How it works?
It is as simple as 1, 2, 3. We have done the hunting, so you don't have to.
Across the nation - we have you covered...
The Buyers Agent Guide has tirelessly scoured Australia to bring you the complete list of all operating buyers agents. You can now be picky in finding your perfect match.
About the Buyers Agent Guide
We have been helping Australians find their perfect Buyers Agents for almost 10 years!
Strategies
Property is a powerful vehicle to generate wealth when purchased strategically. You will realise your best wealth result when adopting an investment strategy in line with your current resources, experience and goals.
Homebuyer
When it comes to buying your own home, buyers typically have a clear picture of what they like and don't like. Homebuyers naturally prioritise lifestyle preferences, whether that be proximity to work, family and friends or shops, schools and transport.
Sometimes negotiating on a dream home when you are emotionally invested can be challenging. Working with a professional Buyers Agent can give you an edge over other buyers and safeguard you against overpaying.
Commercial
Commercial real estate refers to a range of different property types, including industrial, retail and office space. Great commercial property investments are synonymous with high yields and long leases, whereby tenants are typically responsible for all outgoing costs.
Working with a professional such as a Buyers Agent is a great way to add commercial property to your portfolio. In many cases, commercial properties are sold off-market and require in-depth due diligence ahead of purchase.
Property Investment
As an investment class, property has proven to be one of the most effective ways to build wealth in Australia. Bosting returns of 6.8% per annum over the past 25 years while also benefiting from the power of leverage, using the bank's money, it's a difficult investment to beat.
By purchasing high-quality investments, with the help of a Buyers Agent, it's possible to build a large property portfolio that can pay for itself and pay you an income at the same time.
Renovation
One of the big advantages that property offers is its capacity to add value. The most common way to manufacture equity in a property is through renovation.
Renovations can be as simple as a small cosmetic makeover, like painting rooms and installing a new kitchen or bathroom, or involve full-scale structural modification, such as adding additional stories and removing interior walls.
By leveraging the experience of a Buyers Agent, you can avoid overcapitalising when adopting this strategy.
Subdivision
Subdivision is the process of purchasing a large block of land and creating smaller strata-titled lots. Subdividing can be a powerful way to generate profits, helping you to build a property portfolio quickly. To make this strategy work, the combined value of the smaller sub-divided
lots need to be greater than that of the large lot.
It is possible to use sub-division in different ways, including buying a house, knocking it down and selling off the strata lots, or retaining a house while selling off a portion of the land.
Subdivision is a sophisticated strategy requiring substantial due diligence. Using an experienced Buyers Agent is a great way to learn the ropes if you are new to this strategy.
New Builds
Building new homes is not just a way first homebuyers can enter the property market but also a viable investment strategy. It is possible to purchase a block of land, build a new home, and sell it for a gain.
This strategy only produces a profit, however, in areas with limited vacant land and high demand, or newer areas where developers sell land at discounts. As it is not always easy to identify land where there is profit potential, doing your due diligence is critical.
Property Development
Property Development effectively involves purchasing an existing property or lot of land and transforming it into something else. Property Development can be as simple as building a duplex or as complicated as creating a multistory apartment building.
Arguably the most profitable of all investment strategies, property development also comes with the highest risk. Given the complexities involved, engaging a professional Buyers Agent with development experience is a worthwhile consideration if you are new to this strategy.
Vendor Advocacy
When it comes time to sell your property, you want to enlist a professional who will achieve a sale in your best interest. Like in every profession, there are good real estate agents and bad ones.
The best real estate agents are excellent negotiators. They understand their local market and can identify the key demographics looking to buy and sell at any given time. Top agents maintain a large database of potential buyers collated over time to help their vendors achieve the highest possible price in a timely fashion.
Recent Property Insights
Learn how to select your perfect Buyers Agent match and stay up to date with industry trends.
A great Buyers Agent can be worth their weight in gold. They can take the stress out of buying your dream home or help negotiate a killer price on your next investment property.
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If you are thinking about enlisting the services of Buyers Agent or a Buyers Advocate as they are also commonly known, you will want to make sure that they are the best person for the job.
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Frequently Asked Questions (FAQ)
Who uses a Buyers Agent in Australia?
Recently, a growing number of Australians are realising the benefits of using a professional Buyers Agent when purchasing property as either a home or an investment.
- Buyers who don't have the time or interest in spending hours on realestate.com.au or their weekends at open homes are typical Buyers Agent clients.
- Homeowners looking to lock down their dream home in tightly held bluechip locations are keen to jump the queue by accessing 'off-market properties' only available through well-connected local professions.
- Similarly, savvy inventors who simply see the value in leveraging a professional's expertise are including 'using a Buyers Agent' as a key part of their strategy.
Why should I use a Buyers Agent?
Your reason for using a Buyers Agent will be a personal one, relating to what you hope to achieve and where you are at in life.
- If you are a busy professional or have pressing family commitments, a Buyers Agent will do the legwork on your behalf while also holding you accountable to your purchasing goals.
- Buyers Agents can also help you purchase great investments in unfamiliar locations by accessing professional-grade research and data.
- A Buyers Agent specialising in home purchases will be able to secure your dream home in a tightly held or heated market.
- As a professional negotiator, securing a property under market value should be a key focus of your Buying Advocate.
Do Buyers Agents charge a fee?
Buyers Agents are engaged to buy property on your behalf and charge a fee based on their services.
Buyers Agent fees will vary based on the scope of your brief, strategy, budget, the location of your purchase and the overall level of service you require. A full-service Buyers Agent fee will be around 1.5 - 2% of a total purchase price as a rule of thumb.
Depending on the service agreed upon, A Buyers Agent may charge a set fixed fee, or be commission-based and charge a percentage of the property's sale price. Some Buyers Agents will adopt a hybrid model and have a fixed engagement fee and a commission-based aspect tied to the property's purchase price.
What is the difference between a Buyers Agent and a Buyers Advocate?
A Buyers Agent is engaged by a buyer to advocate in their best interest when purchasing property as a home, or for an investment.
Often referred to as a Buyers Advocate, both titles refer to the same profession.
While a Real Estate Agent is hired by a vendor and tasked with achieving the best possible sales price and conditions on the 'sell' side, the Buyers Agent or Buyers Advocate's role is to achieve an optimum outcome for their client.