Many people these days have very little time in their busy lives to go to endless home opens after work or on weekends, the average property buyers spend over 300 hours searching for a property to buy and even longer.
Just as you would expect a Selling Agent to represent your interests when you are selling a property, a Buyers’ Agent only represents the best interests of Property Buyer’s.
One of the main reasons to only use a Buyers’ Agency that is a member of REBAA is all the professional checks have been done for you, so you will have piece of mind that you are in excellent hands.
They will fully understand your needs and goals as well as your budget when selecting an investment or your next home, and prepare a brief relative to these requirements. This means that the Buyers’ Agent has a good working knowledge of your expectations and should be able to deliver accordingly. If your expectations are unrealistic, a good Buyers’ Agent will tell you this politely and will explain why and discuss the reason then give you suggestions which will help to set you on the right path.
The Buyers’ Agent you choice should be willing to give you advice and guidance on the property market before you engage them. In QLD a Form 22a with the terms and conditions of the appointment should be completed before representing you.
A good Buyers’ Agent should be an excellent communicator.
Buyers Agents are trained negotiator and not only will they negotiate on the price but the condition and the special conditions. This will ensure you buy the right property at the best possible price with the contract written in your favor not the sellers. Of course you will be consulted during this period, but won’t have to front the negotiations for yourself.
Buyers’ Agents/ Buyers Agencies should not list properties for sale nor should they receive money from seller when they are buying property. Buyers Agents/ Buyers Agencies should be paid by the buyer, most Buyers Agenciescharge an Engagement /Registration Fee on commencement and a Professional Success Fee payable once the contract is unconditional.
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