The Top 8 Reasons for Using A Buyer’s Advocate When It Comes To Purchasing Real Estate
Investing in direct property and building a diverse property portfolio can be a highly rewarding and profitable way of building long-term wealth and financial security, and remains one of the most popular wealth creation strategies amongst Australians.
Yet for many Australians and mum and dad investors, they simply don’t know where to begin or how to get involved in the first place.
“The number one problem our clients face is that they simply don’t have enough time or energy to dedicate themselves to going through all the different steps and processes involved in purchasing an investment property.” – Sophorn En, Director of Riveren Property.
This can lead clients to feeling overwhelmed and often causes them to back out of the whole process and “ultimately pay the biggest price by missing out entirely.”
As a result of this trend, “buyers and would-be investors are increasingly turning to buyer’s advocates and investment professionals” as a means of mitigating these risks and removing the emotion out of the purchasing decision.
“Apart from all the research and due diligence we do on selecting our properties, one of the biggest benefits to our clients is the ability to provide independent and objective advice. We act purely on the facts with their best interests in mind, without any emotional prejudice. The difference that can make is enormous.”
For these reasons alone, a buyer’s advocate can ease the stress and anxiety of purchasing an investment property, and help guide buyers throughout the life cycle of their investment journey.
At a glance, here are the top 8 reasons why you should use a buyers advocate:
- To help remove the guesswork out of the equation
- To help you manage and guide you throughout your purchase
- To provide a fair representation of your interests
- To save you time, money and stress
- To access exclusive off market projects you may not be aware of
- To better identify the best options for you
- To help you negotiate and handle all complicated proceedings
- To act a liaison between you and all third party consultants
For more detailed information on how engaging a buyer’s advocate or investment professional can help you, you can read our recent interview with Belinda Gibson of Mortgage Broker TM Finance Group here.
