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Astute East Brisbane's Finance Insights

Drawing on his industry experience, Tony Duncan shares his thoughts on industry changes, home loan requirements and a number of important areas to consider when planning your first home purchase or your next property investment. 

  • Writer's pictureSteve Dart

Why Selling Requires a Mortgage Broker: Your Key to Success this Spring Selling Season

Updated: Mar 13

Spring has arrived, and with it, the real estate market is buzzing with activity. If you're considering selling your home, you might wonder, "Why do I need a mortgage broker?" The truth is, whether you're upsizing or downsizing, a mortgage broker is your secret weapon for a successful sale. In this post, we'll explore why a good broker is a must for a seller.


Most People Are Selling to Purchase


Most homeowners who decide to sell their property are often doing so to purchase a new one. This creates a cascading effect, where the sale of your current home is intrinsically linked to the purchase of your next. Understanding this financial link is vital. It's not just about finding a buyer; it's about ensuring you receive the right price to afford your next dream property.


A skilled mortgage broker will play a crucial role in this process. At Asute East Brisbane, we are experts in evaluating your financial situation, defining your goals, and untangling the intricacies of real estate transactions. We can clarify how much you must sell your property to achieve your desired purchasing power.

Spring in Brisbane brings out the buyers and 2023 seems to be no different.


Streamlining the Upsize or Downsize Transition


Whether you're looking to upgrade to a larger home to accommodate a growing family or downsize to a more manageable space, a mortgage broker can make the transition seamless. These transitions come with unique financial considerations, such as determining how to finance a larger property or optimising your finances for a smaller one.


Mortgage brokers specialise in customising your financial strategy to match your unique goals. We can help you find a great interest rate , determine your borrowing capacity, and secure a loan that aligns perfectly with your property transition plans.


A Recent Success Story


A client was recently referred to the astute East Brisbane office. They were looking to downsize their large owner-occupied property but were unable to obtain finance approval from their existing lender.

Upon their broker reviewing the situation, the team at Astute were able to present an alternative lender solution that allowed the client to successfully bid and fund the new purchase. At the same time, they prepared for the sale and settlement of their existing property.

The key to the success here was in connecting with a broker before the sale or purchase. This story is proof again that it pays to plan ahead.



Spring selling season is a key time for house sales in Brisbane.

In conclusion, selling your home is not merely a transaction; it's a journey toward your next property. To navigate this journey successfully, you need a mortgage broker in your corner. We help you understand your financial needs, secure the right loan, and ensure a smooth transition to your new home.


As we embrace the spring selling season, remember that selling requires a mortgage broker. We're here to support you in achieving your real estate aspirations and making your transition seamless.



If you’d like to know more about securing finance pre-approval for your property search or you’d like to know if the pre-approval you have might need to be reviewed please reach out and we’d be pleased to have a discussion. If you’d like to get started on working with us, please compete the enquiry form below and one of our team members will be in touch.


Disclaimer:


Astute Financial Management Pty Ltd | ACN 093 587 010 | Australian Credit Licence 364253 | Davgan Insurance & Wealth Pty. Ltd. T/As Astute East Brisbane Corporate Authorised Representative (425641) of Alliance Wealth Pty Ltd | ABN 93 161 647 007 | AFSL 449221. www.centrepointalliance.com.au/aw | General Insurance provided by Astute Insurance Pty Ltd | ABN 59 622 582 236 | Authorised Representative of Ausure Pty Ltd ABN 94 096 971 854 AFSL 238433. Health Insurance products are underwritten by St Luke’s Medical and Hospital Benefits Association ACN 009 479 618 (St.LukesHealth), a registered private health insurer, [trading as Astute Simplicity Health] and members are introduced by Astute Financial Management Pty Ltd or related entities (collectively known as Astute) for which Astute receives a commission.


General Advice Warning:


This communication contains general information only and in no way constitutes the provision of professional advice, nor should it be relied on as a substitute for financial, credit, accounting, legal or other professional advice. We have not taken into account your financial situation, investment objectives or particular needs. Before making an investment or financial decision, a person must seek appropriate independent professional advice and also consider whether this information is appropriate to their needs, objectives and circumstances. The author as well as their representatives, agents and employees give no guarantees and make no representations, express or implied, as to the accuracy, currency, completeness or suitability of the information contained in this document. Nor do they accept any liability whatsoever as a result of any information herein being incorrect, incomplete or unsuitable or as a result of a person in any way using or relying on the information herein.

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