How Do You Choose a Buyers Agent (and Do You Actually Need One)? | first home buyer, buyers agent, a good buyers agent, property investing, choosing a buyers agent, property in Australia, how to buyers agent, what is a buyers agent

Seeking the help of a buyers agent is a great way to secure a successful property purchase. But things could go completely the other way if you fell for a buyer's agent who does not have enough integrity, competence and experience to protect your interests.

Today, we're going to address the questions: how do you choose a buyer's agent? and how do you know if you really need one? We dig into the types of buyer's agents that you should hire or avoid and the important aspects that you should consider when hiring one.

If you enjoy this episode, do give us a like, share it with others who you know will benefit from the show and subscribe to the podcast! We have loads of resources available and if you'd like to talk with us directly, send us an email at [email protected]!

See you on the inside!

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Episode Highlights:

• Brief background on the buyers agent industry [01:53]
• Make sure your agent is exclusive [08:41]
• Agents who pitch themselves as off-market specialists [10:22]
• Is your agent an order taker or an advisor? [13:01]
• The good deeds property under bidders [16:25]
• Agents who will not tell you what you want to hear [21:07]
• 'Deal' is a word that we don't talk about [25:16]
• Agents who try to be everything to everyone [26:36]
• Gray areas you should watch out for [30:15]
• Talk to sales agents [34:18]
• What's their policy on competing briefs? [35:40]
• How are their percentage models? [36:53]
• Ask them about the time they recommended not to buy [38:38]
• Questions to ask yourself [40:04]
• Team structure and systems are important [41:40]
• Know how their past clients' properties performed [44:20]
• REBA membership [45:16]
• Agents who understand your needs [46:57]
• How will they advise you? [49:06]
• When should you seek the help of a buyer's agent? [51:27]

Links from the Show:

• Our courses
• Auction Read: How to Buy Property at Auction Even Though You're SCARED S#!tless
• Your First Home Buyer Guide
• Check out Episode 24 where we gave an auction master class
• Tune in to Episode 30 titled "Where Do You Start with Due Diligence?"

If you enjoyed today's podcast, don't forget to subscribe, rate and share the show! There's more to come, so we hope to have you along with us on this journey!

Learn how to buy your first home without making avoidable mistakes.

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Co-Founders

Veronica Morgan & Meighan Wells

Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.

Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!

Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.