Why you need a Buyers Agent, Melbourne home buyers secret weapon.

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Buying a home is exciting and can be a time of pleasure and achievement. But sometimes without the best professional advice, the process can burn up a lot of time and energy. And worry can take a toll. A Buyers Agent solves this.

Selecting, and even more importantly, finding the perfect property comes down to knowing what you need and what you can afford. Plus what’s going to be on the market in the period you’re ready to purchase. Sellers have real estate agents working and negotiating for them. You also have to compete with so many other keen buyers. So is the market stacked against you? Yes it is. So it’s not surprising so many people opt for having a Buyers Agent on their side. It’s a good feeling knowing you have an experienced professional going in to bat for you.

What does a Buyers Agent do for you?

A Buyers Agent is paid to work for the buyer or home purchaser. They are a licensed estate agent working for you and protecting your own interests. They help you buy what you need, at the best possible price and on the best terms they can get for you, all the while providing unbiased advice.

Why pay a fee if you can do this work yourself?

It takes a lot of experience to do this work more effectively. When you do it everyday as a living you know every tricky issue that might arise. And how to make the circumstances of the sale work best for you, the buyer.

A quick list of benefits includes:

The Buyers Agent’s research saves you money – they know exactly what’s happening in your property market right now.

Their skill reduces your stress. They take the nerve-wracking aspects out of the process. They do the footwork and research and handle a lot of the exhausting parts of the procedure.

Their experience saves you time. You will not have to sacrifice weekends, sometimes for months on end.

Their network of industry contacts gives you broader options. They are likely to hear about listed properties sooner and can access the off-market sales that some buyers never find out about.

So shouldn’t everyone use a Buyers Agent?

In fact, in many overseas markets most people do. In Melbourne and Sydney the popularity of Buyers Agents is growing and it’s estimated 1 in 5 buyers are now engaging one, or are seeking independent professional advice.

Why don’t selling agents help buyers just was well?

Because a selling agent has to act in the best interests of the seller, who is their client.

They certainly do not, and should not, work for the buyer. We are aware some Melbourne real estate agents would like to have it both ways but clearly, there’s a conflict of interest. And guess who gets the disadvantage?

How do I locate a good Buyers Agent?

You need to choose carefully because they are not all the same. Your Buyers Agent should have these qualifications:

i. Is the Buyers Agent a fully licensed real estate agent?

ii. Does the Buyers Agent have up to date professional indemnity insurance?

Without this, if something unexpectedly goes wrong with your property purchase you’ll have no recourse.

iii. Is he or she a dedicated Buyers Agent?

And he or she is not just a division of a real estate agency, or also works on the other side i.e. acts as a vendor advocate.

iv. Does the Buyers Agent specialise in the geographic location and the value range you are looking at?

v. Does the Buyers Agent have access to off market sales?

Melbourne’s best and most long-standing Buyers Agents have years of personal relationships with the real estate agents in the area you have focused on. Sometimes agents have properties for sale that are not promoted to the general public.

How much is a Buyers Agent fee?

Most Buyers Agents generally charge an engagement fee of $1,000 to get the ball rolling which should be rebated back to the client after a successful acquisition. Plus there is a success fee when the right property is found and negotiated for you. This is sometimes a fixed fee, or a percentage of the home purchase price.

i. The fee should cover all services they conduct on your behalf including:

All referrals to finance and legal professionals
All the searching for a property and meetings with real estate agents
Use of the Buyers Agents research databases
Valuation of properties using comparable sales data
Communications to your finance broker, accountant, or solicitor
Arranging due diligence checks like organizing a Building & Pest inspection
Checking final contracts
Pre-settlement inspections

So when thinking about buying a home, consider the benefits of having a Buyers Agent, the ‘secret weapon’ working on your side, working for you and getting the best possible deal for you, the buyer.

Buyer Marketing – Melbourne’s most experienced buyer advocates are your winning edge in property buying.

