Purchasing Science
Read Time: 3 minutes
There is a science to buying property, whether it be your home or an investment property, each come with different emotional attachments. At Milk Chocolate, we work with our clients to make rational purchasing decisions that are backed by comprehensive data, experience, and information.
Our purchasing science is based on the following steps:
Education
We educate our clients on the Australian property market, giving them the real facts. Our information comes from hundreds of past and present data sources.
Research
We work with a property data scientist that is constantly monitoring the Australian property market from a macro to micro level. The data is then compared to past data which enables us to study property patterns and trends.
Local Knowledge
We work with professional service teams in each state from mortgage brokers, conveyancers, builders, town planners, insurance and real estate professionals to ensure we have intimate knowledge of each area and can act quickly to secure properties. Any region, suburb or property presented has also been personally inspected by us.
Analysis
When we present recommend regions, suburbs, and properties we provide a full data analysis on infrastructure, transport, schools, amenities and town planning information to name a few. Each property is also presented with a full cash flow analysis and financial feasibility study.
Renovation
Some people find it very difficult to visualise what a property could become, included in our service fee is an interior design consultation so you can see how the property could look after some minor improvements or a structural renovation. Any property that we recommend requiring cosmetic or structural improvements is presented with a full cost analysis to undertake those works and the estimated equity return and increased rental yield derived from the capital improvements.
Portfolio Growth
We don’t say goodbye once the purchase is made, we continually work with our clients on steps to continue building their property portfolios.
Technology
We build bespoke platforms that are specifically designed to give all the information needed to make an informed purchasing decision. We also use technology to directly target properties that aren’t yet on the market, opening up off-market opportunities. We are constantly looking at global markets and working with our development team on what new platforms, tools, and technologies we can bring to our business for better customer information and experiences.
Design
We present information back to our clients in a highly designed, yet simple manner, to make the information easy to understand and relevant.
Milk Chocolate was founded seven years ago by Richie Ragel and Michael Cleary, to purchase residential and commercial property in Australia on behalf of our clients, looking for a home or investment property. To see how we can help you get in touch here.
Thanks, Michael
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Disclaimer: All data and information provided on this site is for informational purposes only. Milk Chocolate makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.