At the end of the day, it is your decision whether to engage the services of a buyer’s agent. Only you can make this decision. We’ve put together some of the benefits that should help you decide whether a buyers agent is for you.
Time – Buying a property can rob you of hours and hours. Week in week out buyers are attending open homes for properties that may not even be in within your budget. A good buyer’s agent can slice hours of searching for your dream home or investment.
There is no emotional investment from a buyer’s agent –
Week in week out when we attend open homes we come across a lot of inexperienced buyers, it’s not your fault. An emotional buyer who walks into a home and gets overly excited is setting themselves up for failure. It is like a ringing bell in a sales agent’s ear. A buyer’s agent has no emotional attachments to properties they are buying on their client’s behalf.
They can save you money – A buyers agent can save you thousands of dollars, if not 10,000’s. An experienced buyers agent will have studied negotiation for at least 10 years and knows what questions to ask the selling agent.
There are no guarantees that a buyers agent will save you money one thing for sure is you will be treated far more serious than any buyer you may be in competition with. Some buyers engage agents service to purely secure the right property and buying the right property at the right price.
Bidding at Auction – An experienced buyers agent is familiar with the challenge of buying property by auction. They will make sure that you don’t buy based purely on emotions, they remove the emotion from the acquisition. You may not be in a position to attend on auction day so a buyers agent could be of benefit by attending the auction on your behalf.
Relationships – No buyer or inexperienced agent has the relationships that an experienced agent can beat. They have built a strong network of contacts which can be the deciding factor of whether you or another buyer get the property.