WHAT IS A BUYER’S AGENT?
Buyers’ Agents are licensed professionals that represent Property Buyers, Investors and Developers in purchasing Residential and Commercial/Industrial Property.A Buyers’ Agent specializes in SEARCHING, EVALUATING and NEGOTIATING the best possible property purchase/lease price on behalf of our clients. The key difference between a Buyers’ Agent and a Selling Agent is WHO THEY REPRESENT.
A Buyers’ Agent works exclusively for the Buyer/Lessee, whereas the Real Estate (Selling/Leasing) Agent works for the Vendor (Seller)/Landlord (Lessor).
In Australia buyer’s agent by law cannot act for and accept a commission/fee from both parties in the transaction
MOST Buyers’ Agents OFFER at least (2) Levels of Service:
The Full Search Service, whereby the buyer’s agent actively searches the market and shortlists properties meeting the specific criteria of the client and then evaluates and negotiates on the property selected.
Undertaking Price Negotiation or Auction
Bidding ONLY SERVICE: This is where the client
finds the property and engages the
buyers’ agent to evaluate a Private Treaty or Bid at Auction.
Using a Buyers’ Agent to purchase property is becoming more widespread throughout Australia as Investors and Home Buyers understand the BENEFITS they provide. A professional Buyers’ Agent can provide you with the knowledge you need to make an informed decision about the value of a property without the sales “HYPE” often generated by sales agents.
Many think that using the Services of a Buyers’ Agent is too expensive. This is not the case. Buyers’ Agents can SAVE you Money, Time, and Stress, whatever your Budget. In most cases, they will SAVE you the Fee and provide a whole lot of BENEFITS.
Buyers’ Agents can give you the Upper Hand by their understanding of the Auction Process, Bidding TACTICS and by Not Being emotionally involved in the Auction or NEGOTIATION PROCESS.
For Investor, the Buyers’ Agent Fees are “TAX DEDUCTIBLE”.
Buyers’ Agents generally charge an ENGAGEMENT FEE before they begin the search. The FEES are either a FLAT FEE or a PERCENTAGE of the property purchase price.
An important question to ask a Buyers’ Agent is whether they are truly “EXCLUSIVE” or INDEPENDENT”. This is critically important.
If Buyers’ Agents represent the interests of the Seller/Lessor or Developer in anyway or earns a commission from the Seller/Lessor or Developer, then they cannot be classified as neither “EXCLUSIVE” nor “INDEPENDENT” and MUST BE AVOIDED.
Why you should use a Buyers’ Agent
* ELIMINATE the Stress and Frustration of being shown INAPPROPRIATE and UNSUITABLE properties by selling/leasing agents that do not listen to the Buyers/Lessees NEEDS.
* GAIN access to a wider choice of properties sometimes not advertised via the buyers CONTACTS and NETWORK of Real Estate Agents known to the Buyer’s Agent.
* HAVE an INDEPENDENT Professional Buyers’ Agent working on your side.
* LEVERAGE your time: Instead of searching the newspapers and internets every day or weekend, have your Buyers Agent to do the hard work, short listing SUITABLE PROPERTIES.
* SOURCE the right type of property in locations with good prospects for Capital Growth/Yield.
* USE a Professional Negotiator to obtain the LOWEST Possible Purchase/Lease Price.
BUYERS’ AGENTS will endeavour to make sure you do not pay too much for the Property you are seeking to buy, so that you can make an informed choice.
If you choose a LICENSED, PROFESSIONAL BUYERS’ AGENT, the saving you make on your property purchase could potentially save you many dollars and suddenly reduce stressful elements in the property purchase process.
WHO BENEFITS from Our Services?
PEOPLE with limited experience in purchasing a property
OVERSEAS, interstate & regional BUYERS who are unable to physically look at properties
TIME poor executives, working couples or families
PROPERTY investors
PEOPLE seeking confidentiality
BUYERS not wanting to deal directly with selling agents
THE bargain hunter
PEOPLE intimidated by auctions
Please feel free to Contact Pro Real Estate Buyers Agent to discuss your PROPERTY NEEDS. We are more than HAPPY to answer any questions you may have during the purchase or leasing process.
To assist us in providing a Buyer’s Agent fee to act on your behalf, complete our Property Wishlist with your personal requirements and we will be in touch with you within 1 business working day.
If you have a question call us on 0418 206 007