Читать книгу The Female Investor - Kate Hill - Страница 18

BUYER'S AGENT

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A buyer's agent is a licensed professional who works for you, the buyer, and acts on your behalf to search, evaluate and negotiate a property purchase. They don't sell real estate. They are engaged independently and paid by the buyer to independently act on their behalf.

The key difference between a selling agent and a buyer's agent is who they represent — by law, in Australia an agent cannot act for and accept a commission from both parties in the same property transaction. Some of the things that a buyer's agent can help with:

 search for a property for you

 evaluate and complete all the due diligence on the listings available for sale

 negotiate the property purchase price and terms

 oversee the contract of sale

 assist throughout the settlement process

 oversee and arrange due diligence such as building and pest inspections, and survey and engineering reports.

By using an experienced buyer's agent, you can:

 gain an edge by having your own advocate who is representing your interests 100 per cent

 save time spent searching for and analysing property

 negotiate to obtain the best price and terms

 source the correct property in the right location with better prospects for capital growth and/or rental yield

 eliminate stress by having one representative looking after your needs, rather than dealing with several different selling agents.

If you're buying an investment property, then ideally you need a buyer's agent who is also a qualified property investment adviser and who has a thorough understanding of your investment goals, who can calculate cash flows for you, and assess your risks and needs. This is a critical part of the process. Again, check their bona fides before working with them.

The Female Investor

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