Your time is valuable – Use a buyer’s advocate

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Finding your next home can be a painstaking process. Not everyone considers the time it can take. Recent numbers have shown that the average Australian takes more than six months. If you knew your property search was going to take this long would you try and speed it up? If you answered yes to this question then we’re sure you’re keen to find out how. 

We can offer all sorts of tips and tricks such as looking for off-market properties. But what if we told you there was an easier way that didn’t take up so much time and effort on your behalf? It sounds too good to be true. But there is a realistic option that’s becoming more popular today. We’re talking about using the professional services of a Buyer’s Advocate. 

Why does buying property take so long?

More numbers show exactly how much time people are spending when it comes to finding a home. Over those six months of looking you could be spending up to 12 days travelling to view properties. That’s close to 300 hours of travel. That’s just for an inspection! That’s not even including the time you spend looking online and calling real estate agents. 

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Online research

Online research can also take many hours out of your day. Websites like realestate.com do make things easier. But there’s a lot of in-depth checks such as comparing neighbourhood amenities. You might want to compare the schools, shopping centres and medical clinics of different suburbs. It all depends on your needs as a couple, single, or young family. 

Attending inspections

It may not seem like much when you start attending 15-20 minute house inspections. But if you’re doing at least 5 inspections a day it can really start to add up. Think of all the time it takes to travel between the houses too. House inspections are usually a full-day commitment. You will find some inspections take place on weekdays after 5 pm.  But even these can be hard to get to. Not everyone can escape the annoyance of peak hour traffic or leave work early just to attend a house they might not get.

Negotiating

After doing all your research you may be ready to put an offer on a house. But don’t assume it’s smooth sailing from here. Bidding at an auction or putting in an offer rides on your timing and the tactics used. A Buyers Agent knows the right time to put in that final bid. They’re also familiar with the tactics that real estate agents use to jack up prices. A Buyer’s Agent knows how to tell when you’re in the box seat to win a bidding war. They can also advise you on when it’s time to pack it in and resist bidding before the price of a house gets too high. 

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Save yourself time and money with a Buyer’s Agent

A Buyer’s Agent isn’t just there to save you time. They can help you save money too. Sometimes a bidding war can drastically increase the sale price of a property. By backing out of an auction for you, a Buyer’s Agent could be saving you thousands. 

Giving up on a house you emotionally invested in can be heartbreaking. But there’s always going to be other options on the horizon. There could be similar houses going up for auction that end up going for cheaper. So don’t be afraid to trust the process when it comes to Buyer’s Agents. At the end of the day, they’re looking out for your best interests. 

Do you have a strategy in place when you go to house auctions? Many people looking to buy a property don’t. A Buyer’s Agent will always approach an auction bid or an offer with some strategy in mind. They’ve participated in hundreds of auctions before. They know how to anticipate what other bidders will do. They also know what strategies to use at certain times. 

Looking for more tips on property buying? Head over to Wiserealestateadvice.com.au today.

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