Buyer’s Agents – Guiding Locals and Foreign Buyers to a Happy and Rewarding Home buying experience Helen Mayfield June 4, 2017 Business Real estate investments in Australia look attractive to many foreigners wanting to out their money in use and profit because unlike other overseas markets like Hong Kong and USA, Australia has never experienced any significant crash. If you are a foreigner and into home buying in any state or Australian territory, a Sydney buyer’s agent can help you to be thoroughly guided in your property buying in Sydney and other states in Australia. Here’s how Researching, planning and budgeting Before you buy, it is essential that you research, plan and budget for your purchase. If you are eyeing a Sydney home, talking first to a Sydney buyer’s agent will help you do the research, planning and budgeting for your purchase and get local advises on selection of affordable area and with properties that have great returns. The agent would help you determine if you can afford a purchase because this is important aspect in getting approved by banks. Being realistic in your budget and purchase will help you get your dream Sydney home. This applies not only to foreign buyers but also to local and first time homebuyers. For affordable area in Melbourne, buyer’s agents Melbourne is the initial step in finding great Melbourne property so make sure your Melbourne property hunting is with one. Organizing your team Your property buying should have a team working for you. Your Sydney buyer’s agent will help you organize your team. It is common to have a conveyancer and a mortgage broker in your team and your buyer agent will recommend the best individuals and make sure all are licensed to deal with the state you have chosen and can help you apply for a mortgage and who specifically work with international buyers and borrowers. If you are buying commercial property, an accountant will be recommended in your team if required. Representation in all aspects A buyer’s agent’s main obligation is to negotiate a deal for buyers. Also part of the job is to represent buyers who are located overseas especially in physical inspection of the property. The agent also sees to it that the property offers the best opportunity and the buyer’s interest is protected. Your buyer’s agent Sydney also can do the final inspection of the day of settlement and make sure it is completed without any delay and issues. Property buying in Australia has been attracting locals and foreign investors because of the property market’s stability. However, it is needed that foreign buyers should be guided accordingly in order to make the home buying a happy and rewarding experience. And, the real estate team including buyer’s agents is tapped to assume the responsibility and keep the market healthy and stable.