Frequently Asked Questions
What is a Buyer’s Agent?
A buyer's agent is a professional who represents the interests of property buyers during the purchasing process. They provide expert guidance, conduct property research, negotiate on your behalf, and assist in finding properties that match your criteria.
What services Do We as Buyer’s Agent offer?
The scope of services your buyer's agent offers can vary. At Creative Property Group, we offer a full and comprehensive service from start to finish, and beyond!
This includes setting up your initial strategy and brief, searching, inspecting and shortlisting suitable properties, performing research and due diligence, negotiating and auction bidding. We will also help you organise conveyancing, building & pest inspections, strata reports, property management, insurance and more. All of this is include in our end-to-end property service we offer all our clients to ensure they have a stress free experience.
This includes setting up your initial strategy and brief, searching, inspecting and shortlisting suitable properties, performing research and due diligence, negotiating and auction bidding. We will also help you organise conveyancing, building & pest inspections, strata reports, property management, insurance and more. All of this is include in our end-to-end property service we offer all our clients to ensure they have a stress free experience.
WHAT MAKES YOU DIFFERENT FROM OTHER BUYER'S AGENTS?
The difference is our service that we deliver to our clients. We realised many years ago that the most effective way to deliver a property in the shortest possible time with six star service was to work in teams. We have more than one person working together to help you find a suitable property, one of whom is a qualified Buyer's Agent who will then evaluate and negotiate once the property is found. Most Buyer's Agents are only offering themselves as the owner of the agency, and that Buyer's Agent will do everything, resulting in a poor level of service and an often disappointing outcome.
Benefits of using a Buyer’s Agent
Save you time, money and stress! Yes, it may sound a little cliché and I'm sure you've heard it all before but it's true.
As buyer's agents work daily on finding suitable properties for their clients, they can also ensure you don't miss out on any opportunities. Most people only get time on the weekends to search for and inspect properties, but your buyer's agent will also do this throughout the week for you.
Buyer's agents are also very familiar with many different property markets, which is an advantage if you're looking to invest in a different market or interstate. In most cases, buying an investment property in your 'backyard' is not necessarily the best place to invest. Australia has so many different property markets, so the chances that your own suburb or area will return the best results is very slim.
Your buyer's agent will be able to educate you on the different markets, explain which ones are ideal for investment based on your budget and goals and provide examples of other deals they've secured there and the results they've achieved
They'll also have access to off-market and pre-market opportunities which are not available to the general public, through the strong relationships they've built over the years with sales agents.
As buyer's agents work daily on finding suitable properties for their clients, they can also ensure you don't miss out on any opportunities. Most people only get time on the weekends to search for and inspect properties, but your buyer's agent will also do this throughout the week for you.
Buyer's agents are also very familiar with many different property markets, which is an advantage if you're looking to invest in a different market or interstate. In most cases, buying an investment property in your 'backyard' is not necessarily the best place to invest. Australia has so many different property markets, so the chances that your own suburb or area will return the best results is very slim.
Your buyer's agent will be able to educate you on the different markets, explain which ones are ideal for investment based on your budget and goals and provide examples of other deals they've secured there and the results they've achieved
They'll also have access to off-market and pre-market opportunities which are not available to the general public, through the strong relationships they've built over the years with sales agents.
Who pays the buyer’s Agent?
The person engaging with the services of the buyer's agent (the property buyer) pays the buyer's agent their fee, as they're representing and working for them in the transaction.
CAN a buyer’s agent save me money?
Smart negotiation techniques could slash thousands off your purchase price. Our agents spend every day negotiating property prices and terms - it's what they love to do. Using a buyers agent levels the playing field - and gives you an insider working for you against more seasoned property buyers and real estate agents.
We execute a due diligence process to help you avoid the common risks and pitfalls associated with buying real estate. And we'll save you time by streamlining the entire process to present you with more options to find a property you'll love.
Finally, the sooner you buy the right property, the faster your investment could appreciate in the right market conditions, helping to build your net worth and nest-egg over time.
We execute a due diligence process to help you avoid the common risks and pitfalls associated with buying real estate. And we'll save you time by streamlining the entire process to present you with more options to find a property you'll love.
Finally, the sooner you buy the right property, the faster your investment could appreciate in the right market conditions, helping to build your net worth and nest-egg over time.
How much does a Buyer’s Agent cost?
Buyer's agents can charge either a fixed fee or a percentage of the purchase price (commission). There's usually a small retainer (also known as an 'engagement fee') at the beginning in order to commence using their services to help set up your strategy and brief. The balance is usually only payable when you successfully purchase a property.
At Creative Property Group, you can rest assured that we'll always be working in your best interest by charging a very competitive flat fee. We believe that having a flat fee is much more transparent, ensuring our clients know the only fee they will pay upfront and that we'll always aim to negotiate the lowest possible price, as there's no incentive for us to do otherwise.
This should also give you the confidence that we're going to present you with all of the suitable options and not just those that are at the top-end of your budget just so you pay a higher fee.
At Creative Property Group, you can rest assured that we'll always be working in your best interest by charging a very competitive flat fee. We believe that having a flat fee is much more transparent, ensuring our clients know the only fee they will pay upfront and that we'll always aim to negotiate the lowest possible price, as there's no incentive for us to do otherwise.
This should also give you the confidence that we're going to present you with all of the suitable options and not just those that are at the top-end of your budget just so you pay a higher fee.
ARE BUYER'S AGENT'S FEES TAX DEDUCTIBLE?
Fees charged by Buyer's Agents may be tax deductible if buying an investment property but not for an apartment or house you intend to occupy. We recommend you consult a reputable accountant or tax specialist to determine your individual circumstances.
Can a buyer's agent help with investment properties as well?
Yes, many buyer's agents specialize in helping investors find suitable properties. They can analyze potential returns, market trends, and assist in identifying properties that align with your investment objectives.
Working with a buyer's agent can be a strategic move to enhance your property-buying experience and ensure you make well-informed decisions that align with your goals. If you have more questions or need personalized assistance, don't hesitate to reach out to a qualified buyer's agent in your area.
Working with a buyer's agent can be a strategic move to enhance your property-buying experience and ensure you make well-informed decisions that align with your goals. If you have more questions or need personalized assistance, don't hesitate to reach out to a qualified buyer's agent in your area.
Can a buyer's agent help with negotiations?
Absolutely. One of the primary roles of a buyer's agent is to negotiate on your behalf. They leverage their expertise to secure favourable terms, including price, contingencies, repairs, and other contract details.
How do buyer's agents find properties that match my needs?
Buyer's agents use their network, industry connections, and online databases to identify properties that match your criteria. They also conduct thorough research and often have access to off-market listings that may not be publicly advertised.
I'm a first-time buyer. Can a buyer's agent help educate me about the process?
Absolutely. Buyer's agents often work with first-time buyers and are well-equipped to provide guidance throughout every step of the process. They can explain terminology, offer insights, and ensure you make informed decisions.
Can a buyer's agent help with investment properties as well?
Yes, many buyer's agents specialize in helping investors find suitable properties. They can analyze potential returns, market trends, and assist in identifying properties that align with your investment objectives.
Working with a buyer's agent can be a strategic move to enhance your property-buying experience and ensure you make well-informed decisions that align with your goals. If you have more questions or need personalized assistance, don't hesitate to reach out to a qualified buyer's agent in your area.
Working with a buyer's agent can be a strategic move to enhance your property-buying experience and ensure you make well-informed decisions that align with your goals. If you have more questions or need personalized assistance, don't hesitate to reach out to a qualified buyer's agent in your area.