Frequently Asked Questions

As buyers advocates we have in-depth knowledge of the real estate market and a great understanding of investment grade locations. We are able to advise what areas have performed well and will continue to do so, we have a proven methodology and this is backed by data. There is a comprehensive checklist completed to ensure that the property is superior.

No, buyers agents are not exclusively for higher budgets and price points. Buyers agents cater to clients from all backgrounds and financial positions, working with them to source and purchase the right property that fits their requirements and budget. Austin Buyers Agents serves a diverse range of clientele, providing expert guidance and assistance throughout the buying process. 

Who We Work With

• First Home Buyers
• First time & Experienced Investors
• Time Poor Professionals
• Home Buyers
• Upsizing / Downsizing Property Buyers
• Relocating Buyers
• Expats & Foreign Property Buyers

Properties Austin Buyers Agents Purchases 

• Houses
• Apartments
• Luxury Homes
• Acreage
• Duplex
• Terraces
• Villas

Yes! A buyers agent works exclusively for the buyer within the property transaction and will provide the purchaser with guidance on what to offer and how the process works. Austin Buyers Agents works closely with a team of professionals such as solicitors, mortgage brokers and building & pest inspectors to ensure you have the best people on your side throughout the purchase. 

A buyers agent will liaise directly with multiple real estate agents so that you don’t have to. Austin Buyers Agents streamline the property buying process saving you time and money. While most people will only buy or sell a property once or twice within their lifetime a buyers agent assists multiple clients with their home buying and investment property purchases. 

There are many benefits of using a buyers agent when looking to purchase a property. A buyers advocate will work on behalf of the purchaser to ensure a positive and stress free property buying experience. A buyers agent is able to provide professional guidance and our expert opinion when purchasing a home or investment property. 

Access to a larger range of properties

Saving you time + money

Leveraging our knowledge and expertise

Removing stress and hassle from the process

Providing guidance and navigating the entire buying process

When choosing a buyers agent it is important to understand the fees associated with their services. Each buyers agency fees vary, it is usually based on a percentage of the purchase price or a fixed fee. 

Our Fee Schedule

Austin Buyers Agents pricing model is a fixed fee structure, meaning that the buyer does not pay a percentage of the purchase price. Our buyers agent fees are clearly outlined up front and remain the same throughout your agreed upon budget. 

When it comes to purchasing a property, a buyers agent can be an invaluable asset to have on your side. We have extensive negotiating skills and the ability to save property buyers thousands of dollars.  When you consider the potential savings, the buyers agent fees associated are minor in comparison to the price you could have paid for the property without expert guidance. 

Austin Buyers Agents goes above and beyond to ensure that you find the right property for the right price. We conduct a thorough analysis and research on both the property and surrounding areas to ensure you don’t overpay. As buyers agents we also complete in-depth due diligence on the property making sure that any risks are identified prior to proceeding with the property purchase. 

Sydney Buyers Agent Fees

Austin Buyers Agents in Sydney believe in providing competitive and transparent pricing for our services. We offer a range of tailored service options to fit your budget and requirements. Whether you’re a first-time buyer or a seasoned investor. From our property buying services to specific consultations or negotiation support, we provide flexible options that cater to your budget while ensuring you receive expert guidance and support throughout your property journey.

Our buyers agents are committed to delivering value for your investment. By engaging our services, you gain access to expert market knowledge, industry insights and skilled negotiation strategies. We assist in identifying the best properties, conducting thorough due diligence and negotiating favourable terms on your behalf. Our goal is to provide exceptional service and an unmatched advantage that maximises your return on investment. Saving you time and effort in the property buying process.

A buyers agent and a traditional selling agent are separate entities and two different roles within a real estate transaction. If any agent claims to work both sides of the transaction or has affiliations with a real estate/ sales office this is a huge red flag. Some real estate agencies claim to have a buyers agent within their office, however, I see this as a major conflict of interest and an ethical issue. In Australia, by law an agent is not allowed to represent or receive commission from both parties involved in a transaction.

Buyers Agent:

A buyers agent exclusively represents the interests of the property buyer during the real estate transaction. A buyers agent’s responsibility is to help source suitable properties, complete due diligence, negotiate and navigate the purchasing process. A buyers agent works on behalf of the buyer to ensure the buyers needs and requirements are met along with achieving the best possible price and terms for the buyer. A buyers agent provides a third party, unbiased opinion.

Selling Agent: 

The Listing agent or selling agent represents the interests of the vendor (seller) within the real estate transaction. A real estate agent’s main role is to achieve the best possible price and outcome for the seller and assist them throughout the sales process. Although a lot of buyers assume that the selling agent is also working for or helping them, this is a misconception. The selling agent is paid by the seller and is enlisted to solely be their representation.

