What To Expect From A Buyer’s Agent?
The process of buying a property can be one of the most stressful processes a buyer can go through….
If buyers are time poor, are geographically located away from the area they are buying in, or are seeking guidance or support in the buying process then a buyer’s agent might be worth considering.
Simply put, a buyer’s agent is to a buyer what a selling agent is to a vendor……
As a selling agent represents the needs of a vendor by creating a sales campaign & finding potential buyers; a buyer’s agent will represent the needs of the buyer and devise a search plan, and if needed to, bid at auction or place offers on behalf of the buyer.
Basically, it is their responsibility to take away the daily grind of searching for property and do the leg work.
They will regularly check online property databases and use their professional contacts to find the best options and they can attend inspections on the buyer’s behalf.
Importantly, they bring vital industry experience, expertise, market awareness, knowledge and a network of industry contacts which most buyers simply don’t have.
A buyer’s agent will be able to connect with their network of selling agents and potentially find properties not even publically listed yet. They may also be able to find unlisted holdings, and if the vendor is interested in selling that gives an opportunity to avoid going to auction or having to deal with negociating on the open market.
Each buyer’s agent offers different services but generally they will all do the following:
Now you know some of the benefits of employing a buyer’s agent to assist with the purchase of property. The next step is to research extensively to find the right agent for you! At Zippy Finance we work with many highly respected buyer’s agents. For more information on them please call us on 1300 855 022.
Comparison Rate calculated on a secured loan amount of $150,000 for a term of 25 years. WARNING: This Comparison Rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different Comparison Rate. Fees and Charges Apply. Terms and Conditions are available on request.