Chapter 11: Using a buyer's advocate and other professionals
The sure-fire way to know you are buying the right property at the right price is to use a buyer’s advocate. Also called buyer’s agents, buyer’s advocates are licensed real estate professionals who specialise in searching, evaluating and negotiating the purchase of property on behalf of a buyer for investors and homeowners.
While a selling agent (real estate agent) works for the seller (or vendor), a buyer’s advocate works exclusively for the buyer. Some buyer’s advocates also offer a vendor advocacy service but, by law, an agent cannot represent both parties in the same transaction.
Buyer’s advocates have access to industry data not readily available to the general public, by way ...