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Wednesday, December 5, 2007

House viewing (2)

Viewed a 4-room flat at Kim Keat earlier.

It was a nice flat with just the design that I liked! It had walk-in wardrobe..*slurp drip saliva*, open concept kitchen and mirror-ed wall. The house would possibly require little renovation - just replaster some cabinets and sides of wall and divider to dark brown (it's now light brown), maybe re-do the bathrooms and add a side cabinet in the master bedroom.

The owner's asking price was $330K and the agent was confident of reducing it to $318K. The valuation was not ready yet, this showed how confident the owner was. I mean what happened if the valuation were to be below their asking price?

However, the down sides were:
(1) 2nd floor (but if higher floor price would be higher liao)
(2) facing main road which is expressway
(3) 18 years flat
(4) knocked off 1 bedroom - so master bedroom is big but only left 1 other room (this one got pros and cons la)

2 other interested parties came to view the house while we were there. 1 was brought by another agent who wanted to co-broke with my agent. The other was my agent's client.

For this deal, my agent would be both the buyer and seller's agent. Maybe people would think hmm...'agent don't know siding with who ah'...then again it all boiled down to trust lor..if he sided with 1 party he would possible lose the other party and he won't be able to close the deal. So why would he want to take sides right?

Of course buyers and sellers must have some knowledge on buying / selling houses lor.. do a little bit of homework so won't feel so insecure!!

Oh btw, we went la kopi with my agent after that and his other client sms to offer $312K. Haha..we'll see how it goes...

Anyone needs an agent? I can recommend this friend.

Well...viewing more houses on Thursday...

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