a buyer’s agent, and they have successfully purchased properties despite the limited number available.
For brokers with a high volume of pre-approved clients, it is worth taking the time to assist them for their own benefit and to keep the brokerage processing loans. Whether it’s one-on-one or in a group session, clients appreciate it when brokers take extra time for them and go the extra mile.
