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Buyers agents articles & tips

Many people are still in the mind-set that using a buyers agent is only for those with plenty of cash, but regardless of whether you are a first home buyer or a seasoned property investor, having a buyers agent at your side can result in many different benefits. Empower Wealth have made available many videos, articles and a blog to help you understand what the role of a buyers agent is and help you decide whether their service is right for you. Start learning now!

29/12/2014
Buyers Agents

Tips for Buying at Auction – Part 4

Auction Tip No.5 Now my fifth tip is if you're actually a bit fearful or have some anxiety around the auction process, why not engage the services of a professional buyers agent? Because Buyers Agents are generally in the field all week, looking at properties and have attended and bid at hundreds and hundreds of auctions. So you can actually tap in...

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15/12/2014
Buyers Agents

Underquoting Is it a Myth or Does it Exist

“Quote it Low and Watch it Go” This is the term used by some real estate agents in the past but is now becoming extinct with updated legislation from the REIV coupled with large penalty fines. The truth is, many people buying at auction and within the general public are not aware of the relevant authorities and peak bodies that are trying to st...

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15/12/2014
Buyers Agents

Buying at Auction in a Hot Property Market

>> Play Audio here   With the Property Market getting more competitive, you need everything you have to make sure you get across the line in an auction. In this episode of Real Estate Talk, Kevin Turner interviews Bryce and asked him for some tips on buying at auction in a hot property market. Here's a snippet of the interview: "K...

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11/12/2014
Buyers Agents

Key things you Look for in a Contract of Sale

The things that I look for in a Contract of Sale to protect my clients would be the terms and conditions and what Section 32 look like. The contract can set out a range of special conditions that can be adverse to a purchaser. So a contract of sale definitely favors a vendor in a standard sense so when you layer it up with special conditions, it ca...

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10/12/2014
Buyers Agents

Bidding at Auctions between Now and Christmas

>> Play Audio Here   Christmas and New Year is getting close but never let those deter you from bidding at an auction for the property that you think ticks all the boxes. In this episode of Real Estate Talk, Kevin Turner interviews Bryce and asked him for some tips auction during Christmas period. Here's a snippet of the interview: ...

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30/11/2014
Buyers Agents

Property Professionals: Who do you Trust?

As a Property Investor, you want to work with the most reliable and trustworthy people to help you build up your portfolio. But how do you know who's in your corner or who's out to get you? In the December 2014 Issue of Your Investment Property Magazine, Miriam Bell interviews a panel of property professionals like Ben Kingsley to ask for their opi...

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17/11/2014
Buyers Agents

Negotiable Terms in the Contract of Sale

There are terms that are negotiable on a Contract (Contract of Sale). Most notably, deposit, settlement date, price and sometimes there might be some subject to condition that the purchaser requires to be imported into the contract unless of course, if you're buying in an auction, you won't have the opportunity to negotiate such terms. The depos...

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17/11/2014
Buyers Agents

What do you Look for in a Buyers Advocate?

If you're looking to work with a Buyers Advocate, you need to ask the question: What am I looking for in my Buyers Advocate/Buyers Agent? Well, the first question is coming back at you and that is why are you actually buying? If you're buying for owner occupier purposes, then a local buyers agent who knows their city, or their area within the ci...

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17/11/2014
Buyers Agents

Buying an Off Market Property

As Buyers Agents, we absolutely love a good off market opportunity. The key here is having a great network, as these kinds of property sales, while perhaps not having to deal with anywhere near as much competition, require strong property market understanding and negotiation skills if the buyer is to get a good deal. When the market is humming a...

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17/11/2014
Buyers Agents

Tips for Buying at Auction – Part 3

Auction Tip No.4 Now my fourth tip is actually, don't be afraid of the Auction process because I know a lot of buyers are really scared off by bidding at auction. It's a really transparent process. If we're buying something at a private sale, say the agent rings you up and say, "Hey, I've got 2 people interested and I need you to put your best and ...

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