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.
** 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.