Using a Buyer Agent
Purchasing a property, whether for personal use or as an investment, may be a stressful time for some people. You may like to gain an advantage by having your own advocate representing your interests throughout the purchasing process by using a Buyer Agent.
Before signing a Buyer Agency Agreement, you should ensure the Buyer Agent has explained the whole process to you so that you understand what is involved and what costs you can expect to incur.
Buyer Agents are licenced, independent agents who understand the complexities and processes of buying property and can make your process less stressful by providing objective information, advice and support.
A Buyer Agent can assist you in sourcing the correct property in the right location. A Buyer Agent may save you time by searching for and analysing property on your behalf, arranging inspections and negotiating to obtain the best price and terms. A buyer agent may also access databases and information not readily available to the public.
A buyer agent can eliminate the stress of dealing with several different selling agents.
When choosing a buyer agent, your choice comes down to whom you feel most comfortable with, as a good relationship is important in achieving a satisfactory outcome.
When choosing a buyer agent you should satisfy yourself of the following:
- Are they qualified and licenced
- Are they a member of REISA
- Are they sufficiently experienced
REISA prides itself on being instrumental in ensuring that the transfer of property remains a positive experience for both the real estate professional and you, the consumer.
REISA Members are committed to the highest professional standards of excellence, are bound by a strict code of practice, the ‘Real Estate Code’ which outlines the ethical duties and responsibilities of real estate agents and are encouraged to follow best practice and to be fair and reasonable in their agency practices.
To find a REISA member to help you buy a property, click here.