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Why use a Buyer’s Agent?

ELIMINATE EMOTION

It’s easy to become emotional or attached when buying property. A Buyer’s Advocate stops you from becoming emotional and either buying the wrong property or overpaying for the right one.

SAVE TIME

Sourcing and purchasing a suitable property is time-consuming therefore using a Buyer’s Advocate is a great way to free up time that is better spent elsewhere. Avoid disappointment and wasted hours on the phone and internet while we do the work for you; locating, evaluating, vetting, inspecting and reporting on suitable properties, so you only need to consider those opportunities that most closely meet your needs. Our aim is to gain the lowest possible price and most favourable terms and conditions for buyers.

UTILISE STRONG NEGOTIATING SKILLS

Buyer’s Advocates are known to have exceptional negotiating skills and know when to let a deal go if it’s not in their client’s favour. Unlike the buyer, they do not emotionally attached to the property they are buying and can easily walk away because they know that another property will be found. When a deal is imminent, they will negotiate in their clients best interests.

I LIVE OVERSEAS/INTERSTATE

For interstate and expatriate buyers, where inspections are impossible, Buyer’s Advocates offer the perfect ‘on the ground’ solution. Our ‘walk through’ video, provided to all clients, enables the purchaser to see what we see at each inspection. It’s the perfect tool to make an informed decision. Supplement this with the added value of experience and you will save time, effort and money.

(We recommend expatriates visit the Foreign Investment Review Board website before they purchase property in Australia. Click on www.firb.gov.au for more information.)

MINIMISE RISK

My Property Scout does not makes promises that we will save you lots of money and get a discount on every property purchase. Certainly, there are many times that we will be in this position, however in Brisbane’s rising market, you might not save anything more off the purchase price than you would have without using an agent. However, what you do benefit from is saving the mistake of overpaying or purchasing the wrong property, completing a contract that is not in your favour or having someone independent that will safeguard you against some of the pitfalls of property purchases. It is our belief that if we assist clients with buying the right property and it increases in value in line with their expectations, then our fee is paid for over and over again.

EXPERT ADVICE, KNOWLEDGE AND EXPERIENCE

Would you make a significant investment decision without consulting a financial adviser? Purchasing property presents equally important opportunities and risks, and inadvertently many buyers purchase an unsuitable property or overpay as a result of having a lack of resources, inadequate local knowledge of areas, completing insufficient due diligence or getting emotionally attached. Purchasing property something most people only do a few times in their lives, therefore it is essential that discerning buyers seek out professional, expert advice and engage someone who has local knowledge of the market they are looking to purchase in.

Buyer’s Advocates have the experience, knowledge, patience, tools, contacts and time to navigate the market effectively, and spend a great deal of time locating great properties by liaising with real estate agents and property professionals every day of the week. Purchasing property is not something you want to get wrong, so by engaging a Buyer’s Advocate, clients can have the confidence that comes with having an experienced partner scout the market on your behalf. Whether you are buying a home to live in or building to a property investment portfolio, we ensure the service and result you receive exceeds expectations.

I DON’T UNDERSTAND THE DETAIL

Many clients we speak to really don’t know a lot about purchasing property, and for those venturing into property investment, the detail can prove too much.

  • What type of property should I buy?
  • What is the market value of the property?
  • What conditions do I put in the contract to protect me but are also designed to win the deal?
  • Where do I start looking for a Property Manager? What questions do I ask?
  • What’s happening in the local area?
  • What’s the rental potential?
  • Should I renovate?
  • What is the history of the property?
  • Do I invest for capital gains or rental return?
  • What is the vacancy rate of the area?
  • Who’s the competition?
  • Is there a Body Corporate and how do I get the records?

All of these are valid questions and need to be answered, but how does an inexperienced purchaser navigate this unfamiliar territory? The good news is you won’t have to. We are your partner throughout the process and manage the purchase on your behalf, keeping you informed along the way.

EVADE THE SALES AGENTS ‘SPIN’ ON THE FACTS

Selling agents tend to be more frank and honest with Buyer’s Advocates as they are aware that there is no emotion involved and it is simply about the facts. Information tends to be more forthcoming as it is likely the agent will want to foster a positive relationship in the hope that the Buyer’s Advocate will purchase more property from their agency. It’s also a professional courtesy since there is every chance they could end up working together again.