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Rayson L.

When don't you need a Buyer's Agent?

Updated: Oct 17, 2021


DIY property buying

Concierge Buyers Advocates builds our services and reputation on integrity, honesty and trust. As always, we're upfront with our clients, and that is why our clients have trusted our opinion. This is why our clients still trust our opinion even after we have bought them their properties and they return for their 2nd, 3rd and subsequent properties.


We'll be honest with you. Buyers advocate services are not for everyone. Not everyone need a home buying service. This is why we have turned away customers who do not need our home buying services. We would rather not have one new client than to sign up one who does not need our service. We're here to protect buyer's interest, and if turning them away is better than signing them up, that's what we will do.


To help you determine if m a real estate buyers advocacy service is not for you, we've put together a quick guide.


If more than 3 of the following describes you, a Melbourne buyer agent is probably not suitable for you:


You have the luxury of time and are in no urgency to buy a property.

You

  • know that more than 80% of property buyers will take almost a year to buy their properties.

  • know property prices are rising at between 1-2% every month, in the current market. I.E., you'll be paying between $30000 to $50000 dollars more, for each month of delay.

  • are not keen to buy your Melbourne property in under 2 months.

  • do not have a value for your time.

  • do not mind spending your evenings and weekends doing property searches, instead of spending these time with your loved ones.

  • do not mind spending your weekends attending disappointing property inspections.

  • do not mind spending your time trying to contact real estate agents.

  • do not mind spending your time playing along with the real estate agent.


You are prudent with your finances and you know what properties are worth.

You

  • are confident that you will not buy any wrong property in Melbourne.

  • have deep pockets and don't mind overpaying for your Melbourne property.

  • can confidently put a reasonable value to a property and do not mind going all out to outbid your competitor.

  • know you can afford to pay $30k to $50k more for the property for each month's delay.


You belong to the generation who believed Google knows everything.

You

  • have faith in the University of Google and College of Facebook.

  • have no trouble differentiating fact from fiction.

  • trust the unlicensed, faceless experts dishing out free property buying advice.

  • do not appreciate the confidence and security that legal licencing and insurance gives you, when you receive the advice from a appropriately licensed and insured real estate property advisor.


You believed all properties for sale have to be listed.

You

  • are happy and confident that you will find something on the public listing boards.

  • realise over 70% of properties are sold and bought without being listed on the public boards.

  • do not believe the hidden 70% listings will help you.


You insist on low-balling properties.

You

  • insist on a minimum of more than 5% discount, which is unlikely, if you're after something decent. We are however definitely striving for the lowest possible price, but if that means you are under pricing yourself out of the market, then we do not want to give you any false promises and waste your time.

  • insist on under pricing yourself out of the property market.

  • insist on profiting from the misery of motivated sellers. Our morals say no. Sorry!


The above guide should give you a good idea of when a buyers advocate service is not for you. You will be better off buying your property on your own, saving on the buyer agency fees.


If you are still unsure if the service is for you, or if you're keen to buy your property fast, without overpaying for it, do feel free to get in touch. You'll be receiving the keys to your new property in no time.


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