Frequently Asked Questions
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Prosper Group is a true independent property buyers agent that works in the best interests of you – the buyer. We do not sell property and are not paid any fees or commissions by the vendor, real-estate agent, builders or developers. We source properties from across the whole market and not from any one source or agent in particular. Our focus is on finding you the best property.
Reviewing the details of hundreds of properties each week and then physically inspecting those short listed enables us to effectively cover the market and find you the best property. Our many industry contacts also alert us to suitable properties before they even list on the open market, allowing us “preview access”. We know what to look for and where to look and because we are doing this full time, we are able look at enough properties to find the right one for you. Having preview and direct access to the best properties provides you with an advantage over other buyers and allows you to secure your ideal property faster, saving you time and eliminating all the stress.
You secure a better quality property in a shorter space of time and at the best possible price. We leave no stone unturned in our search for your property, inspecting and short listing suitable properties on your behalf until the right one is found. In addition to providing you with “preview access” to properties in front of other buyers, saving you money, time and stress, you also have the peace of mind knowing that you will not be buying the wrong property because, if there are any problems or issues with a property, we will find them. Having found a suitable property, we use our expert negotiation skills to make sure that you will be acquiring the property at the best price. We regularly save our clients at least the cost of our fee in the price negotiated off the purchase price and in many instances much more.
We have an extensive network of over 500 industry contacts including real estate agents, builders, developers, architects, surveyors and inspectors and we work with all these people on a daily basis to obtain the details of properties before or as soon as they come on to the market allowing us to secure the right property before other buyers. We also approach vendors direct to buy their property on behalf of our clients.
What if I have already found a property that I like, can Prosper Group still help me?
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Yes. We provide a “negotiation only” service. This includes the usual due diligence in respect of the property that you wish to purchase along with negotiating the price and terms of the purchase in accordance with your instructions. This service is especially beneficial to those that have the time to source their own property however, wish to retain their anonymity throughout the process or for those who are not sure how to achieve the best possible purchase price and also importantly, secure the property in front of other interested buyers.
Can Prosper Group negotiate a better deal than I could myself?
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Statistically the majority of purchasers pay up to 10% more for a property than the price that had originally set for it. Many purchasers also miss out on properties due to them not having enough information or time to evaluate the property and make a confident offer. Through our superior knowledge of the market, access to comprehensive data and research, relationships with professionals in the industry and our expert negotiation skills, we have a successful track record of negotiating the best deal possible for our clients. This includes negotiating the best possible purchase price along with the most favourable terms for our clients. Unless you are very experienced in buying property, have the time and access to all the data and research and have superior negotiation skills you would benefit from having us negotiate for you.
What do you mean by a due diligence report?
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Our due diligence report is a comprehensive checklist of specific items that are checked and addressed before you purchase a property. The report identifies any issues or problems with the property, street or area that you are buying in. In some cases this may identify that the property is not worth proceeding with. In others, it may allow us to re-negotiate the purchase price.
How is Prosper Group different to other buyers agents?
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The team at Prosper Group has had many years of experience buying real estate as well as previous roles as sales agents (so we know how they think and all their tricks). Our true advantage though is our teams collective combination of professional backgrounds, which as well as real estate, also includes; structural engineering, property law, property finance and financial planning as well as leasing, property development and renovation. At Prosper Group we work as a team, you always have at least two people working for you at any time and the whole team provide their professional input and advice where necessary which reduces your risk and provides you with the best options.
Our professionalism and expertise are why we include some of Australia’s most recognisable names and brands as our clients. We are the buyers agent of choice for the Australian Medical Association’s (NSW & QLD) members and look after many other busy and professional people.
Through our professionalism, exceptional service and dedication to all our clients, we ensure that the process of purchasing and owning property is as effortless and enjoyable as possible. See what some of our clients have to say about us. Client Testimonials
How do you charge for your services?
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At Prosper Group we provide a tailored quote for the work that you need us to do; that means that we sit down with you to fully understand your brief and based on this we provide an appropriate fee proposal.
We charge a small commencement fee and a success fee. The success fee depends upon the nature of the work required and is only payable upon settlement of your property. The commencement fee is refundable within the first 30 days if for any reason you are not satisfied with the work that is being done or the properties that we are short-listing for your review. See our money back Our Guarantee.
So effectively if we don’t perform we do not get paid – sound fair?
For more information or for a tailored quote, please call us on 1300 664 373 or email enquiries@prospergroup.com.au
How do your fees and terms compare in the market place for the service provided?
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With Prosper Group you are not locked in to a minimum contract term nor are our contracts exclusive and we offer a no questions asked money back Guarantee. Our success fee is based upon your individual requirements. Our clients tell us that we are great value for money and are competitively priced in the market place.