FAQs
Why Use a Buyer Agent
Why Use a Buyers Agent in Melbourne?
Melbourne has one of the most competitive property market in the world. On any given week, up to 80% of the buyers missed out of properties because of they are misinformed, uninformed or simply ignorant. Many successful buyers also ended up overpaying unknowingly.
Our service is not for everyone. But through our 25+ years of experience in working with buyers, we have found that many buyers:
❌ do not have a plan
❌ do not have enough time to find the property
❌ fear overpaying for the property
❌ do not fully understand what is involved in due diligence
❌ do not like to deal with real estate agents
❌ wrongly believed that real estate agents are helping them to buy the property, when the exact opposite is true.
Why Engage the services of Concierge Buyers Advocates?
For a small fee, our professional property buyer service lets our customers take advantage of:
✅ avoid overpaying unknowingly
✅ having access to off-market property
✅ having access to discounted properties
✅ having access to some of the best property deals not accessible to general public
✅ having access to unbiased opinion about a property purchase or property plan
✅ reduced inaction cost
✅ reduced buying cost
✅ reduced buying anxiety
✅ reduced hassle from real estate agents
✅ simplified, faster purchasing process
✅ deeper insights into the area
✅ levelling the playing field against selling agents
✅ buy with confidence, comfort, knowing you finally have an agent working for you.
How much are these Buyers Agent services and knowledge worth?
High performing professional property buyers and property investors know the quality and savings from the services of a buyers agent is worth more than the cost of the property buying service. In Melbourne, using the services of a buyer agent can potentially save you over $100,000! Find out why.
What are the benefits of buying from Right Property Right Price?
As a comprehensive Melbourne property buying service provider, some of the benefits of using our services are:
Low Cost, Low Fees, No-nonsense
Work with you throughout the entire property purchase process, including:
Puts you in touch with mortgage brokers, who will provide you with some of the best mortgage plans and best mortgage rates available from over 50 different lenders, if necessary.
Manage the entire purchase process, from short-listing properties for your selection, submitting offers / bidding, to organising the pre-purchase inspections such as building and pest, conveyancing and settlement for you.
Access to listings from a variety of sources, including off-market properties, pre-market properties, new and upcoming properties, and discounted properties.
Use advanced fact based artificial intelligent property analytics and research tools to analyse our recommendations / selections.
Read more here.
Look at what some of our customers say.
How much are Buyers Agent services and knowledge worth?
High performing professional property buyers and property investors know the quality and savings from the services of a buyers agent is worth more than the cost of the property buying service. In Melbourne, using the services of a buyer agent can potentially save you over $100,000!
Difference between a Buyer Agent and Listing Agent (Selling Agent)
The typical real estate agent you see running the open inspections, and sales such, are your listing agents.
They source for properties to sell, and are paid by the seller (vendor) to look after the sale. What you might not know, is that they are obliged by law to get the best price for the seller. The real estate listing agent is working against the buyer.
A Buyer Agent or Buyer Advocate on the other hand, is paid by you, the buyer, to look after your purchase. We are obliged by law to ensure the best purchase outcome for your property purchase. Be it, lowest price, longest possible settlement period, etc. We provide you with an impartial and independent opinion of the property. We tell you the good and the bad of any property we recommend. We are search across all listing agents, search across all real estate agencies.
Find out more information here.
How much can a Buyer's Agent save me?
Have you ever wondered how much it cost to search for your own property? Research has shown that by using a buyer's agent, you can stand to be over $100,000 better off.
Read the facts here.
Are all buyers agents the same?
No.
Did you know, there are many so-called property buyer experts that are unlicenced? Yes, property buyers agents are property agents, and we have to be licenced, just like any other property agent. We are bound by the same code and conduct and legislation to ensure consumers are protected and are receiving the fairest service.
There are, unfortunately, many unlicenced buyers agents that claimed to be property investment experts, charges you a fee to sign up to their "property mentoring program", and then charge another set of fees to buy a "good investment property" for you.
They are also receiving substantial commissions from the developers which they recommend?
It is good to be receiving money from both ends, isn't it? How unbiased will their recommendations be? Would they prefer to sell more for someone giving you more commission? Or would be you missing out on a good deal simply because they do not get enough commission?
This is an illegal practice, for a licenced buyer agent. And this is to ensure that buyers like you receive the most impartial service and independent opinion on the property.
Can a foreigner buy a property in Victoria?
Yes, a non-resident can acquiring a property in Victoria, but they might be subjected to additional duty on the share of the property being acquired. Details here.
What types of property can a foreigner buy?
A non-resident foreigner can only buy new properties, off-the-plan apartments and vacant land. Click here for more information.
What is the difference between Off-the-Plan and House-and-Land mortgage?
In an Off-the-Plan purchase, you make a 10% deposit for the purchase, and the remaining 90% is due when it it ready for settlement. You have 1 single mortgage for the purchase.
In House-and-Land purchase, you will have 1 mortgage for the land, and a separate construction mortgage to build the house. Payment is made to the builder usually at 6 stages of the construction phase.