That could be a turn off for a lot of people. We understand that is a lot of money for some. But so is buying a property worth $500,000 plus. With no research, no due dilegence, it can end up costing you a lot more in the long run. When you pay for a buyers agent its similar to an insurance policy. Paying a fee that ranges between (for example) $10,000 – $15,000. For holding your property it is a small amount to spend over the 30 year term of your loan. When you use a buyers agent and you buy the right property. You will be taking your property portfolio to another degree and it will catipult you forward. By growing your property portfolio in the right direction.
Having a professional representing you as a buyer. You will only increase your chances of finding the best property at the best price possible. They will use their expertise and extensive knowledge of the local market. To uncover options that you might have not been aware of.
Also, a buyer’s agent is highly motivated to negotiate and secure the best deal for their clients. They will work tirelessly to ensure that your interests are protected every step of the way.
In fact, many clients who have used a buyer’s agent attribute their success. Their agent’s ability to negotiate lower prices and favorable terms. This ultimately leads to a better return on investment for the buyer.
It’s important to keep in mind that most buyer’s agents work on a commission basis or set fee’s. Which means that they only get paid their full commission or fee if they find you the right property. This incentivizes them to work harder to find the best deals.
In the end, paying a buyer’s agent’s fee may seem like a big investment upfront, but it can save you money in the long run. You’ll have peace of mind knowing that you’ve made a well-informed decision with an expert in your corner.
How Truth Property charges its clients – At Truth Property, we believe in transparency and fair pricing for our clients. Our fee for buyer’s agents is typically a percentage of the sale price, ranging from 2% to 3% this of course is for established residential and commercial property. Depending on the complexity of the transaction and the level of involvement required.
However, for Home and land packages we charge a retainer that is refundable upon settlement, but not refundable for change of mind. The reatiner is insurance for Truth Property for our time and effort we spend on you and your property journey. Also it demonstrates to us you are not wasting our time. Apart from the retainer we do not charge a fee for home and land packges and actually give back part of the commission that is paid to us by the select builders we partner with.
Before we start working with you, we’ll provide you with a written agreement outlining our services, fees, and obligations. This contract ensures that there are no surprises or hidden fees throughout your buying journey.
We understand that buying a property can be stressful and overwhelming, especially for first-time buyers. By working with a buyer’s agent, you’ll have access to professional guidance and advocacy throughout the process. At Truth Property, our goal is to make the buying experience smooth, seamless and stress-free.
For more information on Truth Property’s Fee’s and Cost’s please check out our Fee’s and Cost’s page.
To start using our services navigate to our contact Truth Property page simply fill in the form and we’ll be in-touch shortly.
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