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7 Reasons to Work with a Buyer’s Agent

brady-yoshia
by Brady Marcs
27/04/2022 in Tips & Hacks

7 Reasons to Work with a Buyer’s Agent

Whether you’re a first home buyer, downsizing, or an investor looking to build your portfolio, a buyer’s agent can help you secure the ideal property for your needs. 

A buyer’s agent specialises in helping buyers identify and research the best properties in a certain area, based on their needs and preferences. The agent can also support the buyer in carrying out extensive evaluations of the property, including an appraisal and market value, and even negotiate or bid at auction on their behalf.

If you’re time-poor, a first-time buyer, or need assistance finding the perfect home that checks all the boxes, you may benefit from the services and expertise of a buyer’s agent. Here are seven great reasons why you should work with a buyer’s agent to purchase your next property.

1. Get access to all of the properties available on the market

Thanks to their extensive networks and experience in the industry, a buyer’s agent is thoroughly well-connected to all of the opportunities available on the market. When you work with a buyer’s agent, you’re putting those connections to work for your advantage,

On top of having access to all of the current properties listed for sale, a buyer’s agent also has access to unadvertised properties, such as those that are off-market or pre-market. This means you’ll often get exclusive access to a property before others and beat out the bidders to secure your dream home.

2. They look after your interests

Unlike a real estate agent that represents the seller, a buyer’s agent is there solely to represent the buyer. They’re in your corner throughout the property search, and will always ensure that your interests are represented and that your voice is heard during negotiations.

Moreover, a buyer’s agent provides you with a valuable objective opinion on properties you may be looking at. They’ll be able to advise whether the property is overpriced and point out any considerations you may need to take into account before reaching a final decision.

3. You’ll achieve the best purchase price

One of the biggest fears that buyers have is overpaying for a property due to high levels of competition or inflated property valuations. A buyer’s agent eliminates this concern, ensuring that buyers get exceptional value for money when making the biggest purchase of their lives.

A buyer’s agent has strong negotiating skills that have been honed after years of experience in the industry. With their negotiating power, you can buy with confidence knowing that you have secured the best purchase price possible. In fact, in some cases, buyers agents have been known to help buyers save up to 10% of the purchase price.

4. They represent you at auction

The crowded Australian home auction market shows no signs of cooling down, with thousands of homes being sold under the hammer since the beginning of the year. Navigating the ins and outs of property auctions is almost inevitable in 2022; however, the majority of buyers still find bidding at auction day to be a challenging and daunting experience.

When you work with a buyer’s agent, it removes the emotion and potential feelings of discomfort from bidding at auction. They will participate in the auction on your behalf, bidding on your desired property or even negotiating with the seller to secure a pre-auction sale.

5. A valuable resource for people who are time-poor

Every buyer understands the pain of trawling through pages upon pages of real estate ads to find the perfect home, only to then spend the entire weekend visiting open homes and attending auctions. A buyer’s agent provides you with the most important gift of all: more time to spend doing the things that matter to you.

Your agent will listen to your needs, then formulate a customized strategy based on your requirements to achieve your property goals. Plus, they’ll do all the legwork for you including sourcing, researching and due diligence – saving you valuable time while securing the best deal for you and your family.

6. A discreet option for those who want privacy

As you peruse different properties for sale and attend open homes, you’ll inevitably find yourself giving away your contact details to countless agents. Over time, you may get inundated with calls about a property you visited but weren’t interested in, or find yourself on mailing lists for property round-ups that you never signed up for. 

When you work with a buyer’s agent, you’re also ensuring privacy and a single point of contact throughout the buying process. An agent will liaise with selling agents on your behalf, so you enjoy peace of mind knowing that your information is safe. 

7. Benefit from local knowledge and expertise

You may be looking to purchase your first home in a different suburb from the one you’re living in now or wish to invest in a high-growth area that you’re unfamiliar with. Rather than risk purchasing a property on an unsuitable street or area, a buyer’s agent will provide you with insider tips on the best areas to buy, based on their local knowledge.

Beyond this, a buyer’s agent will also visit these locations for you — removing any geographical challenges of going to see properties that may be further away or that may be inaccessible if you’re living interstate.

Looking to purchase a home? Brady Marcs Buyers Advisory is an independent Buyers Agency that focuses on exceeding expectations on service and final outcome.

Read more about their services and view a selection of success stories here, or book a complimentary consultation today by clicking this link.

Alicia Buck
Phone: 0407 295 689
Email: alicia@bradymarcs.com.au
Instagram: @aliciabuck_buyersadvisor

Brady Yoshia
Phone: 0414 805 305
Email: brady@bradymarcs.com.au
Instagram: @buy_with_brady

Website: https://www.bradymarcs.com.au/ 

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** General Advice Warning

The information provided on this website is general in nature only and it does not take into account your personal needs or circumstances into consideration. Before acting on any advice, you should consider whether the information is appropriate to your needs and where appropriate, seek professional advice in relation to legal, financial, taxation, mortgage or other advice.

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Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn’t take into account any product features or any applicable fees.

*5.29% Interest rate based on an Owner-Occupied, Principal and Interest, standard variable, minimum loan size of $500,000, maximum LVR of 80%, over a 30-year term. Eligibility is subject to servicing requirements, contact one of our specialised mortgage brokers for more information.

^5.30% Comparison rate based on a loan of $500,000 over a 30-year term. WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

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