Related News
See All News
There is a common misconception about the role of a BA, and who can benefit from engaging the services of an agent when buying property. Whether this is because of TV shows like The Block, or because BAs are a still relatively recent addition to the Australian property sector, there is a widespread assumption that BAs are only required for large property purchases, and their services aren’t really necessary for most types of home purchases.
However, BAs provide a variety of helpful, cost efficient services for home buyers and investors with almost any size of budget, so even if you are shopping for property in the region of $500,000, you should consider engaging the services of a BA to act on your behalf.
A BA performs a range of services that are of significant benefit to almost anyone looking to buy a property. They source, inspect and negotiate properties on behalf of their clients and leverage their agent relationships to gain access to off market properties.
As well as the practical services they offer that ensure you are as well informed as you can be, a BA could also save you time, money and make the process significantly less stressful at every stage.
One of the key functions of a BA is to help you narrow down your search from the huge array of potential properties out there.
An experienced Buyers Agent will help you to do this by getting to know you and your needs. This will include gaining an understanding of the sort of property you are looking for, the areas in which you want to buy, the features you need (car parks, outdoor areas, etc.), so that they can create an accurate profile that will enable them better to search on your behalf.
BAs also have a good understanding of specific locales, or may have a particular expertise in particular property types, and they bring this experience to bear on helping you to find properties that are best suited to your requirements.
In addition, BAs will also have access to a selection of off market properties that might not normally be available to the general public. This means that when you work with an advocate, you have the choice of more properties that meet your specifications, are in your price range and, as off market properties are not advertised or listed widely, for which you are likely to face less competition.
A BA is a real estate industry professional whose job it is to get the best possible deal for clients. This means they have a thorough understanding of the housing market at any given time in a particular location, and so have a realistic understanding of property prices.
When you have a BA acting on your behalf, you are benefitting from their knowledge in this area and their experience in negotiating to ensure that you are paying the best possible price for your property. You don’t have to have a huge, high end budget for this key
