Brisbane buyers agent

Discussion in 'Where to Buy' started by Jason McDonald, 4th Feb, 2020.

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  1. Jason McDonald

    Jason McDonald New Member

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

    Sackie Well-Known Member Premium Member

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  3. Willy

    Willy Well-Known Member

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    Another vote for Andrew Allen real estate.

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


    Willy
     
  4. Lacrim

    Lacrim Well-Known Member

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    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.
     
  5. Sackie

    Sackie Well-Known Member Premium Member

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    I see your hawk, and I raise you my fox :p
     
  6. Archaon

    Archaon Well-Known Member

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    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.
     
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  7. Lacrim

    Lacrim Well-Known Member

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    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.
     
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  8. Sackie

    Sackie Well-Known Member Premium Member

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    Haha that brings back fond memories..:)
     
  9. Sackie

    Sackie Well-Known Member Premium Member

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    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.
     
  10. Archaon

    Archaon Well-Known Member

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    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.
     
  11. Willy

    Willy Well-Known Member

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

    Willy
     
  12. Lacrim

    Lacrim Well-Known Member

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    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.
     
    Last edited: 4th Feb, 2020
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  13. Sackie

    Sackie Well-Known Member Premium Member

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    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.
     
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  14. Realist35

    Realist35 Well-Known Member

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  15. Willy

    Willy Well-Known Member

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    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
     
  16. Closet

    Closet Well-Known Member

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    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...
     
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  17. Willy

    Willy Well-Known Member

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    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
     
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  18. Closet

    Closet Well-Known Member

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    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...