There are a lot of words being thrown at you if you’re a first-time home buyer, or maybe if you’re re-entering the market after a few years away. In the world of real estate, you may think an agent is just a real estate agent, but there’s more to it than that these days.
A buyer’s agent is really a person who specialises in helping buyers in finding and purchase homes to suit their needs all over the world. These buyers’ agents are intending to give you peace of mind and help you get through the process as quickly as you can, with the least effort.
Who’s The Best Buyer’s Agent?
There’s no telling who the best buyer’s agent in the world may be, but when it comes to Melbourne, Wakelin is the best option for many hoping to buy or invest in the area. They offer expert buyer advocate services geared towards making the process of buying easier for their clients. If you’re in the market for a buyer’s agent in Melbourne, Wakelin is the answer.
What Are the Good Parts of Using a Buyer’s Agent?
There’s no legal requirement to work with a buyer’s agent when purchasing a home, but it has heaps of advantages.
The Local Market: A Melbourne buyer’s agent can help you keep track of all the new listings coming on the market. This is why you need someone with local expertise to help you navigate this market.
Rare Homes: A buyer’s agent in Melbourne can help you find homes that are listed off the market. These homes are usually in areas of high competition, so a market knowledgeable person is wise to have on your side, so you can navigate these tricky areas of the market.
Negotiations: They will help you in negotiating both the home’s price and buyer contingencies. These include things like obtaining financing and the like.
Red Flags: The buyer’s agent can take note of red flags and these can be neighbourhood issues such as high crime or issues with the property itself. This includes disclosures about the property such as conditions of the home and roof, any prior permits obtained, and often a lot of information that isn’t just available online.
Transaction Experts: Buyer’s agents are experts in the real estate transaction, from both a buying and selling perspective. This means they can help you save money on offer prices and help you go through each step confidently.
What Are the Bad Parts of Working with Buyer’s Agents?
Pricing
You have to pay for a buyer agent’s services, and this can be a commission on the sale or just a one-off fee. This means you may not have to pay if you don’t buy a house from the agent.
Not All the Listings
As buyers agents can only work with the buyers they may not have the ability to see all the current listings on the sale side of things.
Can’t Help The Seller
If you go to buy a house and the seller has issues on their end, the buyer’s agent can’t help them. This is because they work solely for you, and not the other party.
