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
0410 746 200
** 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.