By using Rateseeker, you agree to our Cookie Policy.

  • New Loan
  • Refinance
  • Resources
    • Calculators
    • Blog
  • About Us
  • FAQs
  • Talk to an expert

Should I use a Buyers Agent?

Jay Anderson - Buyers Agent
by Jay Anderson
21/06/2019 in Guides

Should I use a Buyers Agent?

Whether you’re a first-timer, seasoned investor, a busy professional or looking to buy a family home, there are many benefits to using a Buyers Agent for your next purchase.

What is a Buyers Agent?

Unlike a traditional Real Estate agent who represents the seller and is engaged to sell a home for the highest possible price in the shortest amount of time. A Buyers Agent is a Real Estate professional who represents the Buyer and is enlisted to research, negotiate and secure a property in line with the client’s brief for the best possible price and terms.

What does a Buyers Agent do?

Buyers Agents manage the entire buying process, from researching markets, searching and shortlisting properties, evaluating and negotiating, introduction to trusted service providers such as Mortgage Brokers, Solicitors, Property Managers, Building & Pest Inspectors, Tradespeople and the list goes on.

The Buyers Agent is there to take the stress out of buying a property in addition to providing expert advice and knowledge to help you in securing a great property. Buyers Agents have their finger on the pulse, the experience and knowledge required in buying and researching and negotiating property. The thing about knowledge is that you don’t know what you don’t know. As Warren Buffet said,

Risk comes from not knowing what you are doing

Buyers Agents know what questions to ask and where to get the information required to make an informed decision.

Who uses a Buyers Agent?

Everyone from first home buyers right through to seasoned investors are using Buyers Agents. Whether you are feeling overwhelmed by the entire process of buying a property, frustrated on missing out on properties time and time again, time poor or simple acknowledge the value of using an expert in their field, then you should consider using a Buyers Agent.

What are the benefits of using a Buyers Agent?

  • Works exclusively on behalf of the buyer
  • Access to off-market opportunities that are not available to the general public
  • Expert in the field
  • Tailored investment strategy
  • Negotiates to achieve the best possible price & terms
  • Extensive market & suburb research
  • An experienced eye for identifying important due diligence
  • Access to a network of trusted services providers
  • Do not have a vested interest in any specific property or selling agent

How do buyers agent fees work?

Depending on the level of service that is used, the fee’s a Buyers Agent will charge will either be a fixed fee or a percentage of the purchase price. More often than not, the Buyer Agent’s own expertise will save the buyer more money on the purchase price than their fees. The buyer will also have saved literally dozens of hours of their own time and be more likely to have made a better decision on the property that they have purchased.

Buying a property is arguably the most valuable asset that most people will ever buy. So, it makes sense to have a professional representing a buyer. After all, we hire a professional to service our cars, we use a professional when we are ill, we hire a professional when building a house…

So why wouldn’t you also hire a professional when you are making one of the largest financial decisions of your life.

If you would like to find out more about the different services a Buyers Agent offers and have a free 1-hour consultation, please get in contact via details below.

Jay Anderson Property
Jay Anderson
0410 746 200
info@jayanderson.com.au
www.jayanderson.com.au

Share this article:

** 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.

Share this article:

Search the blog

Browse categories

  • Comparisons
  • Definitions
  • Guides
  • News
  • Tips & Hacks

More articles

  • Australian Property Market News - May

    Rateseeker Round-up: May Property News

  • How to negotiate like a pro

  • Home insurance: why you need it and how to pick the right provider

Ready to seek the right loan for you?

New Home Refinance

More articles

  • Australian Property Market News - May

    Rateseeker Round-up: May Property News

  • How to negotiate like a pro

  • Home insurance: why you need it and how to pick the right provider

Ready to seek the right loan for you?

New Home Refinance
X
Rateseeker Logo

Home Loans

  • Buy a New Home
  • Investment Home Loan
  • Refinance a Home Loan

Calculators

  • Loan Repayment Calculator
  • Borrowing Power Calculator
  • Budget Planner Calculator
  • Extra Repayment Calculator
  • Home Loan Offset Calculator
  • How Long To Repay Calculator
  • Income Tax Calculator
  • Loan Comparison Calculator
  • Property Buying Cost Calculator
  • Property Selling Cost Calculator
  • Savings Calculator
  • Stamp Duty Calculator

Frequently Asked Questions

  • Why is using Rateseeker free?
  • What to consider when buying?
  • What Is the FHOG?
  • How do I apply for the FHOG?
  • How much will I need for a deposit?
  • How much can I borrow?
  • Is fixed or variable interest better?
  • What is a pre-approval?
  • What is Refinancing?
  • Why do people refinance?
  • How much does it cost to refinance?
  • What is a Mortgage Registration Fee?
  • Do I need a lawyer or conveyancer?

Rateseeker

  • Our Story
  • Industry Insights
  • Meet The Team
  • Careers
  • Contact Us

Connect with us

  • Email: info@rateseeker.com.au
  • Phone: (02) 8006 8184
  • Address: Suite 704, Level 7, 171 Clarence St, Sydney NSW 2000
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • Credit Guide
  • Terms & Conditions
  • Disclaimer
  • Privacy Policy
  • Sitemap

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.

*2.34% Interest rate based on an Owner-Occupied, Principal and Interest, standard variable, minimum loan size of $250,000, maximum LVR of 80%, over a 25-year term. Eligibility is subject to servicing requirements, contact one of our specialised mortgage brokers for more information.

^2.36% Comparison rate based on a loan of $250,000 over a 25-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.

© 2022 Rateseeker Pty Ltd. All Rights Reserved ABN: 91 616 470 930 Australian Credit License: 501531

Made by AdVisible