Ross
Reply: 1.1.1
From: Mike .
Here's a few comments from the Media
From: Ross (Gold Coast Buyer Agent)
Date: 08 Feb 2001
Time: 11:05:25
Hi
This is a LONG post... But I thought I few people might be interested. You see, buyer agents are still pretty new in Australia and we need your support... So here's a few quotes from the Australian media.
A Buyer Agent? Here’s what others are saying ...
“I think it’s rather unfair. Vendors are able to use an agent to sell their property, why can’t we use one to buy a property… What the buyer agents have brought to the industry is more information. If I tried to buy this house on my own, I wouldn’t have been able to extract the information these guys did.”
- Chandler, M. (1999) Buying with a little help from a friend. Australian Financial Review, May 22, p23.
“Buyer agents… are also heavily involved in other important aspects of property purchase, from selection to private treaty deals. Pre-auction assessment and negotiation can be especially valuable to buyers who are looking at properties in unfamiliar areas. Here an advocate’s experience can be particularly valuable and can save purchasers thousands of dollars.”
- n.a. (1998) Advocates now a part of the scene. The Age, October 14, p5.
“…it will become more common to see buyer’s agent in the future. These will be trusted advisers retained by the consumer to ensure they have the best deal in the marketplace.”
- McIllwain, Robin. (1999) Targeting generation X’ers. REIQ Journal, July, pp8-9.
“Buyers’ advocates, who research properties and act for you when you’re ready to purchase are arriving in droves to fill a rapidly expanding niche in the residential property market. The boom, according to some advocates, has come out of the need to protect buyers from what they describe as “dirty tricks” by some real estate agents.
- Coombes, Paul. (1999) Protective services. Sydney Morning Herald, October 6, p19.
“The popularity of auctions in Melbourne has led to the emergence of someone called a “buyer agent”, whose purpose is to counter an auction system they claim is slanted and geared towards the vendors.”
- Howard, Jane. (1999) Buyer for hire. Herald Sun, December 20, p63.
“For far too long buyers have had to fend for themselves, and in most instances with little or no knowledge of how the auction or private sale system operates. Too often, buyers miss out through lack of market analysis or expertise in the negotiation process.”
- Dunlevy, M. (1997) Negotiator for buyers arrives. Weekend Australian, May 10-11, p11.
“Australian buyers are resorting to the use of buyer agents in increasing numbers.”
- Huon, Norman. (1999) The role of buyer advocates. The Age, July 24, p3.
“A buyer’s agent offers two advantages: expertise and skill in assessing properties, and the ability to make sure the client gets the property for the lowest possible price.”
- Murrill, M. (1999) Intimidated by auctions? Business Review Weekly, August 20, pp105-6.
“Buyer agents – the property experts who find houses and try to buy them at the lowest price for clients – are the self-described ‘poachers turned gamekeepers’ of the real estate game.”
- Luff, David. (2000) Cleaning up to protect buyers. Daily Telegraph, January 17, p4.
“Buyers advocates can save you money, time and provide professional advice… They are mostly experienced real estate agents who act exclusively in the interests of the buyer.”
- Westwood, John. (1999) Buyers advocates. The Age, April 18, p5.
“Bidding for a house at auction can be traumatic experience. So wouldn’t it be a relief if someone bid on your behalf?” And “…having a professional negotiate the purchase of a house can also save the buyer thousands of dollars.”
- Schimidt, Lucinda. (1999) Advocating a better deal. Herald Sun, July 26, p31.
“Appointing an agent to act for you when buying can tilt the scales of negotiating and bargaining power in your favour. Professional property traders have been using buying agents for years. Yet few homebuyers ever appoint their own agent. In many cases the reason they don’t, is simply because they don’t know they can. It is an option worth considering.”
- Tigani, Joseph. (1992) Chapter 6: Your own buying agent, in “Winning with Real Estate: How to buy or sell your home successfully.” Elephant Publications. Kenmore, Qld. 196 pages.
“The day when aspiring home owners can buy a house without grubbing their fingers on the real estate pages of a newspaper is fast approaching.”
- Hugh, Martin. (1998) Rise of buyers’ advocates. The Age, August 5, p3.
“The growing use of buyers’ agents at residential property auctions is in reaction to the use of dummy bidders by the real estate industry. As well as vendors using dummy bidders, buyers’ agents are also using the same strategy to achieve a price discount for home buyers on the Australian residential property market.”
- Sexton, Jennifer. (1999) Agents make bid for buyer’s market. The Australian, August 7, p9.
