Paris 14th apartment hunter for a new family home

Found!

Discover research conducted quickly by Gaëlle Loheac. Already owners, Richard and Martine have a budget, which is apparently substantial, to find a larger property. From meeting the couple's requirements to the imperative consistency of the price per m², the search will prove to be more difficult than expected for our expert. However, the conclusion of this case is more than positive!

Already owners, why did Richard and Martine want to change apartments?

Richard and Martine live in Paris with their two children. Owners of their current home, they want to move, to find a slightly larger apartment, with three bedrooms and a larger living room. To secure the search and give themselves time to find, they prefer to buy first before selling, even if it means taking a bridging loan. Recognizing the advantages of their current apartment, Richard and Martine knew that they would have no difficulty finding new owners.

Beyond the lack of time, why did they need help?

Initially, they filed their application with a few real estate agencies: they therefore saw some properties, but none were able to catch their attention. Having both frequent business trips, whether in France or abroad, they could not boost their research. To give themselves the means to find, they needed an expert person, to carry out the selection and the pre-visits.

Why did Richard and Martine choose HOME SELECT?

Richard and Martine wanted a versatile person, present on all types of media (agencies, advertisements, Notaries real estate...) and on different sectors to select the most interesting properties. Finally, they were also looking for an advisor — whether to carry out the negotiation or to better appreciate the time for reflection and possibly position themselves on a property.

With these arguments well in mind, Richard contacted Home Select, via the form on the site: an approach immediately followed by telephone by Gaëlle Loheac, available and perfectly meeting the couple's criteria. From the first contact, she explained to them how Home Select works, how she works and the fees applied. Then, she asked them if they had a loan certificate to ensure the solidity of their financing. Based on all this initial information, and thanks to the quality of these first exchanges, they agreed to an appointment, at home, to organize the next steps...

What exactly did the couple want?

On the agreed date, Gaëlle goes to Richard and Martine's house, to have the mandate mentioned on the phone signed and to deepen the criteria of their search: a bright and quiet apartment, of at least 80 m², with at least 3 bedrooms (one for the parents and one for each child) and a living room of around 30 m². The property must be located in a human-sized condominium, in an old building or building dating from the 90s. Ideally, the couple wants to avoid the opposite sides, the ground floor or the 1^Er floor. In terms of budget, Richard and Martine have a very rational approach to their acquisition: they want a coherent price per m², even if it means doing work, for a maximum amount of 1 million euros. Finally, the search area extends over 9^E Arrondissement, the 12^E (central part), the 14^E, the 15^E And the 18^E Arrondissement of Paris

How do the first visits take place?

Gaëlle organizes a first visit in the 18th^E arrondissement: a duplex that meets all the criteria, but requires some work for its upper part. Unfortunately, Martine is not attracted to the neighborhood. A second visit, in the 12th^E arrondissement, will arouse reflection, but, its situation on the first floor will block the couple, who then confides to Gaëlle that at 2^E Upstairs, they would certainly have bought the apartment... During a third visit, carried out in the 15^E Arrondissement, almost everything is there, but you had to be able to project yourself, to create a third bedroom and move the kitchen into the current living room: a difficult exercise that will prevent them from positioning themselves on this property. At each visit, Gaëlle prioritized the starting criteria, determining in particular the essential elements.

Why was Gaëlle interested in an “old” announcement?

During her daily review of real estate ads, Gaëlle discovered a property that she had already spotted a few weeks earlier: while the initial price was part of the couple's budget, the price per m² was not consistent in presenting it to Richard and Martine. Today, with this new drop, she decides to call the agency in charge of the file.

What did the famous apartment look like?

The property includes a well-maintained condominium (little more, the renovation of the courtyard has already been voted on, so it will be borne by the seller!) Of the 14^E district, Pernety sector. It is located in a quiet street, perpendicular to a major shopping street: its geographical location is optimal since three minutes from the first shops, it remains protected from the associated noise. At 2^E This floor does not have an elevator, it is crossing (one side facing the courtyard, the other on a quiet street) and has large windows and a balcony that extends over the entire surface of the apartment. If it does not yet have the 3 required bedrooms, with a 45 m² living room, simply install a partition to create one, while maintaining the couple's requirements, for the living room. Not to mention that by means of a door, now condemned, that they can easily reopen, they can offer access to the room from the entrance. The apartment also requires a complete renovation.

How did Richard and Martine position themselves?

Following Gaëlle's pre-visit, our real estate hunter discusses with his clients, highlights to them the full potential of the property, and the high probability of a negotiation, taking into account the sales history and the work to be planned. Two days later, the couple falls in love: it's exactly what they want! All that remains is to negotiate the price to make it more consistent per m²...

After talking to the real estate agent, Gaëlle learned that the current owner was having trouble lowering the price. Despite everything and on Gaëlle's advice, the couple decided to make an offer of €70,000 below the price expected by the owner. A proposal that is balanced in relation to the market.

Immediately, the real estate agent announces that it will be complicated, but Gaëlle knows that the couple will not make intermediate offers: in other words, it passes or it breaks! At the same time, our apartment hunter tries to influence the decision, by drawing up a whole range of favourable arguments for the agent. The saleswoman will wait for the proposal to expire, to finally accept!

How did they assess the work to be done?

Three entrepreneurs came to provide estimates on the apartment: Richard and Martine want to remove the carpet on the floor, to favor the parquet floor below, and they want to recreate a shower room in the current laundry room, which already has drains. After choosing the professional recommended by Home Select, they gave him the keys: everything went well and on time!

“Total trust for a serene research climate”

Richard and Martine are very friendly: having immediately placed their trust in Gaëlle, our apartment hunter was able to move forward calmly in this search. The main difficulty in this case was to have the three large bedrooms in 80 m² (surface area often maximum within the allotted budget) without sacrificing the size of the living room. Or, failing that, find a property with a coherent plan to be able to create the third bedroom... And the challenge has been met!

“The dream apartment, without changing the children at school: what more could you ask for? ”

Richard and Martine are very happy with this collaboration. And the icing on the cake: this new apartment is 10 minutes away from their old property! So children don't have to change schools!