Questions to Ask a Real Estate Agent

Whether you’re buying your first home, considering an investment property, or looking at off the plan opportunities, asking the right questions can make all the difference. A good real estate agent should provide clear and honest answers that help you make informed decisions. Here are the key questions to ask.

Questions About the Property

• How long has the property been on the market?
• Have there been any offers so far?
• Why is the owner selling?
• Are there any known issues with the property, such as structural or pest problems?
• Has the property been renovated or extended, and were approvals obtained?
• What are the annual council rates and strata fees?

These questions help you understand the property’s history and any hidden costs.

Questions About Price and Value

• How was the asking price determined?
• What similar properties have recently sold in the area?
• Are there upcoming developments that may affect property values?
• Is the price negotiable, and what offers would be considered?

By asking these, you can assess whether the property is fairly priced and what future growth potential looks like.

Questions About the Neighbourhood

• What schools, shops, and public transport are nearby?
• What is the crime rate in the area?
• Are there major infrastructure projects planned?
• What is the local rental demand like?

Neighbourhood details can affect both your lifestyle and investment return.

Questions for Off the Plan Properties

• Who is the developer and what is their track record?
• What are the expected completion and settlement dates?
• What finishes, fittings, and appliances are included?
• Is there a sunset clause in the contract?
• How much flexibility is there for floor plan or design changes?

These questions ensure you know what you’re committing to and what happens if there are delays.

How Coposit Can Help

Even if you find the perfect property, saving the deposit can be a challenge. Coposit makes it easier by allowing buyers to secure a property with just $10,000 upfront. The rest of the deposit is paid in weekly instalments until settlement. This means you can move ahead with buying off the plan or newly listed properties sooner, without the stress of saving a large deposit all at once.

Questions About Investment Potential

• What are the current rental yields in this area?
• How quickly do properties usually rent out?
• Are there restrictions on renting the property, such as short-term leasing rules?
• What type of tenants are typically attracted to this area?

For investors, these answers provide a clearer picture of long-term returns.

Questions About the Buying Process

• What conditions should I include in my offer?
• How much deposit is required?
• What happens if my finance is delayed?
• Can you recommend a conveyancer or solicitor?

These practical details help you move smoothly from interest to settlement.

Asking the Right Questions Before You Buy

The more questions you ask, the more confident you’ll feel in your property decision. Whether you’re purchasing your first home, an investment, or an off the plan property, these questions ensure you understand the risks, benefits, and hidden details. With the support of tools like Coposit, you can focus on choosing the right property and move towards ownership with confidence.