Buyers Agents
I thought I’d talk a bit about buyers agents as I’m currently looking for one myself.
A buyers agent works on the side of the property purchaser rather than the seller. Typically buyers agents are former real estate agents. This is great especially for inexperienced investors when out purchasing their first investment property as buyers agents do a whole heap of research on your behalf that could save you from making a costly mistake. They also know all the tricks of the trade that Real Estate agents can employ against you. This could save you thousands of dollars at negotiating time.
Reasons to use a Buyers Agent:
- Your looking at buying in an area your not familiar with or Interstate
- Access to the whole market, not just properties listed with a particular agency
- Property investment knowledge
- Time. They save you time
- Market research. Using the best research tools available to give you the best information, Residex predictions, REIQ sales data, Matusik snapshot, Midwood Report, PDS LIVE property sales database and others.
- Security and peace of mind in the knowledge that you have a trained property professional on your side.
To help you locate a buyers agent in the area you are looking to buy, realestate.com.au has a buyers agent section.