Selecting a buyer’s agent

Selecting your buyer’s agent can almost be as time consuming as buying your property. There are many aspects to consider; use our comprehensive check list to help you with your decision.

Does your buyer’s agent offer:

Independent services and unbiased advice?
This is extremely important. Your agent can not solely have your best interests in mind if they receive fees from third parties.

Competitive fee structure?
Some buyer’s agents target high income earners, with fees as high as 2.75% of the purchase price. For the same service, AllianceCorp offer a fee structure that is affordable to the general public with fixed fees as low as $3,000.

Comprehensive educational platform?
Many companies will offer services but are light on education, meaning that your long-term success is tied to paying ongoing property investment service fees. At AllianceCorp we offer free property DVDs, workshops and property market bus tours that are run monthly; these tools allow those with the time and inclination to become your own expert, and eventually boost your Melbourne investment property profit margins.

Specialised services?
Many buyer’s agents offer the same generic service to all their clients. At AllianceCorp we have a specialised department for private home buyers and a specialised department for investors, each offering customised property investment advice and strategies. We also have a renovation department to assist with value-adding through renovations.

100% Money back guarantee?
Most buyer’s agents will ask for a non-refundable deposit on the service. At AllianceCorp your registration fee is just 10% of your service fee, and this is 100% refundable if you are not satisfied with the service.

Valuation guarantee?
At AllianceCorp we GUARANTEE that if your property isn’t purchased at or below market value we will refund our fee. We are not aware of any other company offering this type of guarantee.

Fully licensed services?
By law, the real estate industry in Victoria is regulated by the Business Licensing Authority (BLA) and all estate agents must be licensed. Make sure you are dealing with a fully licensed agent – you can check at the BLA website: www.bla.vic.gov.au

Real results, or meaningless industry awards?
While there are many property investment advice and services companies in Melbourne, relatively few enter industry awards competitions due to the high time investment required. It isn’t safe to assume that you are dealing with the best on the basis of their industry awards. Look for real results like AllianceCorp provides, rather than decoration.

Competitive fee structure?
AllianceCorp’s fees are among the lowest in the industry – see the comparison below.

Purchase Price $500,000
Many of our competitors	2.75% ($13,750) / Auction 1.1% ($5,500)
AllianceCorp	Home buyers 2.2% ($11,000) / Negotiable on level of service Investors flat fee ($8,950) / Negotiable on level of service

Want to know more about how to select a buyer’s agent for either your Melbourne investment property or private home? Our team is happy to explain – get in touch with AllianceCorp today!

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