Cutting corners in the property market can lead to costly mistakes for both buyers and sellers, according to experts. Sellers who opt to list off-market might save on upfront costs but risk losing out on significantly higher sale prices. Similarly, skipping home staging can be a false economy, with styled properties often attracting more buyers and higher offers.
For buyers, neglecting Pest and Building or Strata reports can lead to unexpected expenses. Investing in thorough inspections not only uncovers potential issues but can also provide leverage for price negotiations. Experts recommend using trusted inspectors, asking detailed questions, and ensuring all findings are addressed in contracts to avoid hidden costs later.