Property Buyers Advocate

[chappy1970]

Any forum members have any experience using a buyers advocate to buy property.Good, bad or indifferent feedback welcomedPeace

[Peppas]

Advocate, or a buyers agent? They are different beasts...

[Captain Nemo]

Lucastro or Davepuppies would be best to chime in here....

[Lucasto23]

We deal with Buyers agents in QLD never run into an advocate yet. Most are good some are Poo and even bought some house sight unseen which is always a giggle. Handy if buying at Auction as it takes the emotion we are hoping for out as well

[PerryGroves]

Chappy, just sold my house through a buyers agent and a friend just bought a house using one, she is very positive about the experience.

Post my sale I need to buy something and being the knob I am I'm worried that in a flat/falling market I shoot myself in the foot and let something go that is "value". So I'm thinking that if these punters work on a flat fee and they are any good they might be able to convince Lucastro23 to part with the property at lower than I can work.

[Lucasto23]

Chappy, just sold my house through a buyers agent and a friend just bought a house using one, she is very positive about the experience.

Post my sale I need to buy something and being the knob I am I'm worried that in a flat/falling market I shoot myself in the foot and let something go that is "value". So I'm thinking that if these punters work on a flat fee and they are any good they might be able to convince Lucastro23 to part with the property at lower than I can work.

We work people up in QLD mate

[Peppas]

Advocates are usually the ones that don't charge you any fees as their money is coming from developers and the rest of the team, ie the iron fish model where they set you up with solicitor, accountant, broker, property manager all on their books for your new off the plan property.

[davepuppies]

What is the purpose of the purchase? Owner occupied or investment?

Are you buying local or interstate?

What is the supply / demand like in that market?

These are all important questions before you decide to engage a buyers agent.

[Yossarian]

Good value to be had in apartments

[davepuppies]

Good value to be had in apartments

Where do you work again Yoss?

[Yossarian]

Supa IGA.

[davepuppies]

Supa IGA.

Could very well be true if you haven’t written any GCI.

[Yossarian]

Good cracking interiors?

[thecollective]

Good value to be had in apartments

especially when they start peeling concrete, superb investment when nobody wants to rent your place for fear of collapse

[Yossarian]

Buy high, don't cry. Words to live
By

[PerryGroves]

Buy high, don't cry. Words to live
By

Thanks for the encouragement Yoss, I will probably hold onto that 4 bedder in Karratha

[3oneday]

Haha, yep, for another 15 years or so.

[chappy1970]

What is the purpose of the purchase? Owner occupied or investment?

Are you buying local or interstate?

What is the supply / demand like in that market?

These are all important questions before you decide to engage a buyers agent.

Dave this is for an investment,
More than likely local,
The market always flattens out in Winter in Melbourne, so the the supply tapers off in the colder months, but so does the buyer interest,

I know the market well enough in Melbourne, just don't really have the time to go in search of

[markTHEblake]

Advocates are usually the ones that don't charge you any fees as their money is coming from developers and the rest of the team, ie the iron fish model where they set you up with solicitor, accountant, broker, property manager all on their books for your new off the plan property.

If looking to buy investments on the Gold Coast definitey go through one of these advocates that do all this stuff for you. So many sharks in the market down here, you dont want to get ripped off by them (just ask the advocate).
Their service will only cost you $50-100k, but they kindly hide that into the purchase price to make it convenient to deal with.