YOUR PROPERTY ENTREPRENEUR PARTNER
Buyer’s agents work and represent the buyer, unlike a real estate agent who represents the seller or better known as the vendor. Seller’s usually hire real estate agents to help negotiate the best possible price for them, which means the buyer is essentially being squeezed out of the most money as possible. This is where hiring a buyer’s agent can come in handy as they will help you get the best deal possible on your next property purchase.
A Buyers Agent through industry experience and networks established have greater experience, access to more data, and information that results in benefits that are passed on to their clients ensuring you make a well informed and educated decision. They are in the market everyday, negotiating and purchasing property, so they are naturally going to be experts at the whole buying process.
Buyer’s agent have a BIG network – many properties that get sold don’t even go on the open market as many owners don’t want the hassle of a series of open houses, prefer to be private or are simply in a rush to sell. As buyer’s agents are always in close contact with real estate agents and are purchasing properties consistently, they get to sometimes hear of properties for sale before they go to market.
Real estate agents are sometimes accused of failing to reveal the full story to everyday property buyers, leaving out details here and there that could potentially defect a sale. When they’re dealing with a professional buyer’s agent, however, there’s a good chance they could end up working together down the track, so they may be more forthcoming with information as a professional courtesy.
They eliminate emotion – Buyer’s agents are being engaged to find you a good investment that will perform and that means they have to focus on numbers and logic only. This leads them to make a more informed, logical financial decision rather than the emotional ones that most other buyers make, especially when purchasing a owner occupied residence.
Buyer’s agents take the time to inspect properties day in day out. Imagine inspecting 100 properties to only begin educating yourself on the local market and to finally have to put an offer in on one. Most people are too time-poor to put aside their weekends to inspect 3-4 properties for the next 6 months, as by that time who knows where the market will end up being! Many people get exhausted at looking at so many properties and end up just buying anything to get the deal done. Unfortunately many people over pay or buy lemons this way and can end up being a financial disaster. Buyer’s agents are in the market everyday and can make an informed, logical decision without feeling pressured.
It’s a long term investment. Paying a small fee for expert advice from professionals who have done the work and achieved the success before makes sense. It is almost like a form of insurance knowing that you are making the right decision and avoiding costly mistakes that can take potentially 10-20 years to rectify. Making money from day one is crucial in property investing as this will help you leverage your dollar further and faster.
Isn’t it time you hired a professional buyers agent to save you time and money to help you start your journey in property entrepreneurship?