Should You Use a Buying Agent? - Part Four
Good buying agents know their patch well and they will have bought quite a lot of property in the area for their own account and / or for other buyers.
As we have already said, good ones can take the hassle out of the search process and can get good prices from agents and other sellers by using their buying power and knowledge of the market.
And for an estate agent, the existence of buying agents makes their job that much easier and what can happen is a property comes up where the estate agent knows he has a buying agent waiting for exactly that kind of property for a client.
In this situation, the estate agent knows the property can be sold easily with a minimum of aggravation. Indeed, to make sure he gets the business from other estate agents, the estate agent may make it known to the vendor that he has a buyer just waiting to snap up the property.
This can mean that there are some properties which may never even make it into the estate agents windows - they go straight to a buying agent.
So, if you use a buying agent who has good relations with an estate agent this gives you a clear advantage over other buyers.
Final part tomorrow.
Copyright David Lawrenson 2007.
Back to site www.lettingfocus.com
As we have already said, good ones can take the hassle out of the search process and can get good prices from agents and other sellers by using their buying power and knowledge of the market.
And for an estate agent, the existence of buying agents makes their job that much easier and what can happen is a property comes up where the estate agent knows he has a buying agent waiting for exactly that kind of property for a client.
In this situation, the estate agent knows the property can be sold easily with a minimum of aggravation. Indeed, to make sure he gets the business from other estate agents, the estate agent may make it known to the vendor that he has a buyer just waiting to snap up the property.
This can mean that there are some properties which may never even make it into the estate agents windows - they go straight to a buying agent.
So, if you use a buying agent who has good relations with an estate agent this gives you a clear advantage over other buyers.
Final part tomorrow.
Copyright David Lawrenson 2007.
Back to site www.lettingfocus.com
This entry was posted by lettingfocus, on
Thursday, January 11, 2007.
