How Are Buyers Agents Different from Real Estate Agents? |
Posted: July 18, 2014 |
Whenever you want to purchase a property, unless you are very confident in your negotiating skills, you are bound to appeal to a professional who knows the market well. There are many options to consider, starting, of course, with real estate agents, who work for commissions to make transactions between sellers and buyers easier. However, they may not be your best choice, in case you are a buyer; because they work for a commission, they are highly motivated to obtain a more expensive price, so they can take home more cash. Another alternative to consider are buyers agents and the difference between the two categories will be showed right away. Getting the right price As any investor or individual buyer, you most probably have a decided budget you do not want to stray far from. Real estate agents will generally try to push upon you properties that are beyond your price range, in hope of determining you to spend more money. However, you will not receive the same treatment from buyers agents. These experts will work hard to identify properties that are within your price range, without forcing you to spend more than necessary. They will also present you with the best opportunities, so you have plenty of properties to choose from. A personalised experience It is very important that your agent has your interest in mind, and this cannot be done unless the agent works closely with you on finding the property you intend to spend money on. This is why good agents will offer a personalised experience, by keeping in contact with you and taking care of your business most and foremost. Real estate agents, on the other hand, have a tendency to lump all the customers together, since they do not have enough time to offer this type of personalised service. If you want your agent to think only of your interest when searching for properties, you should opt for the one capable of keeping in touch and promoting your interest first. Pointing out issues Any property, no matter how amazing, may have hidden flaws. A real estate agent has as the most important motivation the final price, which is why they will try to determine you to spend money. Buyers advocate Melbourne do not have the same motivation. Since they work for a paid fee, they have only their reputation to think of, which will make them work as hard as possible to get you the most advantageous property for your money. When inspecting a property, you will receive sound advice from a good agent, who will not hesitate to point out problems and discuss them with you, so you know exactly what you are spending money on.
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