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You may think this is just an increased cost to buying property, however a good buyers agent should save you money. That’s right, SAVE you money! Any fees charged as part of the service will ultimately be recovered through the savings. A buyer agents (or buyers advocate) will negotiate on your behalf with the goal of securing the ideal property for less money.
A buyer’s agent or buyers advocate is a professional property buyer who searches for, conducts due dilligence and negotiates the purchase of a clients ideal property based on their preferences and goals.
Listing agents act on behalf of the home seller (or vendor) by promoting and negotiating the sale of their property. A buyer’s agent will only advocate in the interests of the buyer.
A buyer’s agent will find, assess and shortlist suitable properties for their clients based on their criteria. Their expert knowledge means they are able to find quality real estate by understanding key aspects such as easements and zoning restrictions. A good buyers agent will have a high degree of understanding on what makes a good quality property and what doesn’t. They provide varying levels of service, however they generally coordinate and manage the buying process from start to finish.
Absolutely! A buyer’s agent or buyer’s advocate’s purpose is to negotiate well and get some insider information on how the property sale is progressing. A buyer’s agent will give you factual information and help prevent you from making an emotional and potentially costly purchase. A buyer’s advocate will work with the buyer and the selling agent to negotiate the best price and terms in order to secure a property.
A buyer’s agent is compensated by the buyer, usually with a fixed contract before the commence searching for the right property.
Vision Property Buyer’s uses a fixed price or set fee model rather than a percentage of the purchase price.
Vision Property Buyer’s uses a fixed price or set fee model rather than a percentage of the purchase price.
If you are planning on living in the home – No.
However if it is an investment property there may be some options avaliable to you. This is where you need to contact your investment-savvy accountant and look at the options for your own personal circumstances.
Arrange a meeting with them and look for an agent who gives you the impression they operate solely on ethical practices. Buying real estate is expensive and you need to be confident that you can trust your buyer’s agent (or buyer’s advocate) to ensure they are acting in your best interests.
Yes. A buyer’s agent requires a registration certificate at a minimum. If the buyer’s agent is operating independently as the principal, they require a full real estate licence. As a buyer you should ask for evidence of this.
Not sure what you need for your property journey?
Check out our services and find the right solution for you.
Full Service Buyers Agent
We can provide you with a comprehensive, full service real estate solution consisting of by assisting clients in the full property buying process ensuring a seamless and stress-free experience for the buyer.
Negotiations & Analysis
We provide expert negotiation and thorough analysis services, guiding clients through every step of the buying process to achieve optimal outcomes and favorable deals.
Seller Advocacy
We can act as a trusted advocate for sellers, representing their interests throughout the sales process, fromReal Estate Agent vetting to negotiations and closing, ensuring the best possible results.