How to choose a buyers agent

How to choose a buyers agent 11 April 2023 Matthew Hughes Choosing the wrong buyers agent could prove a costly mistake, so it pays to do some research to ensure the agent you choose is best positioned to deliver your property goals and aspirations. The pros and cons of local specialists versus borderless buyers agents. In recent years there has been a proliferation of new buyers agents across Australia. You’d think this would be good for consumers, but that’s not necessarily the case. There are shortcuts that new entrants can take to join the industry and regulators seem unaware of the risks this poses for clients. The result is that it makes it very difficult for the average property investor to know how to choose a buyers agent. Of course, many buyers agents are excellent and provide an incredible value-add for their clients over and above the standard pitch of “saving you time and money and finding you off-market properties”. Different types of buyers agents Broadly speaking, you can divide buyers agents into two groups. The first are the “borderless”, often referred to as “FIFO”, or “fly in fly out”. These are “data driven” and decide on a location to recommend to their clients

Choosing the right buyers agent is crucial to achieving your property goals. You can divide buyers agents into borderless and local specialists, and it's important to find an experienced specialist who can identify high performing assets.

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