Buyer's Agent Services

 In very broad terms, buyer’s agents are licensed professionals who search, evaluate and negotiate the purchase of property on your behalf. Just like a real estate agent advocating for the seller, a buyer’s agent advocates for the buyer.

There are two types of services offered by us at Streten Property Group. The first type is a full service and involves the agent sourcing out potential properties and conduct searches and feasibilities according to your needs and negotiating the purchase of your chosen property, whether by private sale or auction. Choosing to get this full service from an agent may require you to pay either a flat fee or a percentage of the property purchase price.

The second type of service is a partial service and involves an agent negotiating the price and terms of a property or attending an auction of your chosen property and bidding on your behalf.

So, why use a buyer’s agent? 

Firstly, using their connections, they can provide you with early exposure and wider access to a range of properties, some of which may not even be advertised, giving you an advantage over others in the market.

Secondly, they can save you time and money. With the wide availability of tools and data taken directly from Federal, State and Council sources. They also have access to Private Enterprise data such as developers and town planners to assist you in making an informed choice when purchasing a home. The process of finding one that meets all your needs can still take up a lot of time, which is where having a professional doing the stressful work for you can be advantageous.

Thirdly, by using a buyer’s agent, you’re also investing know-how. Because they have a better understanding of the market and can identify up-and-coming areas, they will consider how to optimise your criteria based on their experience, helping you choose the right type of property that has good prospects of capital growth.

Lastly, having an objective professional to support you during the auction and negotiation process is one of the greater benefits of using a buyer’s agent. Not only are they expert negotiators, but they have extensive experience bidding at auctions. They won’t let their decisions become clouded by emotion, and will make the right bids for you at the right time.

So, What Does It Cost? 

Most agents charge a percentage of the properties purchase price like a sales agent for their services and can range from 2.2% to 3.3% and higher. There is typically an engagement fee associated with a buyer’s agent and can be from $1000 to $5000. 

Streten Property Group has a commission fee of 2.20% through to 2.75% depending on the complexity of our requirements and the engagement fee varies depending on which service you have us help you with but is $1540.00 to $2200.00.