Buyers agent help please

Hi Sal

Agents will often specialize either in particular areas, and/or particular types of acquisitions (eg cashflow position properties, renovation properties etc.) If you are able to comment on whether you are leaning towards particular options it’d be worth mentioning so that folks can recommend appropriate operators for you:)

Hello Salvi,

I work for Momentum Wealth. Please feel free to google us. We are a team of over 60 people, operating in the Perth and Brisbane markets. We are quite unique in what we offer. Momentum Wealth has a research team of three people, who are constantly looking for the opportunities in the market, a town planner, buyers agency, finance (with a focus on development finance) property management and property development. We operate in both the residential and commercial markets. Our approach and service is quite unique.

Only 3% of the Perth market makes it on to my initial short list. I offer on 0.1% of this. For example this weekend of the 14,000 properties for sale in WA this weekend, there are only three that meet our criteria and the needs of my clients.

Over the last 7 years, we have bettered the capital growth in the Perth market by 3.2% compounded annually. On a $500,000 purchase this equates to $185,000 additional growth above what the market has delivered over the 10 year period.

If you have any questions, please PM me.

David Hall

Jamie Moore wrote:

Salvi23 wrote:

Any recomendations for good buyers agents to help source areas Australia wide .

Hi Sal

Which particular area do you want to buy in?

Buyers agents generally concentrate on a particular area?

Or was your first post a set up for spam responses?

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:) You are so suspicious Jamie! I am sure Sal will be back to explain…maybe

I will play along. As mentioned many BA’s target a small area particularly in inner ring areas of capital cities as they are unique markets, high price and the kind of clients who are happy to pay tend to frequent them. A few BA’s spread themselves around. It tends to be a bit more work but creates opportunities for clients who want to spread their risk. You can either find ones that travel, or pick different BA’s in each area. It really depends what kind of markets/deals you are trying to do. Some specialize in new property which could be fine but watch out that they don’t get paid by the developer or that aren’t acting in your interest, they are acting on behalf of them and cant possibly manage to put you first its a conflict of interest.