An off market property is a real estate listing that is available for sale, but has not been publicly listed or advertised online such as property portals and print media. Off market properties are usually marketed through networks or directly to potential buyers such as buyers agents.

There are multiple reasons why a property owner may choose to sell their property off market such as:

– Maintaining Privacy
– Time Constraints
– Personal Circumstances
– Exclusivity
– Avoiding Media Attention or Unwanted Visitors

Another reason why vendors choose to sell their property off market is to test the market prior to listing their property publicly. In some cases a property owner might want to see what interest their property has gained with buyers prior to committing to marketing costs and formally listing their property for sale.

Off market properties can be a great option for buyers who may be looking for a unique property or a rare property that is not available and listed publicly. Working with a buyers agent who has strong relationships and gains access to off market properties and pre market properties can be an excellent opportunity and benefit the buyer in multiple ways. Off market properties can offer benefits to buyers such as reducing competition that exists when publicly listing a property for sale. Additional advantages of off market properties include:

– Exclusive access to properties

– Increased privacy and discretion

– Potential for a faster transaction

– Reduced competition

If you are interested in how Austin Buyers Agents can benefit you, take a look at our services. 

Yes, a buyers agent is the same as a buyers advocate. Both are licensed real estate professionals who work exclusively for the property buyer within a property transaction. A buyers agent or buyers advocates job is to provide advice, guidance and expertise to the buyer. They also assist in sourcing properties that meet the buyers criteria and budget, developing a property strategy and negotiating the purchase price and terms on behalf of the property buyer. Just as a vendor will enlist a real estate agent to work on their behalf, Austin Buyers Agents work exclusively for you the property buyer. 

Austin Buyers Agents are expert negotiators. We have a thorough understanding of the property buying process, 7 years experience within the real estate industry and are able to use these skills to our advantage giving our buyers the upper hand. As buyers agents we spend every day in the real estate market and are constantly negotiating on behalf of our clients for both home buyers and strategic investing. 

We complete an extensive due diligence process on each property that we purchase and will help you avoid common mistakes by providing advice and guidance throughout the property buying process. Austin Buyers Agents have strong attention to detail and are able to identify superior properties in great locations.

We have great relationships with real estate agents and are presented with off market and pre market properties.

An engagement fee is an upfront fee paid to the buyers agent to cover the initial costs associated with starting the property buying search and commencing work with our clients. 

This is a small fee and is a portion of the total buyers agent fee. Meaning there are no hidden costs associated and no extras charged. This is clearly outlined to our buyers in our fee schedule.

A success fee is the payment made upon completion of the property purchase. Our buyers agents fees are broken down into two payments. The first part is paid upon engagement and the remaining fee is paid upon completion of the contract.

No, we do not accept payment from any parties within the transaction. We solely work on behalf of the buyer and represent their interests. The only payment is received by the buyer.

The time it takes to source a property through a buyers agent can vary depending on your brief, services required and market conditions. Some property buyers find their home or investment property quickly, while others may take a few months to find the right property. 

A property buying agency serves as your advocate in the real estate market, aiming to discover properties that precisely match your criteria and negotiate the most favourable terms on your behalf. With an extensive network of contacts, including off market listings, they offer access to a broader selection of properties beyond your independent reach.

AUCTION PREPARATION

As a prospective buyer, conduct thorough research on the property and the local real estate market. Review current listings, recent sales data and comparable properties to determine the property’s value.

Attend open homes and arrange private viewings to inspect the property physically. This step allows you to assess the condition of the property and identify any potential issues.

Seek advice from a solicitor or property conveyancer to review the contract and ensure you understand the terms and conditions. Amendments may need to be made to the contract, this needs to be done prior to auction day. Ensure you have spoken to your broker or bank to organise your finances and get pre-approved for a loan if needed.

To participate in the auction, you must register as a bidder. This involves providing identification and signing a bidding registration form.

AUCTION PROCESS

The auctioneer will begin the auction by introducing the property and explaining the rules of the auction. They will then invite bids from the attendees.

AUCTION BIDDING

If you intend to bid, make your intentions clear by signalling to the auctioneer. Bids are typically made in increments and the auctioneer will announce each new bid.

WINNING AUCTION BID

The highest bidder who surpasses the reserve price (the minimum price the seller is willing to accept) will secure the property. The auctioneer will declare the property “on the market” when the reserve price is reached, indicating that the property will be sold to the highest bidder.

POST-AUCTION

These are all of the steps that take place once the auction has finished.

SIGNING THE CONTRACT

If you are the successful bidder, you will be required to sign the auction contract and pay the deposit immediately after the auction.

SETTLEMENT

After signing the contract and paying the deposit, the settlement process begins. This is when the balance of the purchase price is paid and ownership of the property is transferred to the buyer.