Buyer’s Agent Melbourne | How to Tell if a Property is Right for You
Why Hiring a Property Buyers Agent is a Good Idea
Cohen Handler
Buyers advocate: The inner suburbs of Victoria are among the most desirable real estate locations in Australia, attracting people from all over the world. Whether commercial or residential, every property is marketed by a seller’s agent, ensuring the best price possible. So why doesn’t every buyer have an agent to secure the best price on their behalf?
When you decide it’s time for you to purchase a new property, it’s a good idea to hire a buyers agent. Enlisting the help of an expert from the beginning means that you’ll have the freedom to enjoy the experience of home buying, without all of the unnecessary bells and whistles. An agent will be able to use their knowledge and expertise to source only the most relevant properties for your needs, so you won’t be wasting any time viewing unsuitable potential matches. But this isn’t all that a real estate specialist can offer, so let’s take a look at why hiring a property buyers agent is a good idea.
The Benefits of Using a Buyers Agent
Hiring an expert to find the right property isn’t the only necessary action involved when buying a home – you may even have found the perfect place for you before considering the help of an agent. If this is the case, using an expert can still be a wise decision, as they will be able to take the lead for other important aspects of the buying process.
You may need assistance with the following:
- Finding available properties
- Correct pricing based on economical factors
- Bidding at auction
- Necessary auction processes and the required acumen to deal with them
- Utilising necessary unemotional negotiation techniques
- Addressing and requesting potential property upgrades and repair work
- Requirement s for Building Code
- Tackling paperwork
- Keeping track of important dates and deadlines, as well as necessary records
- Closing issues
Can an Estate Agent or a Property Selling Agent Offer the Same Services?
Estate agents and property selling agents are able to advise you on some of the issues involved in home buying, but they won’t be able to take on the majority of the roles of a buyers agent. Certain processes such as bidding at auction won’t be the responsibility of an estate agent or selling agent, and factors such as this will be the duty of the patron, as opposed to the representative.
In most instances, these types of agent have been hired by the individual selling the property in question, and will therefore be operating with their needs in mind. This means that if the seller has allocated a minimum cost for instance, they will be responsible for finding a potential buyer who will be willing to go above that price bracket. After all, they will want the best possible price for their client, and not for you.
Although estate agents and sellers agents won’t go out of their way to hide important information about the property from you, it is their obligation to ensure that you see the residence in question in the best light.
As you are the one hiring a buyers agent, they will always work with your needs in mind – and never with the needs of the seller as a priority. They will make sure that any and all issues are addressed and dealt with; they will ensure that you get the absolute best price available for the property of your choice and they will help you with all of the paperwork and legal processes to boot.