Buyers Agents

Viewing 12 posts - 1 through 12 (of 12 total)

Roxy
Member
@roxy
Join Date: 2003
Post Count: 3
November 2, 2003 - 9:46 am
[] Hi all
I think I just put this question in the wrong section. Oh well…
Does anyone have any words of wisdom to share regarding buyers agents. Paying someone to do all the leg work. Not having a car and not having the time to get out and source properties in regional area’s makes the whole process of property purchusing go nowhere. Has anyone used an third party to specifically find positive cashflow properties for them?
cheers []
Rox
westan
Member
@westan
Join Date: 2002
Post Count: 1,950
November 2, 2003 - 12:16 pm
hi roxy
there is certainly a place for buyers agents but
the education you gain by doing the research yourself is just so valuable. you really need to do it yourself if you want to become a true property investor. its the process of learning how to find and do the deal that will make you wealthy just as much as the property itself.
bye westan
MJK
Member
@mjk
Join Date: 2003
Post Count: 157
November 3, 2003 - 3:32 am
Roxy,
I personally find using a buyers agent the only way to go when investing interstate. I used a realestate agent that acted as a buyers agent for me by showing me property that wasn’t listed with her organisation. Also I used a reputable buyers agent to help me buy a commercial property.
The point I would make is that you need to be actively involved in finding the right agent and then make sure they are finding what YOU WANT.
Lets face it we cant be flying interstate every week can we?
To buy residential locally I wouldn’ use a buyer because I could do it myself.
MJK
PropertyGuru
Participant
@propertyguru
Join Date: 2003
Post Count: 1,502
November 3, 2003 - 6:09 am
Hi MJK,
Can you please tell me about your buyers agent.
Cheers
MJK
Member
@mjk
Join Date: 2003
Post Count: 157
November 3, 2003 - 6:34 am
Sent an email to you.
MJK
Celivia
Participant
@celivia
Join Date: 2003
Post Count: 886
November 3, 2003 - 6:54 am
I am also interested if you don’t mind, MJK, just to look into it as I find it really hard to find time as well when you have kids and a busy life. I’d appreciatre it, here’s my email: [email protected]
MJK
Member
@mjk
Join Date: 2003
Post Count: 157
November 3, 2003 - 7:05 am
Email sent.
Perhaps I sould say that I don’t think my agents will be the type to find “11 second rule” properties, although the commercial property is, it was $470,000 which may not fit everyones criteria.
The residential agent found me capital growth properties that I could nuetrally gear.
MJK
PropertyGuru
Participant
@propertyguru
Join Date: 2003
Post Count: 1,502
November 3, 2003 - 7:09 am
Thanks a lot MJK,
Cheers
Roxy
Member
@roxy
Join Date: 2003
Post Count: 3
November 3, 2003 - 7:19 am
Me too please…..
my email is [email protected]
thanks MJK…. []
Roxy
Mortgage Hunter
Participant
@mortgage-hunter
Join Date: 2003
Post Count: 3,781
November 3, 2003 - 7:30 am
Roxy,
Just took the liberty of sending you a property list from an investment group I hear from occassionally.
It isn’t a sales pitch or even an endorsement – just for info.
Cheers,
Simon Macks
Mortgage Broker
[email protected]
0425 228 985
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Celivia
Participant
@celivia
Join Date: 2003
Post Count: 886
November 3, 2003 - 11:27 am
Thanks MJK, I keep it in mind.
Winterose
Participant
@winterose
Join Date: 2003
Post Count: 31
November 3, 2003 - 1:01 pm
Hi Roxie,
If you have not bought an investment property before you need to do the legwork yourself. If you have bought before, buyers agent are great especially for interstate purchases, I have bought one property in Qld with one, and now on the lookout for a second one with a new agent. However they do not tend to have much knowledge about country propertie or positive gearing.
Best of luck [:X]
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