Brisbane buyers agent

After information regarding using a buyer's agent in Brisbane, are they value for money and any recommendations.

 

We Buy Quality Properties in Brisbane for Home Owners and Investors

 

Another vote for Andrew Allen real estate.

Definitely value for money for an interstate investor. More than happy with their service.


Willy

 

You'll be surprised how much more you can achieve by being proactive yourself and studying the target markets via domain and realestate.

I found (what still is) one of the best value buys in the suburbs I bought in, just from watching and waiting like a hawk, hour by hour, day in day out.

Save your $10K for the stamp duty.

 

I see your hawk, and I raise you my fox

 

How many hours did you spend? 50, 100, 200?

At 200hrs, and if you value your time at $50/hr, you just spent 10k, hopefully the deals you got were worth the investment.

And i'm not meaning to be negative if its coming across that way, I spent bucket loads of time trying to get a development through only for council to say no, and my town-planner being useless at the time, but it's what I enjoy.

Others might not find the enjoyment of looking for property, and their time could be better spent on other pursuits.

Hopefully the buyers agent works out well for you OP.

 

I was refreshing my screen every 2 minutes on domain and realestate, I kid you not. The moment a bargain appeared - I pounced, trampling all before me (foxes included) to make an unconditional offer.

This was 2012/2013 mind you - different market.

 

Haha that brings back fond memories..

 

I have a standing understanding with my 3 town planners and a few other consultants that if they bring me a development deal and I end up buying it I'll give them a cash payment of 8k plus engage their services. Over the years I've had some great deals brought to me.

 

Awesome stuff, I had good people around for my first deal, then they all left, and I still engaged the firm, was incompetence...

So yeah, I definitely need to network more and get good people around me.

 

How far did you have to trample to inspect these properties?

Willy

 

Bought em sight unseen. They were all renovate or detonate jobs bar one which was clean as a whistle.

Not going to publish the addresses obviously but a couple of these were sub $400K deals within 7-8 clicks to the city. Quiet streets, high side and no flood flags. Elbow grease reqd.

I found the buying process in QLD very simple and straightforward. If I can do it, I'm sure the OP can too.

 

Unfortunately people will always let you down. I could write a book on how many ppl let me down over the years. Just gotta hope even more people really come through for you.

 

Absolutely agree. 10/10 for integrity and service. We used them in 2017 and have been very happy.

 

Not just the cost of your time but travel and accommodation as well.
Buying sight unseen to save 10K is crazy imo. You could quite easily be out by 10k in your valuation or the reno cost.

Willy

 

I reckon there is a middle ground for newbies...hire a really good BA for the first one to learn the ropes and pitfalls then do it yourself for the next ones...

 

That only works if you buy in the same location again.

Just because I used a BA in Brisbane doesn't mean I wont need one when I buy in Perth.

Willy

 

Nah not really...sure research and new contacts in a new locations is needed but the process and all the main principals are the same......learning what makes a good location, a good street, high side vs low side, what is a good prop vs bad...h o w to negotiate hard...doing a due dilligence properly...etc
Equally you can do it yourself from the start but paying someone to mentor you the first time can be the difference between a one time lemon sold in 5 years vs building a successful property portfolio.
Either way it definitely is a hands on approach that you need to be driving with the ba executing your plan not the other way round...

 

Hi there, keen to hear more about your experience with the buyers agent if you can share. Did they help with a strategy of which area to invest in? How often did they update you/contact you during a typical week of the search? Thanks!