Yellow Square’s Property Insights

In the intricate landscape of real estate, first-time buyers often find themselves lost in a maze of decisions and financial jargon. To shed light on this journey, My.Na Property sat down with Johanna Joseph, a seasoned professional from Yellow Square Properties, who shared valuable tips and insights for those embarking on their maiden property purchase.

Joseph emphasised the paramount importance of research for first-time buyers. "You need to know what your needs are," she advised, "and then approach the bank for a pre-approval to gauge your financial capacity." Stressing the significance of understanding additional costs beyond the property price, she highlighted factors like bond costs and ongoing rates and taxes.

"When you buy a house, you'll incur three main costs: transfer costs, bond costs and bank administrative fees," Joseph explained.

Breaking down these expenses, she highlighted the roles of conveyancers and bond attorneys in facilitating the property transfer process. For prospective buyers seeking clarity on these financial intricacies, Yellow Square Properties offers a convenient online cost calculator.



To-do lists

Turning the spotlight on aspiring real estate agents, Joseph underscored the virtues of honesty and diligence. "Your reputation and client relationships are the bedrock of this business," she advised. "Maintain integrity and deliver excellence, and referrals will naturally follow."

In the realm of property sales, Joseph also stressed the importance of presentation. "A well-maintained and clean house sells itself," she said.

She recommended pre-sale renovations and professional evaluations and outlined a strategic approach to maximising property attractiveness.

For tenants contemplating a move, Joseph outlined Yellow Square Properties' affordability calculation method based on a renter's income. With listings ranging from a three-bedroom house in Rocky Crest to a two-bedroom apartment, prospective tenants can explore options on various social media platforms or send them an email to [email protected]. Alternatively, clients can also check out their website for listings: www.yellowprop.com