Google Reviews

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Gail Lobo profile picture
Gail Lobo
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Peter's knowledge and expertise were invaluable when purchasing my first home. He guided me through every step and kept me informed regularly, which made the process easier and less stressful. I felt supported and in good hands throughout. Everything fell into place within a few weeks, quicker than expected! I would highly recommend Peter and his services.
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Charlotte St John profile picture
Charlotte St John
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Peter Fox is an outstanding buyer’s advocate. I am so glad that I hired him. It was incredibly helpful to have someone so experienced in real estate navigate the ins and outs of buying a home on my behalf. He achieved the result I was looking for in record speed, and took the stress out of everything. Thank you Peter.
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Colby Hart profile picture
Colby Hart
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Peter was a fantastic buyers advocate - identified and negotiated our dream home for us extremely quickly. Couldn't recommend higher.
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Beatrix Neville profile picture
Beatrix Neville
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I had an excellent experience working with Peter in purchasing my first home. Peter has a calm demeanour and is a clear communicator - never once did I feel stressed, pressured or uncertain of where I was in the journey or what the next steps would be. Peter understood me and my brief, selected quality properties to inspect and took me through off-market properties to compare. Within 3 weeks of contracting Peter we secured the perfect place. I am absolutely thrilled with my purchase, and believe I would have missed out on the property without Peter's rapport and expertise in communicating with Real Estate, and then guidance once the negotiation process started. Peter made the process of finding a property so fun and exciting that I was almost sad when it was over! Thanks Peter!
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Jean-Pierre Eid profile picture
Jean-Pierre Eid
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We engaged Peter Fox for bidding and negotiating, hands down one of the best decisions we ever made. He was clear and comforting ahead of auction and on the day witnessing Peter go to work was awe inspiring. Having done his due diligence beforehand, he was quick to assess a sizable field of interested parties and surgically execute a winning strategy securing for us our dream home. All that aside Peter was empathetic and understood our worries and motivations while also demonstrating strong discipline and an ethical approach throughout. Thank you Peter Fox
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Jessica Fagioli profile picture
Jessica Fagioli
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Peter is nothing short of a real estate king. I engaged Peter because I was looking at buying a specific house in a very competitive area, and which was being sold under a complex set of circumstances. Before even formally engaging him, Peter had gone to see the house in question, had spoken to the real estate agent, and had a good idea of what we were working with. From that moment on, I knew I was in safe hands. Peter was always available to alleviate any concerns and answer any questions, and when he wasn’t in a position to know the answers, he knew exactly how to get them in a prompt manner. Peter established a strong rapport with both the vendor’s solicitor (which ensured my lawyers and I were comfortable with the state of affairs before auction day) and the selling agent (which was critical to my ultimate success at auction). I cannot even begin to describe Peter’s mastery on auction day: there is no way I would’ve succeeded had he not been there. I cannot recommend Peter highly enough. Infinite thanks to you, Peter!
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patty goodman profile picture
patty goodman
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I purchased an investment property through Peter and he made the process so easy and stress free. I saved so much time being able to work while he inspected multiple property’s and negotiated a good deal for the right one. Highly recommend this bloke!
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Peter Mallen profile picture
Peter Mallen
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Peter Fox from Buyer Marketing helped us buy a property in Vermont South recently. We have been looking to downsize for some time and, honestly, are fairly fussy with our criteria. So when a house came along which ticked many of the boxes for us, we enlisted Peter's help to negotiate with the agent and to get the deal across the line. Peter was friendly, approachable and professional throughout. His knowledge and experience of the real estate market and the buying side in particular meant that we could leave the conversations and timing of offers to Peter. We were able to secure the property we wanted at a price that met our budget and met our criteria. So we are very grateful for Peter's advice, assistance and good communication throughout the process.
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Peter Villinger profile picture
Peter Villinger
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With Buyer Marketing’s Peter Fox I was in good hands from the beginning. An initial meeting with Peter set me on the path to a successful purchase of a property. This was an informal chat whereby he was able to understand precisely what my requirements were.From there the process was clear and efficient, Peter explaining not only what he would do but also how and why those were his strategies.Regular updates and the knowledge that he was up for a chat anytime was most reassuring. Peter V
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James Ireland profile picture
James Ireland
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Peter provided us with deep knowledge of the local areas, the real estate market and contacts within the industry that allowed us to quickly purchase a property that suited us perfectly. He gave us calm and thoughtful recommendations and was there for us at every step. He gave us insights we would not have otherwise known, and made the whole process simple. He conducted all the negotiations on our behalf and we came away with the perfect property at the right price. Could not recommend his services higher.

Buyers Agent Melbourne

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