Buyer’s advocates exist to help people find the property of their dreams, without over-paying for it.
They can help take the guesswork, and all the other work, out of buying property.
I love looking for property. I can spend hours and hours researching areas, suburbs and houses online and the time just races by. It’s a hobby; it’s a passion. In doing so, I found the home of my dreams.
So why would I choose to hire a buyer’s advocate?
1. My buyer’s advocate is an experienced real estate agent.
I took my buyer’s advocate, Sam, to look at my new home. He was able to give me a very clear indication of what it was worth (his figure was identical to the sworn valuation I received). He also spoke to the agent and found out about the vendor; who was selling, why they were selling, and what they really wanted. He even pointed out some important issues and features that I hadn’t noticed.
Basically, Sam knew where to look, he knew what to say and he knew what it was worth.
2. My buyer’s advocate understands what I’m looking for in the sale of my old home.
Sam agreed to be present at the interviewing of my selling agent. Knowing me personally, and knowing the industry, Sam was able to ask the right questions to ensure the agent selling my home was the best I could find, and that I wasn’t going to pay an unreasonable amount for it!
3. My buyer’s advocate is a professional negotiator who can get my new home at the best possible price.
This is where Sam really provided value for money! Purchasing a home, especially the home of your dreams, can be an emotional experience. Sam did all the negotiating for me and secured my new home far cheaper than I would have done. He knew when to stall, when to push and when to feign disinterest. The amount of money I saved was well in excess of his fee.
4. My buyer’s advocate put an expert in my corner.
Most people buying property rely on an expert to help them yet they are generally unwilling to pay for one. In starting out, when Kaz bought her first home, she asked the real estate agent for help. When I bought my first place I thought you had to pay the ticket price! Hiring Sam put a bona-fide expert in my corner. I could ask him the “stupid” questions. Listening to Sam taught me a lot.
I am aware that I have more knowledge about property investing than the average Joe. Nevertheless, there are so many things I don’t know and hiring Sam gave me a sense of security and a great opportunity to learn!
And we can never stop learning.