Frequently Asked Questions
Buyers Advocates/Buyers Agents
What is the difference between a buyers agent and a selling agent?
A buyer’s agent works exclusively for the purchaser, whereas a selling agent works directly for the vendor (the seller) and is unable to give you unbiased advice. A selling agent’s responsibility, as required by law, is to act in the best interests of the vendor, while the goal of a buyer advocate is to buy for the lowest possible price and best conditions possible. Buyer advocates must act in the best interests of the purchaser, as required by law.
When should I use a Buyer Advocate?
What is the benefit of using a buyer’s agent?
Whether it’s your first property or if you are a seasoned property investor, we will take the time and stress out of buying. We know the tricks of the trade and can negotiate a better price on your behalf because we are experts in the industry and do this every day.
From start to finish we will assist you with every aspect of the buying process, everything from providing a shortlist of properties and arranging inspections, to bidding on the property on your behalf and organising all of the paperwork once the property as settled.
How long will it take to find me a property?
What happens if I find a property myself and want National Property Buyers to assess its value for money and assist me in purchasing the property?
Do National Property Buyers work with real estate agents?
How does National Property Buyers charge for its service?
Our fees are usually agreed in advance and the majority of the fee is paid upon successful purchase. This is the success fee. There is an engagement fee which you pay at the beginning and this is typically $2,000 + GST. The engagement fee is subtracted from the total fee once a property has been purchased.
Engagement fee + Success fee = Total fee.
Is there a cost for the first meeting?
Do we have any interest in any of the properties we buy?
What’s the difference between an Appraisal and a Valuation?
Can you buy on my behalf even if we are not there?
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Property Management
Why should I use a property manager?
Can you recommend how much I should be charging for rent?
How soon will you be able to find tenants?
For new listings we will need to take photos of the property to advertise, however we will work with you to find the most suitable time to do this. Once the open inspection has been completed and suitable tenants have been identified, we will organise all of the paperwork so the tenants can move in as quickly as possible and your rent can be collected.
How do you select tenants?
Once you let us know we can look for tenants, we will immediately conduct a marketing campaign to advertise and promote your property to the widest audience. After holding an open inspection we will conduct a thorough screening process on perspective tenants, including contacting previous landlords, current and previous employers and credit reference checks.
What happens if a tenant does not pay rent on time?
How much does National Property Buyers charge for its service?
Brisbane Office Details
Address: Suite B 111/8 Cordelia Street, South Brisbane, QLD 4101
Phone: +61 7 3844 7376
Send us a message: Click here