Preparing to work with a Buyers Advocate
If you are thinking of working with a Buyers Advocate you may be wondering what you need to do to be prepared for the service.
In this article Lisa shares the things you must have in order before hiring a Buyers Advocate.
Your deposit must be in an account and ready to access at short notice. When you hire a Buyers Advocate the search and ultimately the end purchase can occur very fast. Particularly in a strong market where properties are sold within an hour of the open for inspection.
If you do not have access to your deposit easily and quickly you may miss the opportunity to purchase an ideal property and have to wait for the next one to become available. Sometimes waiting can cost you $10,000 – $20,000 in a fast moving market, so be sure you are ready to act when your chosen Buyers Advocate locates the right property for you.
Most Buyers Advocates will want a pre-approval or at the very least a written confirmation from your lender/mortgage broker of the amount you are able to borrow. Knowing the amount you can borrow gives everyone a clear indication of your maximum and preferred budget which will guide the search parameters and suburbs your Buyers Agent will focus on for you.
Knowing what your preferred parameters are will result in a very smooth process. But if you do not know exactly what you are wanting, don’t worry. An experienced advocate can very quickly and easily help to uncover your preferences by asking carefully crafted questions.
Your answers give us a really good picture and we are then able to formulate a point by point brief. Following your specific brief ensures we will find your ideal property.
If you still don’t know what your preferences are, we have solutions for that too! So long as you know what your end goal is for the property most experienced Buyers Advocates will help guide your brief to suit your longer term objectives.
The point is – as long as we end up with a brief before we begin it is highly likely you will make a successful purchase.
Getting to a point where you are ready to hire your Buyers Advocate is really easy and straight forward. And if you have chosen to outsource your purchase to a professional property buyer then the rest of the process will be equally as easy.
Did You Know?
When you work with a Buyers Advocate your total time commitment will usually be no more than 5 hours. Yes, 5 HOURS!
We take care of all the hard work for you and because we do this all day every day your purchasing process should be an absolute breeze!
If you would like to find out more about how the service works and if it’s right for you Phone 03 8680 2377 or book an obligation free chat below.