Buyers Agency

Buyer’s agents (also known as ‘buyer’s advocates’) are licensed professionals that specialise in searching, evaluating and negotiating the purchase of property on behalf of the buyer.

They do not sell real estate.

Whereas real estate agents primarily represent the seller of the property, a buyer’s agent looks after you, the buyer.

What does a buyer’s agent do?

A buyer’s agent generally offers two types of services:

1. The full service sees them search out properties meeting their client’s criteria and negotiate the purchase of the property ultimately chosen, whether by private sale or auction. They may look for one specific property, or an entire portfolio, depending on your needs.
2. Buyers may also engage buyer’s agents purely to bid for them at the auction of a property they have found for themselves.

How much does it cost?

Some buyer’s agents charge an engagement fee before they begin the search for a home. Users of the full service can expect to pay a flat fee or a percentage of the property purchase price.

Using a buyer’s agent to bid at auction, meanwhile, carries a lower fee as there’s much less time involved.

Investors should note that the cost of using a buyer’s advocate is generally tax-deductible when purchasing an investment property.

Why use a buyer’s agent?

Some buyer’s agents have access to a wider range of properties that you may not ordinarily be exposed to (some may not even be advertised). They will utilise their network to connect you with focused opportunities, often ahead of others in the market.

Having a professional seek out a property that meets your needs can save you countless hours, shortlisting efforts and stress. Your weekends are freed up to attend inspections and focus only on the properties with a great chance of ticking your boxes.

Though there’s an increasing array of tools and data out there to help you make an informed choice when buying, it still takes valuable time, and if you can outsource that work to someone working in your interest, why not?

At MC Mortgage Solutions we have a long standing relationship with Property Pursuit. Property Pursuit is a professional, independent Property Advisory and Buyers’ Agency with an in-depth local knowledge of the Brisbane property market. They have a proven track record of helping home buyers and property investors find the right property for their needs and financial goals.

Property Pursuit can help with every stage of the buying process; research and acquisition, management of investment properties and the selection of an expert selling agency when it is time for you to upgrade or move on from your property. We work side by side with them to closely manage the process to ensure that nothing slips through the cracks.