We tend to think that real estate agents are only useful to sellers, that’s true to some extent but buyers can also benefit from them. Let me explain how.
Real estate agents work the property circuit in your chosen area day in, day out at the coal face of the market. Attending local auctions, handling queries and securing sales themselves, they are well placed to assist you with their local knowledge. Approaching a real estate agent should be a straightforward process – many are happy to respond to email queries or a phone call. If, however, you are looking to ask them a number of questions then it’s worth letting them know you are looking to buy and asking them if they are free for an in-person chat. Many will be willing to speak to you and may even be able to provide you with some properties that you may want to view.
You can also request to be added to their database to receive any newsletters and upcoming properties listing which can help you find the property that's right for you.
They also have a large network of finance brokers and conveyancers
whom they can recommend which can be useful if you don't have any contacts.
An agent can also be very helpful when you finally select a property you are interested in. They can answer a number of questions, and are required to let you know certain material facts about your prospective home. They can also line up viewings for you.
Real estate agents are your critical link between the seller and yourself and can alert you when other offers have been made if you ask them to keep you in the loop. Astute agents will also be able to provide price guidance for the majority of homes that will allow you to determine what you can afford and what you are willing to pay.
If you would like to know how much you can borrow or have any other questions, please feel free to call us on 0487 344 352 for a free no obligation service.