As mentioned many months ago in Finger On The Pulse, from 1 July 2018 and new opportunity is available to downsizers who sell their home. If over 65 years of age and have lived in the property for a decade, they will be able to contribute $300,000 of the proceeds, per person, into a super fund.
James Kirby of The Australian had written a good summary of the plusses and minuses in a recent article, (below) which I urge any intending downsizers to read.
Strategic Buyers Agents has assisted many downsizers over the last 6 years, using our well-honed and understanding process.
Email [email protected] and we will send you our Vendor Advocacy Info Sheet, as per our steps below.
- We email you Info Sheet on Vendors Advocacy, our fee-free service to assist those who have not sold for a long time, to get the maximum cash out from the sale of their home.
- If you wish, a meeting to discuss the move, on a no-obligation/no fee basis, how Vendor Advocacy works, and to discuss how the selling and buying of homes can be co-ordinated.
- Appointment as your Vendor Advocate to get the right agent appointed and monitoring of the whole sale process.
- At the right time, appointment as your Buyers Agent to get the right next home, in the right suburb, to suit your lifestyle requirements. A co-ordination between the sale and purchase is critical to avoid the cost and inconvenience of a double move.
Here is an example of our co-ordinated Vendor Advocacy/Buyers Agent service:
Mr. M contacted us about selling to downsize to a more comfortable, modern and easy-meantime home. We met with him a couple of times, shortlisted two selected real estate agents to inspect the property, reviewed their submissions, negotiated the best deal, and had one appointed. The property was successfully auctioned, and I immediately went into buying mode. I purchased just what the client wanted, at a much lower value than the sale, in his target suburb, and arranged with him a relaxed changeover. He bought new furniture and is enjoying his new easy-care home.