What’s included in a buyer’s agent service? This question is asked a lot as different buyer’s agents provide a different level of service.
Wise Real Estate Advice are a fully serviced buyers agency, the goal of our service is to manage the whole process from start to finish while taking the risk and stress out of buying.
The whole process should only take 6 to 8 weeks.
Our Buyer’s Agent Services Explained
Property Search (conducted weekly until a property is purchased)
Establish the buyer’s search criteria:
- What is your purchasing budget, minus overheads (stamp duty etc).
- Property requirements:
- Distance to the city, schools, train station, shopping centers etc.
- Number of bedrooms, living areas, land size.
- Purpose of property, attracting tenants or family home.
The buyer’s agent creates a short list of ‘for sale’ properties that match your criteria from step 1. This includes off market listings, properties that are coming to market and on market listings.
At this point, the client would have to give feed back on properties of interest, creating a property inspection shortlist for the buyer’s agent.
The buyer’s agent will inspect all properties on the shortlist and give feed back to their client around property presentation, price estimates for potential renovations, conduct a market value and a rental appraisal. This process will produce a property for the client to inspect.
Repeating this process weekly will produce a pipeline of properties for potential purchase.
Once the client approves a property, the buyer’s agent will provide a written market value, this price is used as a walk away figure during property negotiation.
At any one time the buyer’s agent should have three properties in the pipeline.