Frequently Asked Questions – Buyer’s Agent Services

Buying an investment property is one of the major decisions and getting this right each time and every time is very important.

Making the wrong choice could mean walking backwards in the property investment journey. Hence hiring a good buyer’s agent reduces the risk of buying an underperforming property.

Buyer’s agents, also known as buyer’s advocates, are licensed professionals that specialise in searching, price evaluation and performing property due diligence on behalf of the buyer.

Who is the Buyer’s Agent services are for?

* Aren’t sure what type of property to buy

* Don’t have time to do their own research

* Don’t know where to buy to achieve strong capital growth

* Don’t know how much to pay

* Have bought a property which did not perform previously

* Want to get it right the first time

Who pays a buyer’s agent?

In a nominal real estate transaction, the seller pays the commission to an agent and hence the selling agent works in the best interest of the vendor. As the buyer’s agent is working in the best interest of the buyer’s agents are paid a fee by the people who employ them.

What markets do you cover?

We provide our service nationally. Based on the client strategy discussion could be capital cities plus or regional locations.

What does the buyer’s agent do?

Buyer’s agent’s source property for their clients from the open marketplace and off-market (property that is for sale yet not advertised) based on the client requirements and strategy. Followed by due diligence with respect to suburb growth prospects, Property and assist in negotiating price based on the comparable within that market.

Is it necessary to hire a buyer’s agent?

You may need one if you would like to be absolutely certain that you’re buying an investment-grade property. As we have access to tools like dsr.data.com, core logic reports and other paid and industry subscriptions enabling access to the right data.

Secondly, if you’re time poor or would prefer to get this job done by a professional removes the guesswork in every stage of property purchase.

How much does a buyer’s agent cost?

Not every buyer agent has the same processes, procedures and mythology. Hence checking their processes and procedures end-to-end is crucial to decide whether to engage that buyers agent. The devil is the detail.

Having said that our charge is very reasonable with the industry standards. The reason being we’re a boutique service provider and like to help families/individuals to build property portfolio to achieve their objectives.

What kind of properties?

For our clients, we highly recommend looking at detached dwellings only.

What can a buyer’s agent do that I can’t do on my own?

The most important thing is that a buyer’s agent won’t have the same emotions and inexperience that most buyers have. A buyer’s agent brings a level head and good solid property knowledge. A good buyer’s agent will be able to qualify what’s a good property fast and will have the ability to narrow on the right property and not buy a lemon.

Do you guarantee you will find me a property?

Yes – as long as your buyers brief is realistic. The search also continues until the perfect property has been found.

Is there a minimum budget?

We can find properties starting from $475,000 but however, we would recommend looking at proprieties priced at a minimum of $600,000 and above for better asset performance.

Are you also a Real Estate Agent as well?

Yes, I am a real estate agent as well when it comes to apartments in Sydney. Having said that I do advocate that buying an apartment from an investment perspective may be very optimal but that is more so for first home buyer’s who do not qualify to buy a house in Sydney due to the deposit or serviceability challenges.

As per the legislation, I can act in the capacity of either a real estate agent or buyer’s agent in any given transaction. Hence all disclosures will be made with clients depending on what services they would like to engage me.

How do I get started?

You can call 0470 467 709 to schedule a property requirement discussion with Naveen to see are we both the right fit for each other to work in achieving your property goals.

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