blog

Real estate hunter for a first-time buyer in need of support.

First-time homeowner

Found!Discover a search quickly conducted by Frédéric Girard, our apartment hunter specialized in Western Paris. Adeline is a first-time buyer, resolutely ready to make her first real estate purchase, but requiring the help and valuable advice of an expert...

Why buy a property in Paris?

Adeline is a young dynamic tenant who currently works in the Province and enjoys a certain ease of housing thanks to her company. Today, she plans to make her first real estate purchase in Paris: the idea being to find a property to rent, but likely to be used by her, in the event of a permanent transfer in the French capital.

How to start investing in rental properties as a first-time buyer?

Not being there to look for her rental investment, Adeline decided to call on a real estate hunter. Not to mention that, as a first-time buyer, she needed support on the qualities of the property to be purchased, the possible transformations to be made to it and on all the administrative procedures inherent in this purchase.

Why did the customer turn to HOME SELECT?

Following a strong recommendation from a member of her family, Adeline turned to the Home Select network! She made contact by telephone and arranged an appointment with Frédéric Girard in order to establish the outlines of her specifications.

How to reconcile an investment project with a more personal search?

Although Adeline worked in the provinces, her work regularly led her to come to Paris. On one of these occasions, she and Frédéric were able to define the search criteria: a 2-room apartment of at least 30m² in the 17th arrondissement. While talking with her client, our real estate hunter realized that she considered this rental investment as a wealth investment. In fact, the heart of the operation was not so much to do a business as to find an apartment with a charm. He therefore had to integrate the emotional dimension into this research. Attention, Adeline still needed assurance on the quality of the property!

What requirements did the specifications consist of?

At the end of this interview, Frédéric has clear specifications, without drastic imperatives on the research area. Given Adeline's budget, the vast territory of the 17th arrondissement offered great opportunities to find, but he had to focus on apartments with work or located on the ground floor/1st floor.

How did the customer feel about the first visits?

Immediately, Frédéric Girard called on his contacts specializing in products with high potential: in fact, to meet Adeline's requirements in terms of budget and square meters, it was necessary to focus on apartments with works or on a low floor. This data he had immediately explained to her during their first appointment, and was perfectly integrated by the customer. In order to conquer these “leftovers” products (second choice), Frédéric makes numerous pre-visits and also makes a lot of them with Adeline, each time she is in the capital. No visit elicits effects and offers...

Which apartment seemed to stand out from the crowd?

Frédéric continues his field work actively until he comes across an apartment that catches his attention... The property in question has suffered a lot of water damage in the bathroom, very visible, very scary for buyers. Our real estate hunter decided to dig deeper into the question: he discovered that this damage was covered by co-ownership insurance and its origin was clearly identified. In the end, although the effect may be impressive, there is nothing serious! Frédéric explains the situation to Adeline and encourages her to come and visit him.

Why was the property convincing?

Located in the 17th arrondissement of Paris, in the heart of the Épinettes district, the property offered exceptional services: a 1st floor with a magnificent shaded garden, with the 35m² required by the client. On paper, everything corresponded to the specifications; on the ground, the significant water damage on the first visit prevented Adeline from seeing all the qualities of the apartment...

How to overcome a real defect to seize the potential of the property?

After the initial apprehensions, Frédéric Girard played his role as advisor and explained the situation clearly to him: the water damage might seem significant, but it was entirely managed by the co-ownership, which was responsible for this condition. To reassure Adeline, he produced the documents attesting to his words, indicating that the work would be carried out by the building's insurance. Reassured, she was able to focus on the many assets of this apartment. Questioned, she decided to bring in her parents who validated her choice: the offer at the price was immediately accepted!

What adjustments have been made?

Regardless of the bathroom (completely refurbished by the co-ownership), Adeline entrusted improvement work to her father. As the distribution of the apartment was optimized, it was mainly a question of intervening on the layout of the property (floors, walls, ceilings).

A purchase that is simply impossible without a real estate hunter!

On this issue, Frédéric felt useful for more than one reason: the search for the property (taking into account the budget, the precise targeting of the neighborhood made it possible to find the rare pearl!) and advice support (reviewing documents to reassure your client about water damage). Without this, Adeline would never have been able to buy this property alone.

A happy customer to buy with confidence

Perfectly guided for this first purchase, Adeline is absolutely delighted with this collaboration: the property was also able to be rented immediately after the work.