If you’re looking to enter the Sydney property market, you need a buyers agent by your side. Buyer’s agents are professionals that can help find off-market properties, choose the right investment property for your needs, and even help with the negotiation process with other real estate agents.
This is why finding the best buyer’s agent in Sydney is essential in the modern real estate market.
But what makes a top-tier buyer’s agent?
The answer can be quite complicated, but we’ll get to the bottom of it in this article. If you want to learn the qualities of a good Sydney property agent for the Sydney market, you’ve come to the right place.
Let’s get right into it.
Do You Need a Buyers Agent in Sydney?
A good Sydney-based buyer’s agent is essential if you’re buying a new home or investment property in the beautiful Emerald City. Property buyers in the area have endless options to choose from when buying property, and choosing the perfect property for your needs is tough.
On top of that, you might not even find the right property when searching through the property market on your own. That’s why property buyers and home buyers alike would benefit greatly from a good buyer’s agent that can represent their best interests in the market.
Sydney buyers agents are experts in the real estate industry in the area. They have a wide network of real estate professionals, lawyers, property managers, and more, which gives them an upper hand when searching for properties and negotiating the best price.
So, you don’t want to miss out on hiring one for yourself to ease the property-buying process in Sydney.
How to Find the Best Buyer’s Agent in Sydney
The reasons why you need a buyer’s agent in Sydney are pretty obvious. However, finding capable buyer’s agents that are ready to help you find the best properties, negotiate the best prices, and represent you in the market is a different story.
Since there are many agents in the market who are more than ready to offer their services, choosing the best buyer’s agents in Sydney can be tough. So, here are some tips you can use to help you find an agent that perfectly fits your needs!
Prioritise Local Knowledge
Firstly, we highly recommend looking for agents with local market knowledge. Since Sydney is a massive market, you need professionals that know the ins and outs of Sydney so they can always guide you toward the best path.
An agent who knows the local industry can find you off-market properties, negotiate the best price with the selling agent, and facilitate the whole process, making it much easier for buyers. Remember, property investment is all about understanding where to put your money. And if you have a Sydney buyer’s agent with local knowledge, rest assured that you’ll put great assets in your property portfolio.
Look for Buyers Agents with Wide Connections
Most of the time, being a buyers agent isn’t about what you know; it’s about who you know. While it’s great to be knowledgeable about the local market, having a wide network of connections is invaluable in the industry.
While it seems massive, the Sydney real estate market is quite small. So, most buying and selling agents are familiar with each other. And if you find an agent that has a wide market, then you can trust that your property search will be much quicker!
Hire a Buyer’s Agent That Will Stick With You for the Entire Process
You want your buyers agent to be with you from when you look for properties to when you seal the deal.
Being a buyers agent isn’t just about finding suitable properties. It’s about making sure that the buyers are completely satisfied and have a much easier time when they purchase property in the area.
Some agents only stick with you and give property advice during your location hunt and leave right away. If you want a top-tier service, your agent should stay by your side every step of the way.
Look for Buyers Agents that Specialise in Different Properties
There are many types of property you can purchase in the Sydney market. For example, you can purchase a new family home, an investment property to make passive rental income, or commercial real estate that you can further develop down the line.
Regardless of what type of property you’re buying, it’s important to find a buyers agent that understands that specific market. For example, commercial buyers agents can be great at finding investment properties but won’t have the right connections for a residential home.
So, during your search for the best person to help with your property purchase, look for property buyers agents that specialize in different fields. You can also read about Inspect properties before you buy by clicking here.
Qualities of a Good Buyer’s Agent
Property investors need to take care when choosing a buyers agent, Sydney. Remember, these are the people that will talk to and negotiate with the real estate agent to seal the deal. So, you shouldn’t take choosing the right candidate lightly.
So, here are some qualities of a good buyer’s agent that you need to look out for, especially when looking for a professional in Sydney.
- Great negotiation skills
- A good attitude
- A good working relationship
- Experience
- Local knowledge and reputation
- A wide network of Aus property professionals
- Dedication
How Much Is a Good Rate for a Buyers Agent in Sydney?
Another major consideration when looking for a buyer’s agency or agent in Sydney is the price. That said, different agencies and professionals use different pricing models for their services. For example, some agents may charge you a percentage of the final property price that is usually between 1.5% and 3%.
However, other agents charge a fixed fee between $7,000 and $20,000, with the average floating around $12,000. And while you have to pay for a buyers agent, they will help you purchase property sooner and at a great purchase price.
Conclusion
You want to make sure to go to a buyer’s agency worth the price. It might take time to weed out all the options, but trust us when we say it will be worth it. So, keep these in mind when finding an agent for your needs, and trust that you’ll find one that perfectly suits your needs.
