The major difference between a Buyer’s Agent or Buyer’s Advocate and a selling agent is who they represent. A selling agent works for the vendor, the seller, whereas a Buyer’s Agent works exclusively for the buyer. By law an agent cannot act for (and accept a commission from) both parties in the transaction.

A Buyer’s Advocate or Buyer’s Agent looks to secure a property for the buyer for the best possible price and with the best terms for you, the buyer. On the other hand, the selling agent tries to gain the highest possible price for the seller.

While navigating the property market independently may seem cost-effective initially, it often leads to greater expenses in the long term. Unlike most buyers, a professional buyer’s agent operates without emotional bias or inexperience, offering a strategic advantage.

An experienced buyer’s agent provides valuable guidance based on expertise. They can quickly assess and identify high-quality properties, efficiently narrowing down options. This enables you to act decisively and avoid costly mistakes, such as purchasing a subpar property."

Typically, there are eight fundamental steps to buying a property, and NestNest will guide you through each step based on your unique situation.

1. Determine Borrowing Power
   Understand how much you can borrow by saving a significant deposit to reduce borrowing costs and avoid charges like mortgage insurance. Consider interest rates, additional buying costs, and consult a mortgage broker if needed.

2. Research the Market
   Evaluate the location for factors like safety, proximity to schools, shops, medical services, and transport. Research property growth potential to make informed decisions, potentially with the help of a buyer's agent.

3. Inspect the Property
   Inspect properties thoroughly, noting key features, potential issues, and vendor conditions. Check structural integrity, water drainage, and roof condition, and clarify pool compliance if applicable.

4. Clarify Inclusions
   Confirm what’s included in the sale, such as fixtures (e.g., stoves, carpets) and chattels (e.g., furniture). Ensure these details are documented in the contract to avoid surprises.

5. Decide on Your Offer
   Research comparable sales and get an independent valuation. Consider both price and conditions, as sellers often value simplicity in offers.

6. Make an Offer
   Submit a written offer to avoid misunderstandings. Include conditions like finance or building inspections in the contract. Pay a deposit to show commitment, and meet deadlines for conditions like inspections or finance approval.

7. Conveyancing
   Hire a qualified solicitor to handle legalities, conduct property searches, and ensure no zoning or title issues. This step provides peace of mind during the transaction.

8. Settlement
   Conduct a pre-settlement inspection to confirm contract conditions are met. The solicitor finalizes the transfer, and keys are handed over once the process is complete.

The services vary depending on different factors. Such as:

• What services would you like, full services or partial services?

•  Are you looking to buying an investment property or an owner occupied property?

• Are you a first home buyer?

There are a few things to consider, that is why it is necessary to book in a free consultation call with us to work this out.

Each buyer’s situation is unique, and not all buyers require the assistance of a buyer’s agent. Similarly, our services may not be the right fit for everyone. The most effective way to determine if we can work together is to schedule a discovery call.

During this conversation, we’ll assess whether our buyer’s agent services align with your specific needs. We work with a select number of clients to ensure we can provide the highest level of service within the time frame available.