Using a buyer’s agent is a critical step in realising your dream to buy real estate, but it’s important that you select someone who is licensed and independent to ensure ethical buyer advocacy. Here’s some advice on how to do this and why it’s important, from Aspire buyer agents.
Why is Quality Buyer Advocacy Important?
A buyer’s agent’s role is to guide the buyer through the process of sourcing and purchasing real estate. They provide you with expert insight into the local market, help you decide exactly what it is that you want from a property, assist you in deciding on your budget, sourcing a property, and negotiating a sale. They can even find you properties that aren’t yet on the market or offer to represent you in real estate auctions. As you can see, they have a lot of responsibility and influence in what is likely one of the biggest investment decisions of your life. As such, it’s important that they are properly trained and certified in providing this assistance, and that they can do so ethically in order to best benefit you, the client.
One important issue for consumers to watch out for is when buyer’s agents are not exclusive. Often, these agents work for you as the buyer as well as acting as an advocate for the seller or a developer. While it is perfectly legal to have a buyer and a vendor agent, they absolutely should not be from the same firm – this is illegal as they can claim payment from both sides of the real estate negotiation and, as a result, are unlikely to act in your best interests.
Aspire buyer agents are fully licenced and independent and can act as either vendor agents or buyer’s agents but will never act as both on the same real estate purchase. This is to protect you as a buyer and ensure that our services are honest and totally uncompromised.
Licencing and Regulations for Buyer’s Agents
Every State and Territory in Australia has its own buyers advocacy licencing requirements, so it’s important that your agent has the correct licence for the state in which you are purchasing real estate. In order to be a licenced buyer’s agency, they should have at least one agent on site who is qualified to act in that state.
If you are looking for buyer advocacy services, please consider Aspire buyer agents. Our services are personalised to your exacting requirements and each agent puts in the time and effort to understand your property goals and find you the perfect piece of real estate. Contact Aspire buyer agents today for a free buyer advocacy services consultation.
A buyer’s agent’s role is to guide the buyer through the process of sourcing and purchasing real estate. They provide you with expert insight into the local market, help you decide exactly what it is that you want from a property, assist you in deciding on your budget, sourcing a property, and negotiating a sale. They can even find you properties that aren’t yet on the market or offer to represent you in real estate auctions. As you can see, they have a lot of responsibility and influence in what is likely one of the biggest investment decisions of your life. As such, it’s important that they are properly trained and certified in providing this assistance, and that they can do so ethically in order to best benefit you, the client.
One important issue for consumers to watch out for is when buyer’s agents are not exclusive. Often, these agents work for you as the buyer as well as acting as an advocate for the seller or a developer. While it is perfectly legal to have a buyer and a vendor agent, they absolutely should not be from the same firm – this is illegal as they can claim payment from both sides of the real estate negotiation and, as a result, are unlikely to act in your best interests.
Aspire buyer agents are fully licenced and independent and can act as either vendor agents or buyer’s agents but will never act as both on the same real estate purchase. This is to protect you as a buyer and ensure that our services are honest and totally uncompromised.
Licencing and Regulations for Buyer’s Agents
Every State and Territory in Australia has its own buyers advocacy licencing requirements, so it’s important that your agent has the correct licence for the state in which you are purchasing real estate. In order to be a licenced buyer’s agency, they should have at least one agent on site who is qualified to act in that state.
If you are looking for buyer advocacy services, please consider Aspire buyer agents. Our services are personalised to your exacting requirements and each agent puts in the time and effort to understand your property goals and find you the perfect piece of real estate. Contact Aspire buyer agents today for a free buyer advocacy services consultation.
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