Hi,
Have anyone used a buyer agent before? Do they add any value? I am thinking of buying a property that is going for auction, I was wondering if a buyer agent would help in this type of situation? Could someone share some light?
Thank you in advance.
Buyer's agent's can certainly add value if they are skilled negotiators and know the market well. They can value properties better than the average investor and know when something is overpriced and what potential it has.
There is no skill in buying at an auction. A buyer's agent's negotiation skills will not be used effectively. Most buyer's agents will not buy at auctions because of that reason. They cannot use their negotiation techniques. If this is how you want to buy properties then you can do it yourself.
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