| Services
: Buyer Advocates BUYER ADVOCACY Most
buyers of property generally prefer to "do their own thing". Things
like researching the market,
studying the real estate Internet
sites, attending auctions, open houses and meeting agents at properties. Bidding
on your own behalf and negotiating the best price for yourself can be exciting,
rewarding and very satisfying. However, there are times when the assistance
of a qualified real estate agent, a buyers agent/buyers advocate may be very appropriate. You
may be "time poor, inexperienced, overseas of have a disability that limits
your inspection opportunities. What ever the reason, there is no doubt that for
some people an experienced buyer advocate is essential. Some
of the things you should expect from your buyers agent include: - Loyalty,
confidentially and impariality.
- Knowledge of the marketplace, people and
locational benefits.
- Experienced negotiator and/or an experienced
qualified auctioneer particularly if bidding at auction.
- Access
to current research, price guides, both sold and for sale.
- An intimate
knowledge of the paperwork.
- Access to quality insured builders,
surveyors, planners and other professionals.
- And vitally, not associated
with the selling agent!!
- Sensible, negotiated fees.
- Clarity, in
writing, of exactly what you receive for your money and when it is payable.
Levels
of Service The service levels required by buyers vary greatly. You may require
a needs analysis and extensive research, a full search and shortlist purchase
options. Or, you may have found "the property of your dreams" and it
is due to be auctioned this Saturday! Then you would engage a professional experienced
auctioneer to discuss tactics and bid on your behalf. Buyer agents may approach
specific owner/properties on your instruction. It is a legal
requirement that agents negotiate their fees before signing written instructions/engagement/
authority to purchase. A good buyers agent/advocate should save you time
and money, reduce stress and for a sensible affordable fee.
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