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Real estate hunter for a first-time buyer subject to sale under sealed cover

sale under sealed envelope

Found!Discover a search conducted quickly by our specialized apartment hunter in Paris North East Center. First-time buyer, Flora had to submit to a sealed sale: a particular procedure, for which Caroline's role was preponderant and Flora's responsiveness was decisive.

What is Flora looking for for her first real estate purchase?

Flora is an independent young woman who, as part of her professional activity, carries out various missions in and outside Paris. Today, his rental on the 1st floor no longer suits him at all! So, even if she is not fixed geographically, she is actively looking for a 3-room apartment with potential, to make her first real estate purchase.

Why does she want to rely on an apartment hunter?

Going from mission to mission, Flora does not have the time or the necessary reactivity to search for an apartment: she therefore entrusted this task to Caroline Dumoulin, one of our Home Select experts.

Why choose the HOME SELECT network?

A contact, motivated by a visibly serious website with rave reviews. And reinforced by a very professional first telephone exchange with Caroline. Quickly, the search warrant was signed and the first appointment made, in a café in the Flora neighborhood.

What neighborhoods did Flora envision in the search mandate?

During this meeting, our apartment hunter tried to get Flora to talk, to find out her requirements and tastes. The young woman is looking for a beautiful volume, very bright, in a friendly and dynamic neighborhood, rather young and adapted to her lifestyle. Ideally in the 9th, 10th and 11th districts of Paris. An expert in interior design, she wants to put her stamp on it and plans to do work there for a total budget of 550,000€.

What search channels has our apartment hunter activated?

Flora's professional profile indicates, to our apartment hunter, that she will probably be more demanding than average. On the other hand, its projection capacity will be much better. Armed with this information, Caroline Dumoulin, specialized in coveted neighborhoods, activates her network in the field. At the same time, it launches Internet alerts on new property listings.

From visit to visit, did the research become more precise for Caroline?

If Flora does not have enough time to make the visits, she is very reactive in the evening, to discuss and help Caroline refine the criteria and better target the search. Our apartment hunter thus carries out pre-visits, sends reports, with photos, presenting the advantages and disadvantages of each property. Naturally, in some very popular sectors, Flora had to move quickly, after the announcement was issued. But every time, it wasn't “crush”...

Why was Caroline's network crucial for Flora?

While Caroline was contacting an agency to organize a visit to an apartment, she learned that it had already been sold. Our real estate hunter insists on the advantages of Flora's case (in particular its excellent financing), to obtain “preview” offers... Visibly convinced, the real estate agent then offers her another apartment in the same building, which is not yet on the market. A property offering the same services as the one that prompted Caroline's call, the difference being simply that it was located on the 5th floor, instead of the 3rd!

What is the property that aroused her crush?

Located in the 11th arrondissement of Paris, in a neighborhood in full renewal, with a lot of young people, the building offers pleasant common areas and co-ownership. As for the 65 m² apartment, it has a large living room, with 2 bedrooms, a kitchen and a small balcony. Cross-crossing, it is also very bright, which largely contributed to Flora's decision!

With a sealed sale, how did Caroline coach her client?

Although the services of this apartment were impeccable, the acquisition procedure was a bit particular: the sale was carried out under sealed envelope. In other words, the procedure is organized by a judicial administrator, who communicates to potential buyers the starting price, namely €510,000. The latter are then invited to formalize their offer in an envelope, the most important designating the purchaser of the property. Note that this way of proceeding involves meeting a certain number of prerequisites — namely, no suspensive clause and a cashier's check, not to mention the documents to be provided on the opening day. These are all elements that Flora could meet, provided she positioned herself very quickly, which she did. To formulate her proposal, Caroline and her client met to discuss the price: the idea was to make the most of her budget, while being reasonable. All without having any indication of the other profiles in the race. It was only on D-day, at the judicial administrator's office, that they discovered that they were only 2 potential buyers left: each party was waiting impatiently for the envelopes to be opened. The bailiff starts by indicating the smallest offer and from then on, Flora understands that she “won” the apartment! At around €4,000! For a total of 524,500€, it is offering itself a great opportunity, for a very consistent price for the sector.

Did Flora do any work?

With an initial budget of €550,000, Flora can do work to “put her stamp on it”: with this envelope, she wants to redo the bathroom, the electricity and a general overhaul.

A relationship based on trust!

In a sealed sale procedure, the responsibility of the apartment hunter is very much involved. Not to mention that as a first-time buyer, Flora needed advice and support in order to move forward quickly, but calmly. Fortunately, the relationship was immediately based on trust!

Kindness, enthusiasm and availability!

Slightly anxious at the beginning of her research, Flora welcomes Caroline's “kindness, availability and enthusiasm”, which contributed to making this purchase a pleasant moment. A great adventure, rich in emotions!