Keep an eye out for significant undervalued properties. If the purchase price seems too good to be true, it probably is! We will do our best to review every ad before it is published on the site, but this will not be 100% foolproof!
Prepare some question about the property to ask the seller to help verify that they are genuine and that the property is as described
Don’t provide the seller with any of your personal information like your driver’s license or banking information
Request the details of the sellers solicitor or conveyancer, do some research to see if they are a legitimate business, then contact them directly to verify the seller and the property listing
If the seller seems suspicious, please contact us through the ‘Contact Us’ section of the website so we can do some due diligence to determine if the ad is legitimate
When inspecting the property, consider the following:
Take at least two friends or family members with you to the property site;
Look out for a ‘Properfy.com.au’ Advertising signboard at the front of the property. Although this is not compulsory to list on our site, if the seller invests in the option, it will give you confidence that the ad has been placed by the owner of the property. You can verify the ‘Listing Number’ on the sign with the property ad;
Request a copy of the section 32 or sale contract off the seller, which can also be verified with the solicitor or conveyancer;
It may be a good idea to do a land title search on the property, to confirm the property and owner details with the sale contract/section 32;
Do your research on the approximate value of the property before you begin negotiation. The most common is to check sale prices in the area and there are many sites that supply this information to the public. If you can find 10 properties in the area that have sold within the past 6 months and are a similar house/block size, this will give you a really good indication of what the home is worth.
When paying the seller
Don’t make any payments directly to the seller. This should be made to your legal representatives trust account, who will deal with the seller’s solicitor or conveyancers on your behalf, once they have been independently verified. They will be able to advise you on who the cheques will need to be made out to and the disbursement details of the funds.
Ensure you get a receipt off the legal representative after making a deposit, with the date, time and property title details
Never send cash in the mail
Check our security updates regularly for important information
For addition hints and tips for buying a property, please sign up for your free account today and refer to the
Help for home buyers section of the site.
The information is of a general nature only and does not consider your unique situation. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content.