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  • Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6
    October 18, 2010 - 10:48 am

    I’ve been trying to do the sums but as I’m still learning it’s a little daunting to make sure I’ve taken everything into account.
    I’ve been working up a excel document which I’m adding to as I learn about other things to consider and I think I will very shortly have a good document to ensure I can do the sums.

    I’ll also engage the services of an account when I have a good grasp myself but I wondered if anyone had any immediate thoughts on here.

    Thanks for the tips provided above.

    Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6
    October 18, 2010 - 10:45 am

    Have looked at Metropole but haven’t met with them yet – I’ll see how I go with the ones I have now and check them out if I’m not comfortable with any on my meet and greet list at the moment.
    illuminati, you may a good point about the percentage not encouraging them to get the best price for me so I’ll look for someone with a flat rate.

    Still haven’t been able to track down any reviews on Vicki Small which is worrying me slightly although there are no bad reviews either…..

    Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6
    October 16, 2010 - 9:18 pm

    Hi Lora4486

    We are fairly new to then as well which is why we are still researching & looking for someone we are comfortable working with.
    So far all the companies we have spoken to charge an engagement fee to start the search (ranging from $1000 – $1800 with the companies we’ve spoken to) and then the rest of cost is paid on exchange of contracts. This varies with the different companies, some charge a flat rate, some charge on a sliding scale depending on the cost and some charge a percentage of the purchase price (this seems to be around 2.5%).

    The main benefits seem to be saving you time, getting you access to off market properties and helping with negotiation (hopefully saving you their fee)

    If you are going to research the Real Estate Buyers Association of Australia lists those that are members.
    http://www.rebaa.com.au/

    Hope that is of some help….. now I need someone to have dealt with Vicki Small for a review on http://www.sydneypropertybuyersagents.com.au/ :)

    Cheers

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