Why a buyer’s agent is key on the Northern Beaches

If you have been trying to buy a home on the Northern Beaches this year, be it in North Narrabeen, Narrabeen, Elanora Heights, Ingleside, Warriewood, Mona Vale or any other suburb, you might have found yourself getting more and more frustrated as you constantly miss out.

Feeling like it’s never going to happen for you? A buyer’s agent can make your experience considerably smoother and free you from the endless rounds of home open inspections.

What does a buyer’s agent do?

A buyer’s agent basically does all the hard work for you when it comes to finding and buying a new home. They are a property professional who will help you find, vet and buy the right property for you.

They differ from real estate agents because they focus entirely on the buyer. While real estate agents will help you buy a home, their real client is the vendor. When you work with a buyer’s agent, their entire focus is on you. They have no interest in the vendor, only in getting you the best home for the best price.

Why use a buyer’s agent?

– The current market: In 2024, Australian real estate is in a highly competitive seller’s market. This means there are more houses than buyers, and there are often many people clamouring for the same homes.

Having any kind of edge as a buyer in a seller’s market is vital, and a buyer’s agent provides exactly that. In fact, more and more Aussies are choosing to use buyer’s agents in the current market, so failing to utilise this option can put you behind.

– Market knowledge: Your buyer’s agent provides their broad knowledge of the market. They are skilled at finding the right properties for their clients and knowing what properties are well-priced and worth putting an offer on. You are far less likely to waste time with properties that looked good on paper but were obviously not for you as soon as you walked in the door.

Chances are your buyer’s agent will already have seen the home you’re thinking about inspecting; they can let you know if it’s worth a visit.

– Expertise in buying: Buying a property is a complex enterprise. For a buyer’s agent, it’s their bread and butter. They know every step of the process inside and out, from sourcing properties to making offers to filling out the paperwork, and they will guide you through all the way. Many buyer’s agents either used to be or still are real estate agents so they know the process inside and out.

– Negotiation skills: Your buyer’s agent will bring their negotiation skills to make sure you don’t overpay for a property. They take the stress of liaising with the selling agent off your hands.

– Remove the emotion: It can be all too easy to let your emotions take control when you buy a home. If you fall in love with a property, it can be hard to turn it down, even if the price is more than you can afford. A buyer’s agent puts a buffer between the properties and your emotions. They will guide you when your decisions seem impractical but still prioritise your needs. This is especially important when you are investing because you need to be very strategic about your purchase.

– Hidden gems: Your buyer’s agent will leverage their connections to show you homes that are being sold off market. You’d be surprised by how many places are never advertised; if you want to preview them and get in ahead of the crowds a buyer’s agent is your secret weapon.

– More options: Many home buyers have a brief in mind but manage to overlook properties that are suitable. Your buyer’s agent can bring some more options and ideas to the table. They may actually know what you want better than you do!

– Save money: While it may seem counterintuitive, paying a buyer’s agent can save you money. With a buyer’s agent, there is no risk of spending more than a property is worth because your agent knows the market and will steer you away from properties with hidden problems. They will also be able to advise you on the level of renovations or maintenance the property might cost you if you buy it so you can avoid moving into a money pit.

With the Northern Beaches property market set to remain in high demand during 2024, a buyer’s agent will take the stress out of buying a home in the area. Using one is fast becoming a non-negotiable for buyers who want to find and secure their dream home sooner rather than later.

Need help to buy a home in the Northern Beaches, Eastern Suburbs and beyond in 2024. Reach out to Sydney Northern Beaches Buyers Agents today.