The Assets & Liabilities of Buyer's Advocates

by Jamie Dawson Marketing Manager

Buyers' agents were rare a few years ago though the rising appetite for auctions and highly competitive open homes have transformed that. Time-pressed buyers feel exhausted when they spend weekends looking out for the properties. Thus, they started hiring buyers advocates to help them searching home, correspond with real-estate agents, and negotiate a sale.

However, hiring the buyers advocates in Melbourne has its fors and againsts. Let us understand and avoid falling for the cons.

Pros:

• The buyer's agent knows the benefits and setbacks of purchasing a property at places that yield benefits.

• They run an adequate investigation on some properties and make sure there are no structural defects to cost finances eventually.

• They let you avoid making decisions emotionally while overlooking flaws if the property is appealing.

• Most of all, they help you save time as they do all the legal procedures on your behalf.

• They are skilled at negotiations to make a good deal.

Cons:

• Buyers agents usually charge five-figure charges and appear pricey.

• If the communication goes wrong, the buyers advocates may choose unsuitable properties for you.

• Some customers will feel awkward purchasing a property that they have not reviewed.

• There are buyers advocates in Melbourne without a license and may charge a lot higher compared to the service they can offer.

• You may end up paying high, and they won't even justify the fees.

• Buyer's agents sometimes look salesy while recommending properties but turn over their clients.

• They periodically fail to negotiate an agreement in the purchaser's favor and work as if they are working for sellers.

• They could be spruikers pretending to be buyers' advocates and charging them but working for the seller and earning a commission from them.

Unfortunately, many busy buyers fall into the traps set by these agents. Do not worry! The Business Buyers Advocates & Agents are always there at your rescue.

Why choose BBAA?

We, at BBAA, are an exclusive agency assisting and supporting buyers to buy the right property concerning price, clauses, and agreements. We are a leading Business Buyers Advocacy firm in Australia,

• Dealing with all, irrespective of the business types and industries

• Find the perfect business at a suitable price on the ideal terms

• Search, survey, and negotiate on the buyer's behalf

• Provide support throughout the purchase process through till settlement

• Assign a personal business manager for buyers

• Verify shortlisted businesses for accuracy and keep you updated

BBAA are buyers' agents. Our motto is to help you find the right property that meets your demands and is within the budget that you have proposed.

Connect with us and have dedicated buyers advocates by your side.