Are property buying agents a luxury or are they worth their weight in gold?
When you decide to hire a professional buying agent, you open the door to a distinct advantage: access to properties that are typically undisclosed to other buyers. These properties, often referred to as off-market properties, are not widely available or publicly advertised. But how does this access occur, and why are buying agents able to provide such exclusive opportunities?
Accessing Off-Market Properties
Retaining a property buying agent establishes regular contact with leading estate agents, granting access to properties that would otherwise remain unknown to you. Moreover, a skilled property buying agent can negotiate a significantly better price than you could achieve on your own, saving you money, time, and anxiety. However, it may not be the right choice for everyone.
Many property buyers looking to acquire country houses, farms, houses with an equestrian set-up, even development opportunities are regularly represented by a professional buying agent. Estate agents prefer to deal with a buyer who is being represented as they recognise their seriousness and commitment to the purchasing process.
Selling agents often explore various marketing options with their clients, including the possibility of granting a buying agent exclusive access to view the property before it is openly marketed. Buying agents frequently receive communications from agents, informing them about off-market properties that are available for purchase prior to their official launch in the open market.
This unique advantage allows buyers represented by buying agents to gain early insights and explore potential opportunities that are not available to the general public. These off-market properties encompass a diverse range of desirable options, including unique properties, prime locations, and attractive investment prospects that remain exclusive to a select few.
Many stunning country houses that you see for sale and advertised in the glossy property magazines are frequently ‘under offer’ or have already ‘exchanged contracts’. This is often due to property buyers who had the opportunity to view the property and negotiate the deal weeks before the advertisement even appeared. This emphasises the advantage of engaging a buying agent who can provide early access to these sought-after properties, increasing the chances of securing a successful transaction.
An experienced residential property consultant possesses not only in-depth knowledge of the local property market but also a profound understanding of the buying process in the UK. They also have expertise in knowing the local area, and what sales have been sold recently as comparable evidence to assist them in their negotiations.
On average, people relocate approximately once every 7 years and therefore have limited experience of buying a property. Moreover, many people are not inherently skilled negotiators and may not fully grasp the intricacies of the buying process. In such scenarios, the expertise of a buying agent becomes invaluable, offering valuable guidance and support throughout the transaction.
Buying a property is often regarded as the most significant purchase one will ever make; it therefore must make sense to have an experienced advisor and professional on your side, providing invaluable expertise and guidance throughout the process.
Discover Exclusive Opportunities: Uncover Off-Market Properties with Premier Property Search
For further information on how we can offer our experience, contact Nigel Sellers – a professional buying agent at Premier Property Search on 01962 793 100 or email enquiries@premier-propertysearch.co.uk
