Buy With Confidence

Australia’s premier industry association for professional buyer’s agents and advocates

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Definitive Guide For Buying A Property

REBAA is Australia’s Premier Industry Association for Professional Real Estate Buyers.

Australia’s premier industry association for professional buyer’s agents in Adelaide, Brisbane, Canberra, Hobart, Melbourne, Perth and Sydney.

Property Buyers

If you’re looking to purchase a new home, investment or commercial property, a REBAA accredited buyer’s agent can help.

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REBAA Membership

Join Australia’s leading professional body for property buyer’s agents and stand out from the crowd.

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Become a Buyer's Agent

Thinking about a career as a buyer’s agent?

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How others have profited from using a buyer's agent

It was actually quite a relief to have someone assist and guide us through the “buyers jungle”, particularly someone who was on OUR side! They communicated with us continuously throughout the entire process and we felt comfortable all the way – it genuinely took a lot of the stress out of purchasing an investment property. Most importantly we feel confident we have purchased a great investment for us and our family!

- Paul and Toni D
Nick was extremely well organized, always on time and delivered what he promised.
Not only did we leave with an investment property but Nick helped us in securing our own home for our return to Sydney – a challenge that we asked him to help during the last week of our one-month stay.

- Brian and Vicki Power
They were well researched, analytical, realistic, and impartial. I liked how they simplified the process and focused us on what was really important to us, and how each property met our criteria.

- Julian
We were looking to enter the Sydney real estate market as investors having spent many years abroad. We were referred a buyer’s agent who could help us with this task. As we were only in Sydney for a short time we handed him the challenge to locate an investment property for us before we returned overseas. Not only did we leave with an investment property but he also helped us in securing our own home for our return to Sydney.

- Brian and Vicki
The Edge Property Buyers were a crucial part of myself and my partner buying our unit in Epping.
They assisted us from the start to finish with processes, dealings with the mortgage broker etc. and gave damn good advice on where to buy.

- K. Perrello

What is a buyer's agent or a buyer's advocate?

Buying a new home or investment property is likely to be the biggest purchase you’ll make in your lifetime, so it pays to understand how the real estate game works.

If you’re just starting out, you probably haven’t heard of a buyer’s agent. Just like real estate agents who help you sell a property, a buyer’s agent, or buyer’s advocate as they’re also known as, is a licensed professional who works for you and acts on your behalf to search, evaluate and negotiate a property purchase. They aim to ensure you’re as fully informed as possible throughout the entire process, and that you don’t overpay.

Buyer’s advocates in Australia can offer either full or partial services to help you find the ideal property. Full service means the buyer’s agent manages the entire process for you, which includes:

A ‘wish list’ analysis to understand your requirements to determine your ‘needs’ versus ‘wants’
Searching available listings
Inspecting and shortlisting suitable properties
Evaluating recent sales data and providing a written appraisal
Overseeing and arranging due diligence such as building inspections, pest, survey and engineering reports
Negotiating the property purchase price and terms
Overseeing the contracts and exchange
Pre-settlement inspections
Settlement
Asset/property management/leasing

Why use a buyer's agent/buyer’s advocate?

Buyer’s agents are able to make the process of purchasing a property easier than ever for you. Some of the things they can provide for you include:

Interpreting the sales jargon
Accessing local knowledge if you’re relocating or purchasing in an unfamiliar area
Removing the emotion to ensure you don’t make an impulsive buy
Accessing more properties including off-market (silent listings) unlisted or pre-market listings before they’re advertised
Saving you money by securing your property quickly and at a lower price
Freeing up time that would have otherwise been spent searching the internet, calling agents and inspecting open homes every weekend
Eliminating stress

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Buyer's agent fees

Retainer/Initial Fees

Most buyer’s agents or advocates will ask for a proportion of their total fee to be paid upon signing the contract. This initial fee can range from $1,000 to 50% of the total fee payable. Often that fee is non-refundable, and sometimes a portion is refundable if the purchase does not proceed.

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Fixed Fees

Whilst many buyer’s agents do charge fees based on a percentage of the purchase price, they will often lock in a fixed price for your search. For example, if you’re looking at spending $1 million to $1.5 million, they may fix the fee, regardless of whether the property costs $1 million or $1.5 million.

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How do I choose the right buyer’s advocate in Australia?

We recommend choosing your buyer’s agent carefully. Selecting an agent or advocate who’s accredited by a buying agents association and as a result, is likely to influence you making the right purchase at the right price, saving you both time and money. The results achieved by a buyer’s agent will benefit you in the long-term and should amount to substantially more than the fee.

The choice of the best buyer’s agent for you also comes down to who you feel most comfortable with, as a good relationship is also important in achieving a satisfactory outcome.

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Whether you’re looking to purchase a new home or an investment or commercial property, it’s important to find the right buyer’s agent. Contact REBAA today to see how they can help you, and to stay up to date with all the latest news and buying tips.