Buying Agents - Do you need one?
Jun 12, 2019 - POSTED BY Monique Halloran - Property Search
So why on earth when we have incredible property portals like rightmove and zoopla who advertise a huge number of properties as well as showing you previous sold prices and estimating the current value, would you need a buying agent. I’m obviously bias but here’s why:
For most people whether you are buying a residential home for yourself, an investment property or a commercial space, that purchase will be one of the biggest in your life time. So when we live in a country where estate agents are effectively selling agents, as they are instructed, paid for and are working for the seller, why would you not instruct an experienced expert to help you source, negotiate and manage that purchase? Would you sell your house yourself?
Off Market Opportunities
Ok so we’ve all seen properties being marketed ‘off market’ but how many people do you actually know who have sourced a property that had never been accessed or seen by anyone else. I have, my clients. It’s not easy, and it’s not buying houses that are being fully marketed as off market opportunities, it’s that opportunities are brought to buying agents long before sellers or agents have even thought about marketing them to the public.
It seems crazy to me that when parting with sometimes decades worth of earnings that so many simply can’t invest the time needed to properly execute a property search but hesitate in hiring an expert to do so on your behalf. There is so much more to buying a property than simply viewing and finding one you like, and so often opportunities are missed either by never seeing them, by poorly negotiating them or lastly by not navigating the deal successfully through to completion.
Don't take my word for it though, here are some recommendations from both clients and agents I have worked with over the years. I think it’s important to consider both, as those relationships with the estate agents could make the difference in who they call first when that off market opportunity presents itself.
"Anna was a pleasure to deal with from start to finish. Anna gave me a clear and achievable brief; checked through the options I sent, came back to me with comments and made an appointment to see the shortlist.
She reported to her client and in turn reported his feedback & made an offer. She negotiated hard and a price was agreed with honours even and performed within the agreed timeframe. That the client was happy to offer unseen, solely on the back of Anna's photos and report speaks volumes. Having experienced first hand Anna's professionalism I can see why. Given that the vendor was moving within the building both he (& I) appreciated the discretion and sensitivity that Anna demonstrated from start to finish. Anna did what she had promised, how she had promised, as she had promised. What more could be asked?"
Nicholas Spencer - Henry and James
“Anna was an enormous help to us in finding an apartment in London for our son, who was planning to attend graduate school there. At the time of our search, Andrew was still living in South Korea and we live in Bermuda, so there was no easy way to look for accommodation. Having Anna videotape possible properties was such a relief; she listened carefully to our needs and ultimately located the perfect place. She is a consummate professional.”
Grant and Kathy Gibbons
'As an agent it was refreshing to deal with Anna from Spiering and Co. Anna acted in a professional and proactive way which enabled the whole sale process to run smoothly for both her client and our vendor. I look forward to dealing with Anna again in the near future'.
Leigh - Knight Frank
Having outlined my requirements, Anna provided me with a selection of suitable properties very quickly. Her use of video and her description of the properties made the decision process convenient for an overseas buyer. Thereafter, her skill in negotiating and completion, made the whole experience very efficient. I would have no hesitation in recommending her services.
J. S. Bermuda 2013
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