My wife and I bought our first place at the end of 2019 after researching (and continuing to save) for a few years. We were thankful when we were able to buy somewhere and even more thankful that the process of buying a house was over.
Throughout the process I was struck by how biased everything was toward sellers and the real estate agents who represented them. Price guides were one of the most frustrating things because the sale price at auction was always higher than the price guide advertised, but on top of that were the hoops needed to jump through in order to even get information about a property. It felt like real estate agents held all the power.
Agents and sellers aside, we also found it tough to find properties that appealed to both my wife and I, and then to prioritise those inspections (which were often overlapping). Many times we'd return from the inspection having found a huge dealbreaker that was not disclosed in the listing, and feel that we'd wasted our time.
All up it feels like the system is broken on purpose, and I'm exploring ways to make life easier for buyers, possibly through some kind of online service, especially as the property market heats up again.
For anyone who is looking at buying a house right now (or who has bought a house recently), what are some of the biggest challenges you've faced throughout the process?
Also would love to hear any helpful solutions you've found in the comments. Thanks!