Independent Buyers Agents – Why You Need One
Buying your home or investment property is a major experience that brings excitement, pleasure, stress, pride and fear. It is often a complicated process that can take up to 12 months, and can involve a lot of money. It is easy to make mistakes that can cost you thousands and can delay your purchase by a year or more.
Independent Buyers Agents Melbourne Here also known as Property Buyer Advocates, are licensed real estate agents who specialise in searching for, assessing and negotiating the purchase of real estate on behalf of their clients (home or investment buyers). They have extensive local knowledge, established networks, research systems and are strong negotiators.
Independent Buyers Agents in Melbourne: Your Guide to Property Success
A reputable independent buyer’s agent will have many years of industry experience and credible references. They should be members of REBAA and REIV to ensure that they are licenced and adhere to a professional code of conduct.
Depending on the services you require, buyers’ advocates can charge a flat fee or a percentage of the purchase price. This fee is a consideration for the time, expertise, market knowledge, research and established networks that they provide to their clients. Buyers can also choose to have an independent buyers’ agent assist with just one aspect of the buying process – such as auction bidding. This option can be particularly helpful if you are uncomfortable or unable to attend public open homes or private sales, or if you’re a first home buyer or downsizer who doesn’t have the time to visit properties or negotiate with selling agents on your own.