Real estate hunter: a customer wants to both rent his property and occupy it

Found!Discover research conducted quickly by Sophie Ithurbide, ourApartment hunter Paris 16th. If, at the beginning, Patrick is primarily looking for a rental investment, he wants to be able to project himself and offer his son a foothold in a few years. Our property researcher must therefore take up the challenge of attracting both future tenants and the family of her buyer...

How to reconcile investment and savings for children?

Patrick is a man who lives in Boulogne and is looking to invest in a property, To rent it out. His idea was to acquire a Parisian home and, later, to offer a roof to his 3-year-old son, when he was old enough to become independent.

Why ask for the expertise of a real estate hunter?

But, as the CEO of a bank, his responsibilities leave him with only shortly to go in search of its location. Not to mention that he wants To be accompanied for this acquisition.

What qualities of the HOME SELECT real estate hunter convinced Frédéric?

From the first request, our apartment hunter, Frédéric Girard, immediately organized an appointment at Patrick's workplace. A responsiveness that he greatly appreciated. During this meeting, it appeared that there were still many points to be clarified, for the future purchaser, before launching a search. It was therefore agreed that Patrick would call back 3 months later, which he did not fail to do, on the date indicated.

How to reconcile the objectives of an investment while planning to live in the apartment?

On the exclusive search mandate, the criteria for this rental investment were as follows: a 2-room apartment of at least 45m², with no renovation required, beautiful common areas, in a somewhat lively neighborhood, with no particular geographical preference, for a budget of €650,000. Although it was clearly a financial investment, Patrick still wanted to be able to project himself. For this, it was best to move towards high standing properties, with a building of beautiful character.

How did the first visit refine the search?

Following the definition of the search criteria, Frédéric Girard chose to contact his colleague Sophie Ithurbide, Home Select specialist in the 16th arrondissement. With a relatively comfortable budget, our real estate hunter primarily turned to rather luxurious properties that could be rented as is. During Sophie's first visit, carried out with Patrick's whole family, the apartment — although located on Boulevard Haussmann — did not convince: it proved to be too dark. Our property researcher therefore took the opportunity to refine your search criteria, while appreciating the responsiveness of its buyers, who are definitely ready to buy.

What criteria blocked the purchaser during the various visits?

After presenting and then eliminating some properties, via the Home Select application and following some inconclusive pre-visits, Sophie Ithurbide turned to her network, which was able to offer her an “off-market” apartment. Beautifully located on Rue Saint Dominique, this property offered great benefits, with impeccable common areas, for a price of €14,000 per m². Presented to Patrick, the latter started a negotiation that unfortunately did not succeed. The real estate agency, owner of the walls, had finally decided to keep it, to better sell it later. Our apartment researcher goes on the hunt again, to find out A new apartment on Washington Street near Patrick's work, on the Champs-Élysées. Offered by an agency that makes a lot of rentals, this property perfectly met Patrick's criteria. But during the visit, the latter explains to him that the facade of the building does not suit him and the common areas are not luxurious enough. Sophie then understood that this criterion was essential: she therefore decided to focus her action on apartments in the 16th arrondissement, whose entrances were, in most cases, both spacious and made of marble.

How did the real estate hunter sense the right opportunity?

Focusing more on her client's requests, Sophie then discovers An ad that catches his attention: an apartment completely renovated by an architect, with a magnificent view of the Bois de Boulogne and Rolland Garros. With a surface area of 52m², it is very well exposed and offers beautiful common areas, for a budget of 575,000 euros. Full of hope, our real estate hunter organizes a visit with Patrick: immediately, she feels (like him) that this choice may be the right one. He stays in each room for a long time, soaking up the place, making his mark...

What were the advantages of the apartment?

Close to its main residence, in Boulogne, the property is located on Boulevard Exelmans, in the 16th arrondissement. A situation that allows him to perfectly combine her wishes for a rental and a future home for her son. Not to mention that it is a safe neighborhood, for which he will have no difficulty in finding tenants: on this subject, Sophie explains to him that if the rent is capped, Patrick can ask for the additional 20%, for the exceptional view that he proposes. Finally, with a price of €10,000 per m², it is a reasonable purchase, which is fully in line with market requirements.

What was the buying process?

After the first visit was over, he lingered in the area, asking the neighbours questions. Quickly, he visited again with his family and Frédéric Girard: everyone is convinced by the services of this apartment. A unanimous seduction, which encourages Patrick to take the plunge and write an offer at the price, countersigned by the seller, just 24 hours later. In the end, the case did not take more than a month of effort!

Was the apartment ready to be rented?

As requested in its initial criteria, the selected apartment does not need renovation or decoration work. For a time, Patrick considered putting it to his liking, but Sophie talked him out of it: For a rental investment, it was absolutely perfect!

The role of an apartment hunter in a complex mission

Sophie Ithurbide particularly liked this research: her client, who was both very available and very respectful, needed her skills! She felt useful — both in research and in providing advice.

A solid link between the purchaser and HOME SELECT

A few days before the authentic signature, Patrick is as enthusiastic as ever when he talks about his purchase and does not hide his satisfaction with his collaboration with Home Select — and, more particularly, with Sophie.