When buying a house most people go down the traditional route of hiring a real estate agent. However the trouble with real estate agents is that they work with the interests of the seller of the property in mind, not the purchaser.
Why a buyer’s advocate
When buying property in Australia it will be much easier if you hire a buyer’s advocate. The buyer’s advocate will represent the purchaser of the property rather than representing the vendor. This means that the buyer’s advocate will work with your interests in mind.
While a real estate agent is only concerned with selling you property, a buyer’s advocate will do everything in their power to reduce the stress, time and money that you have to spend finding your new property. This is the exact opposite to a real estate agent who will be trying to maximise the amount of money their clients receive.
A buyer’s advocate will be able to work very close with their clients so that they can achieve the best possible outcome for the purchaser of the property. The buyer’s advocate will be able to work together with your solicitor and vendor until contracts are exchanged and everything is settled.
Good buys
It’s all too easy to miss some great bargains or potential opportunities, especially when talking to real estate agents who will only want to sell you the most expensive properties they have on their books. Many have access to many extra listings for properties that cannot be found anywhere else.
What’s more, buyer’s advocate will also be able to represent you at property auctions and will be able to scrutinise the contracts to make sure you’re not signing up to anything that you might later regret. This service alone can potentially save you thousands of dollars.
All in all a buyer’s advocate is a great way to find your next home and minimise the money that you have to pay for your property.
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