Choosing a BA, what questions to ask?

Discussion in 'The Buying & Selling Process' started by Jimmeh, 4th Jan, 2017.

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  1. Jimmeh

    Jimmeh Active Member

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    What questions would you ask a BA when choosing one? Do you ask for references?
     
    Jimmeh, 4th Jan, 2017
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  2. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    Ask your broker if they know someone in the area you're considering. Good brokers have likely worked with a lot of BAs in a lot of different places, often on multiple occasions. The BAs I recommend, I can give specific reasons why I recommend them.

    If you're asking for references, a BA will only give you those who have had a great experience. Speaking with most individuals, you'll only ever speak with someone who's have one or two experiences.
     
    Peter_Tersteeg, 4th Jan, 2017
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  3. Jacque

    Jacque Jacque Parker Premium Member

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    Jacque, 12th Apr, 2017
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  4. MTR

    MTR Well-Known Member

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    Ask to look at properties they have purchased for clients then review the numbers etc

    Review their contract for fees, conditions etc

    How many clients chasing property?
    Timeframe to secure property?

    References are worth nothing IMO, because how do you know who the referee is? A friend?

    Where are they buying? Why? What is the strategy and what supporting documents provided to back up claims

    Ask them what have they achieved, look at their track record. You know the golden rule, if they shy back then think again Just my opinion
     
    MTR, 12th Apr, 2017
    #4
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    Where are you purchasing OP? There's some good BA's on here. Read their posts and get a feel for how they operate - that might answer a lot of your questions.

    Cheers

    Jamie
     
    Jamie Moore, 12th Apr, 2017
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  6. Wendy Chamberlain

    Wendy Chamberlain Well-Known Member

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    Look at what people are saying about them online, on social media, what testimonials have they got? Are they flat fee or working on commission - if commission, why are they being paid more to spend more of your money?

    Speak to past clients to see what they liked or didn't like about working with the Buyer's Advocate. Is the Buyer's Advocate active and experienced in the area that you are looking to purchase in? Have they invested themselves and do they understanding different investment strategies.

    Those are the questions I'd be starting with.
     
    Wendy Chamberlain, 17th Apr, 2017
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  7. Gockie

    Gockie Life is good ☺️ Premium Member

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    Watch out for astroturfing and sock puppetry! If you don't know the people, then they could be fake.
     
    Gockie, 17th Apr, 2017
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