Buyers Agent for IP

Discussion in 'The Buying & Selling Process' started by Wobblyman, 19th Mar, 2021.

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  1. Wobblyman

    Wobblyman Member

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    Howdy,

    Interested in seeing if anyone would recommend a buyers agent for first IP?

    Looking in Melbourne, Brisbane or ACT.

    Cheers

    G.
     
    Wobblyman, 19th Mar, 2021
    #1
  2. Trainee

    Trainee Well-Known Member

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    You might want to narrow that down just a tiny bit.
     
    Trainee, 19th Mar, 2021
    #2
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  3. Wobblyman

    Wobblyman Member

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    Sorry, not trying to be difficult. In general would people recommend buyers agents? Have they provided something above and beyond? Does anyone have a recommendation for those markets? Anyone to avoid?
     
    Wobblyman, 19th Mar, 2021
    #3
  4. George Smiley

    George Smiley Well-Known Member

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    It might have been The Property Couch were I heard it but the real value of a BA in this fast moving market is the close relationships they hold with local RA's who they deal with frequently. Ideally this gives them access to off-market properties that don't get advertised.

    There's plenty of historical threads on this subject. Some investors like them, others don't. I suspect you haven't done enough research or due diligence if you're looking across ACT, Melbourne and Brisbane (that's fine not everyone has the time) which are all very different markets in which case I'd use one if I were you.
     
    George Smiley, 19th Mar, 2021
    #4
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  5. Rich2011

    Rich2011 Well-Known Member

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    Which suburbs are you considering in Brisbane? Budget? Property type?
     
    Rich2011, 19th Mar, 2021
    #5
  6. Sackie

    Sackie Well-Known Member

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    Narrow down to-

    City, then
    Budget then
    Approx area


    Then you can discuss a targeted BA in that area.


    As a general answer to BAs - they have a place. Doesn't matter if you're a newbie or experienced. Just depends what you're expectations are. Can they perform miracles and guarantee they'll secure you a great deal? No-one can. But they can help you leverage time, knowledge, skills and contacts if they are good.

    Imho anyone engaging a BA should still roughly have an idea of what would make a good investment.

    Many folks do have a good idea but they lack the time, negotiation skills, energy etc to go on the active hunt. This is where a good BA could shortlist some good deals for you to then look over.



    Buying Agents Directory | Professional Buyer's Agents A | Real Estate Buyers Agents Association of Australia (REBAA) Inc.
     
    Last edited: 20th Mar, 2021
    Sackie, 20th Mar, 2021
    #6
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  7. Brad England

    Brad England Well-Known Member

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    Sorry to jump on this thread, I too am looking for buyers agent in Brisbane. My budget is also 450k, looking for a decent size lot. I am looking for a low maintenance, brick house and not a fixer upper. Planning to hold the property for 5 to 10 years. Need suburb and buyers agent recommendation..
     
    Brad England, 20th Mar, 2021
    #7
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  8. Wobblyman

    Wobblyman Member

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    Looking for a detached house / around $750k / close to city
     
    Wobblyman, 29th Mar, 2021
    #8
  9. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    Rolf Latham, 29th Mar, 2021
    #9
  10. Vivian

    Vivian Member

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    Did you find any BAs who helped you with your IP yet? How was the BA?
     
    Vivian, 11th Jul, 2021
    #10
  11. Wobblyman

    Wobblyman Member

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    Yes, thanks. Really good experience. Won an auction last week and now working through the details.
     
    Wobblyman, 26th Jul, 2021
    #11
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  12. Tyla

    Tyla Well-Known Member

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    Congratulations!! Which state and suburb did you end up buying? What was your best takeaway from this experience?
     
    Tyla, 26th Jul, 2021
    #12
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  13. Wobblyman

    Wobblyman Member

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    Bought in north of Brisbane. Key is be patient, and do you homework, stick to your maths and there is plenty of options. Being prepared allowed us to go after a few with confidence and then secure one. Also allows another set of eyes and experience. What we were looking at also had 20+ others interest and many other BA's. I think it means you are looking in the right area..
     
    Wobblyman, 26th Jul, 2021
    #13
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  14. Never giveup

    Never giveup Well-Known Member

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    May I please ask if anyone have used "Binnari Property" for their purchase?
     
    Never giveup, 2nd Aug, 2021
    #14
  15. brisfisher

    brisfisher Member

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    Do you mind sharing the BA? thanks
     
    brisfisher, 5th Aug, 2021
    #15
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  16. San2018

    San2018 Well-Known Member

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    +1
     
    San2018, 5th Aug, 2021
    #16
  17. tigerland

    tigerland Member

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    Sounds like you had a good buyers agent. I’m looking for a good buyers agent. Do you mind sharing BA details please.
     
    tigerland, 16th Aug, 2021
    #17
  18. Wobblyman

    Wobblyman Member

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    Wobblyman, 18th Aug, 2021
    #18
    Tyla likes this.
  19. Renee Lau

    Renee Lau New Member

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    Looks like he's in Sydney? How did he service you in Brisbane?
     
    Renee Lau, 8th Oct, 2021
    #19
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  20. boganfromlogan

    boganfromlogan Well-Known Member

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    Interested in this comment. There certainly is a 'type' that BA's like. Is that what you meant?
     
    boganfromlogan, 8th Oct, 2021
    #20
    Rambo likes this.
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