Your home will likely be one of the most important purchases you will ever make and it should therefore be a smart, thought out investment.
A buyer’s agent will help you do everything possible to choose the best house for your needs. The agent will apply a strict selection formula that will insure you get a solid return on your purchase.
If you’re shopping around for a Buyer’s Agent this article will give you the top tips on sorting the best from the rest in 4 easy steps.
Tip 1: BUYERS AGENT VS REAL ESTATE AGENT
One of the biggest challenges a buyer will face is trying to work harmoniously with a real estate agent and making sense of the jargon. Real estate agents have been taught winning psychological strategies and spend years negotiating though hundreds of real estate transactions.
It is vital your buyer’s agent can measure up against a highly skilled real estate agent.
If they don’t have the right experience, they’ll simply miss opportunities. In some cases, they can cost their clients’ money by over paying for property, miss out on their dream home or buy an average property.
A buyer’s agent’s experience shapes their current knowledge and wisdom. This is what will save you money, guide you in choosing the best property in a good suburb, and most importantly help you avoid the pit falls of buying property.
It’s very similar to hiring an experienced captain to sail a boat though rough sea. In the same way, a buyer’s agent will guide you through the real estate market place, using all their experience to get you where you need.
There for it’s important to make sure your buyer’s agent is a fully licensed real estate agent. There are people out there calling themselves a buyer’s agent who are not actually licensed estate agents and don’t have experience as a real estate agent.
In the state of Victoria anyone can check the registration of any real estate agent at the consumer affairs website, look for the real estate agents register.
At Wise, our buyer’s agents are fully licensed estate agents whom have years of experience as real estate agents and completed their practical training at the Real Estate Institute of Victoria.
In summary: seek a fully licensed buyer’s agent that has been working in the real estate industry for over 10 years. Property cycles generally run seven to 10 years and it is wise to get advice from someone that has seen both the ups and downs of the real estate market.