FREQUENTLY ASKED QUESTIONS

A buyers agent offers various types of services such as: Searching for and gathering properties that meet your criteria and then negotiating the purchase of that chosen property (whether by auction or private sale.) Depending on your needs, a buyer’s agent may search for one particular property or an entire portfolio, or they can negotiate a better price for you by compiling insights via due diligence and conducting building and pest reports on your chosen property and then developing a negotiation strategy.

An off-market property is a home that has yet to be advertised to the public and is not yet ‘on the market’. The sellers may have already engaged a selling agent and have a price point in mind, but they might be sitting back or taking their time to prepare before taking the property public. They use this time to see if their agent can attract any interested buyers before they must advertise the property publicly.

There are few surer ways of making money than investing in real estate. You can potentially strengthen your financial position and generate wealth, but it also means you’ll have a product that will be in demand as long as people need a place to rest their heads. But how do you choose your first investment property? There are a few things you’ll need to bear in mind. Look at location, capital growth of the area and its rental yield, condition and age of the property (does it need work), tax benefits, amenities nearby, property management and local council rates just to name a few. A Buyers Agent will take all of the above and more into consideration when searching for a property to ensure you make a wise investment.

Buyers Agents are licensed and regulated real estate professionals who act on behalf of the property buyer. Their purpose is to research, find and negotiate a perfect property for their client. This is as opposed to a real estate agent who has a contractual obligation to the seller and therefore has their best interests at heart. A buyer’s agent will always negotiate in favour of you- the buyer, their client.

How do you know when you’re getting what you want and what you’re paying for regarding buyer’s agents and their fees? Or if you’re not? Most buyer’s agent’s fees will start at two per cent and move up depending on the service type the client wants. Alternatively set fees may be established ranging anywhere from $5000 to over $20000 depending on the services. There will be a retainer that is payable upfront with the balance then being paid upon settlement.

Whether you’re relocating to Toowoomba for the first time, returning from years overseas, or looking to invest in the flourishing Toowoomba property market, our services are specifically designed to make the process as simple and successful as possible. Finders Key online platforms are designed with ease of communication in mind making it extremely efficient to liaise with all parties and our knowledge of Toowoomba and surrounds is second to none. So you can rest assured from which ever part of the world you are in- we have your property search in Toowoomba covered.