Buying a new home or an investment property can be an overwhelming experience, and for most people it is difficult to know where to start. If you are in this situation, a property buying service might be the answer to your problem so that you end up with the property you want without all the hassles of haggling with vendors.
As most of us know, real estate agents have the difficult task of juggling the interests of both the vendor and the purchasers at the same time. And sometimes it’s difficult to know whether your dream property is really a great buy.
Having a dedicated buying agent who represents your exclusive interests in purchasing can be a great way to ensure you are fully informed and that you end up buying smartly. At the same time, they can save you heaps of valuable time and can take away the worry of negotiations.
Buyer agents can help you find your perfect home, negotiate with agents on your behalf, bid for you at auctions, provide an independent assessment of available property, assist you through the whole legal process and help coordinate the purchasing process from start to finish.
THE BENEFITS OF HAVING A BUYING AGENT
– They act exclusively on your behalf.
– It saves you valuable time.
– It gives you access to all properties which meet your requirements.
– It saves you unnecessary stress of the negotiations by negotiating for you.
– They organise all of the necessary reports, such as surveys, pest and building inspections.
– They save you money on the purchase by making sure you know all the facts relating to the property.
TIPS FOR CHOOSING THE RIGHT BUYING AGENT
Check their qualifications Your buyer agent should have had extensive experience as a real estate agent and as a buyer’s agent. Make sure they are fully licensed real estate agents, are certified practising valuers and are members of the Real Estate Buyers Agents Association of Australia.
How long have they been in business? Your agent must have experience in handling real estate agents. So make sure you check out their track record. How many transactions have they made throughout the year? A good start is to check out client references.
Local knowledge Check out what price range and what geographical area they work in to ensure they have the knowledge and experience in the area where you want to purchase.
Fees and charges Find out if they charge a standard fee or a percentage of the purchase price.