Why use a buyers agent

September 3, 2019 |
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Avoid the pitfalls of buying property

Buying a property is a huge investment and a complicated process.
Here are some property buying traps to avoid.

Not being fully across what’s available.

To really know what’s out there takes time, experience and industry connections. Buyers agents are among the first to know about hot new properties, even off-market properties, which puts you ahead of the pack.

Paying more than you should.

Buyers agent assess the property, the locality and the market to know exactly what a property is worth. They use industry knowledge and experience to spot the bargains and find properties with potential, while sidestepping the money-traps.

Getting emotionally involved.

Loving a property too much leaves you open to spending too much. A buyers agent will keep the balance right between passion for a property and good business sense.

Not having the time to do it properly.

It’s time consuming to scan property ads, go to inspections, carefully assess the worth of the property, think about finance, deal with agents and go to auctions. And you might have to do all this for more than one property at a time. A buyers agent can do all this for you

Giving up because it’s too stressful.

Dealing with agents, solicitors, building inspectors and other third parties can be overwhelming enough. Then there’s the negotiating and attending auctions.

Property buying doesn’t have to be stressful and time consuming.

No stone left unturned

As soon as you appoint your buyers agent, you become part of a clear and professionally developed process that delivers results.

They will discuss your needs with you.

Whether you’re an owner-occupier or investor, we make sure we understand exactly what it is you’re after and offer advice that could secure your dream purchase even faster.

Track down properties.

They proactively seek out properties that fit your criteria by scanning all real estate media, alerting real estate agents in target areas and making direct approaches to property owners.

Inspect suitable properties.

They inspect all the properties that meet your criteria, keeping you updated with progress as often as you want them to.

Present you with a shortlist of properties.

The shortlist has insights and recommendations about each property they think is worth your while looking at. You can then choose which properties you’d like to see and they will organise the inspections for you.

Proceed to purchase or identify more properties.

If you see a property you like, they will pursue the sale on your behalf. Otherwise, they will continue looking for your perfect property. This is an organic process. So your shortlist is constantly evolving, updated with the latest market information and always matching your needs.

Have everything done for you

It’s great finding a property you want to buy. It’s also the start of a delicate process of negotiation and engagement. A buyers agent takes the pressure off and will create a strategy that gets you the property you want at the right price.

Create a price negotiation strategy whether the property is for sale by private treaty or up for auction

Address any legal requirements, co-ordinate due diligence reports and property inspections, keeping you constantly informed

Lead the offer and counter offer process or be the proxy bidder at the auction

Engage with agents, solicitors and any other parties in the process, ensuring all legal requirements are met and to your best advantage

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