subject: The Reasons For Using A Buyers Agent [print this page] When purchasing real estate a buyers agent will represent the purchaser. The Rules of Conduct for a buyers agent is to protect the purchaser. Have a look at the Rules of Conduct drafted by the NSW Office of Fair Trading's website. Study the rules and know that the buyers agent is acting professionally on your behalf.
If in doubt about the conduct of a agent speak to The NSW Office of Fair Trading and be aware that a real estate agent commissioned by the Vendor is working for the Vendor, not you the Purchaser. Your agent is there to look after your interests and provide independent real estate advice.
The market is gaining momentum and purchasers are returning in droves. Your circumstances may not let you do all the legwork, that is why an agent will be perfect to employ to find that property for you. Our list of buyers agents is waiting for you - just ask us!
The services offered by agents include:
Youve located the property have your agent act in relation to negotiating the price.
If you are time poor your agent is the person to find your property to purchase. When briefing your agent remember to include the following:
Your budget
Your ideal location
Your wishlist of rooms in the property
Having access to not only properties openly listed on the market your agent should also have access to property which may be listed silently.
Information about the property including price, land size, how long the property has been for sale is what your buyers agent will uncover for you. Your agent will make all the initial inquires and if it meets the brief which you have given to your agent they will arrange an inspection for you.
Once a property has been located your agent and the Vendor's real estate agent will begin the negotiation process. The conveyancing process begins once a price has been agreed upon between your agent and the vendor.
The conveyancing process then take place, that is the legal transfer of the property to you. During this process your agent will liaise with your Conveyancer regarding the terms and conditions negotiated to be drafted in the contract for sale. However , your conveyancer is the person to listen to regarding legal advice.
Your agent can be your best friend in making the finding of your ideal property seemless and smooth. It can also save you countless houses and stress as they do all the research for you.
by: Judy Bliss
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