In Australia, a lot of home purchases use a buyer agent (also known as a buyer’s advocate) to help them through the purchasing process and if you are planning on purchasing from New Zealand, you will probably need one.
Whether you’re a time-poor buyer or unfamiliar with the local market, a professional buyer’s agent will help make your property journey smooth and stress-free.
A buyer’s agent is your advocate in the real estate realm. Unlike selling agents, a buyer’s agent works exclusively for you, the buyer.
They specialize in:
Since you are moving to Australia from NZ, you won’t know the property market as well as you might know the NZ property market, and it’s worth having someone to not only educate you and help you through the process but also make sure you are getting the best house at the price possible in Australia.
A buyers agent lives and breathes the local property market, so they can help buyers buy in an unfamiliar area/country.
A buyer’s agent is paid by the buyer to find a property that fits them perfectly. They will want to know exactly what you want from the property, e.g. location, number of bedrooms, closeness to transport, schools, shops and other lifestyle preferences.
A buyer’s agent can help educate you on the city/suburb you are considering and what areas are emerging hot spots. If you are an investor or savvy homeowner, then the agent will focus on potential capital growth or rental yield.
They will recommend areas that will suit you and your family and then help you through the research process.
Once you’ve agreed on what you are looking for, the agent will formulate a strategy to find your ideal property. Then the property hunt begins. Your agent will aim to create a shortlist of potential properties and in hot property areas they will notify you as soon as a matching property becomes available.
When you find a property you’re interested in, your agent will carry out extensive due diligence, including inspection, a thorough property appraisal and their recommendation of what they think it’s worth.
If you want to proceed, they will start negotiating the purchase price on your behalf, achieving the best price and terms.
They will then oversee the contract and exchange process. Pre-settlement inspections and then settlement. A lot of paperwork you will not need to complete!
The main reasons you would use a buyer’s agent are:
The payment structure for buyer’s agents varies, with no strict rule in place. Agents may adopt different models, such as a fixed fee, a percentage of the purchase price (typically between 1% and 3%), or an initial retainer fee upon engagement.
An effective buyer’s agent often brings years of experience in navigating the buying process and participating in auctions. Some even offer assurances, committing to finding a suitable property within a specified timeframe—like six months—or waiving their fee if they are unable to do so.
Buying houses is not a skill most of us use regularly. They are professionals with expert knowledge, contacts and skills.
Even though they can be expensive, they are worth it because of the money they save you in the purchase price and a significant amount of time (doing all the above on your behalf).
A mortgage broker aids in obtaining a home loan by identifying the most suitable lender for you. This service is typically sought when you are prepared to make an offer on your desired home.
On the other hand, a buyer’s agent guides you through the complete purchasing process, encompassing the search for the perfect home and skilful negotiation to secure the right price.
No, a real estate agent works for the seller and a buys agent works for the purchaser. They are on opposing sides during the buying-selling process.
I highly recommend reading independent reviews on any company before using their service. It is always enlightening to read customers’ honest experiences with a company.
I have been recommended Gold Coast Property Buyers. Even though they are located in Queensland, they have a network of agents and can refer you to someone who can help you in other states in Australia.
Please note, that Rodney from Gold Coast Property Buyers has also kindly offered 20% off their “full service*”. You can read what that includes below. Use promo code “NZ to AUS” when submitting an enquiry here.
Unlock Your Dream Property with Gold Coast Property Buyers – Your Dedicated Buyer’s Advocate.
At Gold Coast Property Buyers, they’re committed to serving only your interests. They oversee every facet of the buying process:
Leave the stress behind and let Gold Coast Property Buyers secure your ideal property at the right price.
Our local buyer’s agents are invaluable due to their unparalleled understanding of the Gold Coast property market. They provide:
With over a decade of experience, our Gold Coast Property Buyers Agent team offers unmatched local expertise.
Our buyer’s agents excel at auction representation, ensuring you secure the best possible deal. They’ve been to countless auctions and understand the nuances of the Queensland auction process. Say goodbye to overpaying at auctions.
With their negotiation service, simply point us to the property you desire, and they’ll handle the rest. From inspections to negotiations and pre-settlement inspections, they’ve got you covered. If the property heads to auction, they’ll bid on your behalf at no extra cost.
Their comprehensive premium service offers end-to-end support. You’ll have a team of licensed professionals guiding you from start to finish:
Please note, that Rodney from Gold Coast Property Buyers has also kindly offered 20% off their above “full service*”. Use promo code “NZ to AUS” when submitting an enquiry here:
They strategize, connect you with property professionals, locate off-market gems, inspect, shortlist, negotiate, guide you through settlement, complete pre-settlement inspections, and even collect your keys on settlement day.
Choose Gold Coast Property Buyers for a seamless property buying experience. Your dream property awaits!
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If you’ve read the above content and the answer to your question isn’t there, please write a comment below and I’ll research the answer for you. Please note, if the answer to your question is in the content above, I will not reply. Sorry, I just get too many questions these days and I can’t keep up.