Buyers Advocate Melbourne

What Is A Buyers Advocate Melbourne?

If you’ve recently decided that you want to purchase a home, it’s likely you’ve been doing some research. There are many factors that go into finding and purchasing the right home. A Buyers Advocate Melbourne can give you a great advantage in the real estate buying process for many different reasons.

What Is A Buyers Advocate Melbourne?

A Buyers Advocate Melbourne, also referred to as a buyers agent is an industry expert that helps with the searching, negotiation, and overall purchase of a new home. They’re basically your guiding light throughout the entire home buying process. If you’re buying your very first home, it’s likely that you don’t really know how the process works. Your Advocate is there to hold your hand every step of the way. This ensures you purchase a quality property for a fair market value price: https://www.fairtrading.nsw.gov.au/housing-and-property/buying-and-selling-property/buying-a-property/using-an-agent-to-buy-property

What Does A Buyers Advocate Melbourne Do?

The home buying process is a very complex one. Your buyers advocate Melbourne is the contact point that basically runs the show of the purchase from start to finish. At first, an Advocate will show you a variety of properties that meet your desired criteria. They’ll take you through each property that you want to see and suggest others that may pique your interest.

Once you decide on a home that you like, your Advocate will be there to help you decide on a fair market purchase price. They’ll draw up the legal paperwork for you to submit an offer to the seller’s advocate. Usually, the seller will try and negotiate a higher purchase price. Your agent will be there to assist in the negotiations process. They’ll make all the phone calls and work with the seller’s agent. Thus, they will come up with a final purchase price that you approve of.

Once the seller has accepted your offer, your Advocate will draw up more legal paperwork for the official purchase. From there, they’ll work with your lender to set up a home appraisal and inspection. If you need to further negotiate the purchase price of the home after an inspection or appraisal is completed, your Advocate will handle it. They’ll be the sole line of communication between you and the seller’s agent or the seller if they aren’t using an agent.

Benefits Of Hiring An Advocate

As you have probably figured out, hiring a Buyers Advocate Melbourne allows you to have a guiding light throughout the complex home buying process. They will help to negotiate terms and fill out all the legal paperwork. This is stuff you would have to research and hope you get right on your own if you chose to go without the help of an agent. One key to hiring an Advocate is that they help to signify to the seller that you’re serious about purchasing a home. Without an Advocate on your side, the seller may opt to take an offer from another buyer who is represented. This is because they know there will likely be fewer hiccups along the way.