With so much at stake when purchasing a new property, these days more and more people are turning to the services of a buyer’s agent to expedite and navigate the buying process. But are buyers’ agents worth the money?
Buyers’ agents assist buyers to search for properties, evaluate them, and negotiate with sellers to get the best deal possible for their clients. Although this whole process buyers’ agents work hard to justify their fee. Is there anything one of these professionals can do that you cannot do by yourself? Here are some points that prove that buyers’ agents are still the go-to guys in the buying industry:
They can save you time and energy
A buyer’s agent can save you time and energy, as the house-hunting process can be a lengthy ordeal, especially if you searching for a specific property. Buyers’ agents are professional buyers who are constantly on the look-out for the right property and with access to off-market properties, they are more likely to find the right property faster.
They are emotionally detached to your purchases
Because of this, they understand the market and can determine whether or not the property you are eyeing is priced fairly. Often, the average buyer may be blindsided by emotion and can easily end up paying too much for the wrong property. This is not an issue for a reputable buyer’s agent.
They can assist you at auctions
Properties at auction can be tough to secure, and this is a reason why people hire the services of a professional just to bid for them. Although they can help a novice buyer navigate the environment to prevent overbidding, at the end of the day, the highest bidder still wins. This is why it is important to have someone who knows the market well enough to implement the best strategies to help you outbid the competition and secure the right property at the lowest price.
So, is all this worth the money?
The real estate market is undoubtedly tough, especially for first-time buyers. The competition in bidding at an auction can be stressful, which is why there is no doubt that professional help will go a long way. Each person has a field that they try to master depending on the line of work they go through, but for the real estate market, buyers’ agents are specialists in buying property.
Also, make sure you’re getting assistance from a reputable agency that is transparent with their operations.
Lastly, you’ll want somebody with experience and credentials. Buyers’ agents are required to hold a real estate license to practise their profession. Check also their level of experience, such as how long they have been in the industry, and details of any similar and recent previous clients.
Whether you are buying a property for the first time or have previously bought other properties, a reputable buyer’s agent is well worth the investment and can be the difference between a horror story and a seamless transaction.
If you are in need of a buyer’s agent in Sydney, Australia, we have experts in the real estate industry on hand and ready to serve you. Get in touch with us for our professional services to secure your future properties, today!