Buying a home can be an emotional rollercoaster. Despite a great feeling of satisfaction when we succeed in purchasing a property, we can often feel sapped of time, money and energy.
With Real Estate Agents negotiating and fighting for the seller, many homebuyers are left feeling as though the odds are against them in the real estate world.
However, what many home buyers don’t realise is that there are agents willing to work for them too.
A buyer’s agent/advocate is the opposite of a selling agent, working for home buyers. Their job is to help buyers find the right property for their needs, at the right price, on the right terms and with unbiased advice. They are licensed real estate agents that specialise in searching, evaluating and negotiating.
Buyer’s agents usually charge a registration and success fee, but when a dream property has been successfully negotiated and purchased on your behalf, it is often well worth it especially if you are short of time.
Using a Buyer’s Agent could help you to:
- With extensive experience and knowledge of the market, a Buyer’s Agent knows what’s out there.
- Buying a home or investment property is a daunting process and can often leave us feeling stressed out and exhausted. A buyer’s agent’s job is to make the house buying process as easy as possible.
- Spending all day Saturday viewing properties is never fun. Using a buyers’ agent will save you time and give you back your weekends.
Increase your options
- Buyer’s agents come with a number of industry contacts and access to “off market sales” that you may never find out about.
Level the playing field
- Sellers have selling agents on their side, now you have a buyer’s agent on your side!
Remember that not all Buyers’ Agents are the same. It can be prudent to ask them the following questions before engaging their services:
- Are you a fully licensed real estate agent?
- Do you specialise in the location and price range I am looking at?
- Are you a member of the state REIA?
- Are you professional indemnity insurance compliant with current legislation and professional association requirements.
- Are you a dedicated buyers’ agent?
If they can answer each of these questions with a simple yes, then you may have just discovered your house hunting secret weapon!