Industry Insider's Independent Buyer's Advocates
What is a buyer's agent?
A buyer's agent, also known as a buyer's representative or buyer's broker, is a licensed real estate professional who represents the interests of home buyers throughout the process of purchasing a property. Their primary role is to assist buyers in finding suitable properties, negotiating favourable conditions, and guiding them through the entire home-buying process.
A buyer's agent begins by understanding the buyer's specific needs, preferences, and budget. They analyse the buyer's requirements regarding the location, size, amenities, and other important factors.
Based on the buyer's criteria, the agent conducts a comprehensive search of available properties in the market. They utilise their knowledge of the local real estate market and resources to identify suitable properties that match the buyer's requirements.
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A buyers agent arranges property inspections for the buyer, accompanying them during visits to potential homes. They provide valuable insights about the properties, pointing out both positive aspects and potential issues, and answering any questions the buyer may have.
A critical role of a buyers agent is the due diligence process. This includes coordinating building and pest inspections inspections, talking with neighbours and local council, and addressing any concerns that arise during this phase.
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A buyer's agent conducts a independent market analysis to evaluate the fair market value of properties of interest. This analysis helps buyers make informed decisions and develop appropriate offers that align with current market conditions.
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When our buyer decides to make an offer on a property, we assists in preparing the purchase agreements, contracts and necessary special conditions. They represent the buyer's interests during negotiations with the seller or the seller's agent, aiming to secure the best possible terms and price for the buyer. https://www.youtube.com/watch?v=RiYCxhQEJB4&t=7s
Our buyer's agent assists you in understanding the settlement process and facilitating a successful settlement. They will attend the final inspection and address any last-minute issues that may arise.
Overall, a buyer's agent works as an advocate for home buyers, leveraging their expertise, market knowledge, and negotiation skills to help buyers navigate the complexities of the real estate market and make informed decisions throughout the home-buying journey.