Should you engage a buyer’s advocate?

Here at The Property Mentors, because it's our job to help Australians build long term wealth through residential property, we’re always hearing from investors who are searching for a very specific type of property in a very specific region! This can be for any number of reasons, but it’s usually because – while the buyer would like to use the property as an investment in the first instance – they’d also like to live there at some point in the future. Perhaps they’re nearing retirement and planning to downsize in the next couple of years, or maybe it’s the opposite and they’re hoping to grow their family, or they might be aiming to move to another location for work (or play) at some stage in their future! This type of very specific service is outside the scope of sourcing an investment property alone – the considerations aren’t “just” logical and investment focused, there is an emotional buying element that needs to take equal priority. This is a completely different purchasing scenario, and can be significantly more labour intensive for a buyer because their considerations have literally doubled...and more! The bottom line is that the best investment for your portfolio may not be a property you want to live in, and vice versa. That’s why here at The Property Mentors we’ve expanded our mentoring service to include a highly targeted buyers advocacy service. WHAT’S THE DIFFERENCE BETWEEN A PROPERTY MENTOR AND A BUYER’S ADVOCATE?WHY USE A BUYER’S ADVOCATE? Having an experienced property advocate by your side means exactly that – they are on your side, not that of the seller! If you’re selling a property, the process is relatively simple. Find an agent, list your property and sell to the highest bidder. You can instantly find hundreds of agents who will happily compete for the right to sell your property.A buyer’s advocate’s job is to work exclusively for you, the purchaser! Makes perfect sense when you think about it! WHO CAN BENEFIT FROM A BUYER’S ADVOCACY SERVICE?A buyers advocate can help all of these groups to obtain the best terms (not just the best price) by framing their offer to sellers in the most appropriate way. This is an art in itself, because...TOP THREE REASONS EVERYONE CAN BENEFIT BY ENGAGING A BUYER’S ADVOCATE!TOP THREE REASONS YOU SHOULD ENGAGE A BUYER’S ADVOCATE The three primary reasons people ultimately decide to engage a buyer’s advocate are:And all of these issues are exacerbated by receiving conflicting advice, from multiple sources, that may not be tailored to your individual goals. Seeking out professional advice from a buyer’s advocate can help you cut out the noise generated by selling agents, developers and everyone else who has a vested interest in selling you a particular property…for the highest possible price!EVEN MORE REASONS TO ENGAGE A BUYER’S ADVOCATE!If you think you could benefit from using a buyer’s advocate, check out more details on our website, or contact us to learn exactly how we personally work with you to make sure you get the desired outcome on the property you’re searching for!