Is it time to think about things differently?

It’s time to think about buying property in Australia a little differently.

According to a 2020 survey conducted by the National Association of Realtors (NAR) in the United States, approximately 77% of buyers purchased their homes using professional guidance, such as a property buyers advocate, during the purchasing process.

Unlike the USA, here in Australia when purchasing property, the majority of buyers go it alone and are left to make uninformed decisions before committing financially to large amounts of money!

The ratio of real estate agents to property buyers in the USA is almost 1 for 1, whereas in Australia there are very few property buyers in comparison to real estate agents. Which is crazy as property buyer advocates work solely for the buyer, whereas a 'normal' real estate agent works solely for the vendor/seller.

We think it is time to think about buying property differently and here are a few reasons why all buyers should consider using a property buyer’s agent for their property purchase.

1. Expertise and Experience
Property buyer’s agents have extensive knowledge of the local real estate market, understand current trends, and can offer valuable insights to help buyers make informed decisions. They have experience negotiating deals and are adept at identifying potential pitfalls or hidden issues in a property, ensuring buyers make the right investment.

2. Time and Energy
Buying a property can be a time-consuming and exhaustive process. Property buyer’s agents can save buyers significant time by conducting thorough property searches, scheduling viewings, and handling paperwork. They streamline the entire buying process, allowing buyers to focus on their work, family, or other important commitments.

3. Access to Off-Market Properties
Buyer’s agents often have access to exclusive listings, including properties that are not publicly available. This means they can present buyers with a wider range of options, increasing their chances of finding the perfect property that meets their unique preferences and requirements.

4. Strong Negotiation Skills
Property buyer’s agents are skilled negotiators who can advocate for buyers' best interests. They have the expertise to negotiate the best possible price, terms, and conditions on behalf of their clients. Their ability to manage negotiations effectively can often result in cost savings for the buyer.

5. Buyer Protection
Working with a property buyer’s agent ensures that buyers have someone on their side throughout the entire process. Agents put their clients' interests first and are committed to ensuring a smooth and successful transaction. They can identify potential red flags, conduct thorough property inspections, and advise buyers on potential risks or issues associated with a property.

6. Local Market Knowledge
Property buyer’s agents have an in-depth understanding of local neighbourhoods, schools, amenities, and market conditions. They can provide buyers with comprehensive information about the area they are interested in, helping them choose a location that suits their lifestyle and preferences.

7. In-Depth Research and Analysis
Buyer’s agents conduct extensive market research and analysis to provide buyers with comprehensive data on property values, recent sales, and market trends. This information empowers buyers to make informed decisions and avoid overpaying for a property.

If you are ready to make a change and would like to use the skills and expertise of a property buyers advocate, then get in touch with Baxter & Mason Property Buyers Agent Sunshine Coast.