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What to ask when engaging a Buyer’s Agent
What to ask when engaging a Buyer’s Agent 4 April 2025 Matthew Hughes SOURCE: REBAA Members Forum April 4, 2025 The Real Estate Buyers Agents Association of Australia (REBAA) has raised the alarm over the increasing influx of inexperienced and undereducated buyers’ agents, posing a significant risk to consumer protection. Sales agents have also voiced their concerns, highlighting the gravity of the growing issue. REBAA President Melinda Jennison said that the industry’s low barriers to entry and lack of specialist education leave property buyers vulnerable to costly errors. “The rapid growth of the buyers’ agent industry, while exciting, has also brought significant challenges,” Ms Jennison said. “This includes a lack of regulatory oversight and the prevalence of inexperienced operators who may have completed their real estate licence but know very little about buying property.” Ms Jennison said that the property market’s inherent challenges are compounded by the risk of hiring unqualified buying representatives, leading to potentially serious consequences for buyers. “Unfortunately, this can result in overpaying for properties or facing legal issues due to improper advice,” she ad
SOURCE: REBAA Members Forum April 4, 2025 The Real Estate Buyers Agents Association of… Read Article