Make Your Buying Agent’s Life Easier
You’ll Get the Home of Your Dreams If You Avoid these Mistakes
Working with buyer’s agents in Sydney and Melbourne offers a lot of benefits. They can help you with auction bidding tactics. They’ll also guide you through the home buying process.
There are several things you may do that could slow down the entire process. Some new buyers make these mistakes. Avoiding them will ensure you get the most out of your buyer’s agents in Sydney.
Mistake #1 – Asking for Too Much Attention
Good buyer’s agents know just how much attention to give to clients at various points in the buying process. Naturally, you will feel that your transaction is the most important. But you need to understand where you stand in the process to know how much attention you will get.
This is especially important for those in the first stages of the process. Asking agents to research information about permits or tax records wastes time if you’re not ready to buy right now. Respect the agent’s time and you’ll reap the benefits when you are ready to move forward.
Mistake #2 – Making Bad Offers
Buyers should consult with their agents whenever they make an offer. Negotiating the price of a property is a delicate process. Low offers can sour the negotiations before they have a chance to start. The same goes for low offers at auction. The latter makes sellers’ question how serious you are.
A seller will not accept tens of thousands of dollars below the asking price without some very good reasons. Unfortunately, some buyers attempt to make them do so. An agent will steer you in the right direction. Heed all of the advice that you receive.
Mistake #3 – Trying to Negotiate Down on Your Own
It’s one thing to make a low offer. The seller can always refuse that. It’s quite another to try to drive the price down after you’ve agreed a sum.
You may have good reasons to negotiate down, in some cases. For example, you may have found out something about the property that should factor into the price. Even so, you have to inform your buying agent of every move you plan on making. Trying to pull the price down usually creates tension among all parties involved in the transaction. A buying agent can lower this tension with the right information. Be transparent. This ensures more success when negotiating.
Mistake #4 – Constantly Changing Your Focus
You’ll start the buying process with a good idea of what you want. This is rarely the finished article. Your meetings with your buying agent will reveal more information that can change what you’re looking for. This back and forth is a natural part of the buying process. It helps you and your agent get focused on the task at hand.
Unfortunately, some buyers try to change their requirements too often. This becomes a real problem if you’ve set your agent on one course, only to change it suddenly. Feeling uncertain indicates that you may not be ready to buy a home or you need to work on having clarity on what’s most important to you about your new home. If that’s the case, you should take more time to learn more about the property market so you can get the most out of your buyer’s agents in Sydney.