Frequently Asked Questions

Frequently
Asked
Questions

Why buy real estate off-market?

According to the Australian Bureau of Statistics, As of December 2020, the total property stock in Australia was 10,600,000* with only 361,000* sold, equating to 4% of the total properties, Artis unlocks the other 96%* given you the opportunity to contact and discuss a potential purchase with the owner of the property you want, not limited to what is currently listed, making sure you don’t miss out.

What about the agent? Do I need an agent?

Some owners may prefer the familiarity of using a real estate agent, however real estate agents are not mandatory for a property sale. Artis allows owners to create a free profile for their property which is discoverable by all Artis users.

If someone makes an offer on my place will Artis contact me?

Yes, at Artis we make it our mission to ensure expressions of interest reach the correct person, however, to ensure all expressions are received you will need to create an Artis account and profile for your property.

What if I don’t want to be contacted?

You can opt to have your property “Blacklisted” at any time. By blacklisting your property, any enquiries in your property will not be passed on. Likewise, you can unblock your property at any time.

What happens to my data, can people see my personal detail?

No. All Personal details collected when an account is created is for internal use only. Visible details are limited to Username and Property particulars. Artis does not give out any details of either party, all discussions occur via our secure in-app messaging function, with disclosure of details between parties at their own discretion.

If someone makes an offer on my place how do I start negotiating?

The owner reserves the right to decline the offer or any future offers by opting out. If the owner is interested, the negotiations are done via our in-app messaging. If the owner and buyer agree, an inspection is recommended between the two parties. If after the inspection the sale proceeds, then parties will need to contact the conveyor or solicitor to read the contracts and finalise the sale.

How do I make an offer?

Once you have found a property you like, select the Express Interest feature. The offer is sent to the
owner of the property, which reserves the right the commence or decline the communication.

once the owner accepts the communication, both parties are free to discuss features and sales prices.

We recommend the prospective buyers submits a conditional offer. This ‘conditional offer’ will be made pending inspection and approval. This offer will include your offer price and readiness to buy, pending inspection and approvals.

Someone made an offer on my place. What now?

What about building reports?

If the owner accepts the proposal, we strongly recommend you visit the property in person to ensure it is as per your expectation and engage a professional to get a Pest and Building report.

What about contracts?

All offers on Artis will be made pending, financial and contract approval as per standard sales. As it is the prospective buyer commencing the process, generally the contract is not written.

However real estate sales contract laws differ state to state, and some states require a contract of sale is written prior to advertising a property for sale, so we recommend you reference the resources page on our website to check the requirements for your state.

Is Artis a Real Estate Agency?

Artis is not a Real Estate Agency. Artis is a Peer-to-Peer communication platform bespoke for real estate. Artis is designed to facilitate intuitive uploading of properties, easy property searching and secure communication between owners and buyers.

At present we do not offer appraisals, conduct inspection, or handle deposits.

We allow the owner to manage the process for greater transparency.

How do I know what a property is worth?

Artis uniquely allows the owners and buyers to set their price. Owners and buyers may have an expectation of a particular properties price, and there are numerous online price estimate tools and website, though we recommend you obtain a valuation or appraisal from a professional valuer to ensure satisfaction.