Reasons Why You Should Hire an Agent When Buying a New Home
Dec 22, 2014
This is why both buyers and sellers of real estate properties normally work with real estate agents that can help them navigate the terms and conditions of these complex real estate transactions.
Reputable Queensland home builders like Perry Homes will always work with good real estate agents as it is the best way to ensure that their interests are being protected.
Although it’s not a legal requirement, here are some reasons why you, as the potential home buyer, should also hire a real estate agent, as they can save you time, money, and stress.
The advantages of being represented
Buying a house is a time-consuming process and involves working with multiple parties. Unless you are in the business of buying or selling properties on a day to day basis, there is no doubt that hiring an experienced real estate agent who is familiar with the complexities of the process is the smartest thing you can do.
As buyers and sellers negotiate the home price, agents use their skills and experience to come up with the most reasonable price for both parties relative to current market prices.
Listing Agents vs. Buyer’s Agent
When NSW home builders list a home for sale, they are represented by Listing Agents. Listing Agents owe fiduciary duties to their clients in legal terms so they will do their best to negotiate the most favourable terms for the NSW home builder.
Buyer’s Agents, on the other hand, owe their fiduciary duties to their clients, the home buyers. They will help home buyers answer any questions and address concerns during any meetings with the representatives of the NSW home builder.
Buyer’s agents help protect your interests during negotiations and will ensure that all the paperwork is filled out correctly as per the agreed terms.
Things to consider about real estate agents
It’s important to note that NSW home builders rely on all local real estate agents to sell their properties so it’s in their interest to be able to work with Buyer’s Agents as well as Listing Agents.
The key here is to work with professional and ethically responsible agents that can help close out the real estate transaction in the quickest and most efficient way possible for all parties involved.
As one of the most trusted NSW and Queensland home builders, our team at Perry Homes can help guide you through the home building process. With more than 20 years in business, we have the knowledge and expertise to help you make the best decisions for buying your new home. Contact us now for more details.« Back to Latest News / Awards