Forums / Property Investing / Help Needed! / Buyers Agents Reviews

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  • Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6

    Hey,

    Wondering if anyone has deal with Vicki Small from http://www.sydneypropertybuyersagents.com.au/.
    We are considering using her to assist with our search for property in Sydney but haven’t been able to find any reviews on line on her services.

    We’ve also spoken to Oasis Property Buyers (http://www.oasisproperty.com.au/) who we quite liked and are about to meet with Capitol 360 (http://capital360.com.au/) before we make a decision.

    If anyone has dealt with her or has any recommendations / thoughts on any other buyers agents I’ve love to hear from you.

    Cheers

    Profile photo of Lora4486Lora4486
    Member
    @lora4486
    Join Date: 2010
    Post Count: 28

    Hi,

    Sorry I don’t have any thoughts or help for you but actually a question, do you know how much buyers agents cost or how that works? I was considering using one as well, but am very new to the concept so don’t quite know how it works…

    TIA

    Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6

    Hi Lora4486

    We are fairly new to then as well which is why we are still researching & looking for someone we are comfortable working with.
    So far all the companies we have spoken to charge an engagement fee to start the search (ranging from $1000 – $1800 with the companies we’ve spoken to) and then the rest of cost is paid on exchange of contracts. This varies with the different companies, some charge a flat rate, some charge on a sliding scale depending on the cost and some charge a percentage of the purchase price (this seems to be around 2.5%).

    The main benefits seem to be saving you time, getting you access to off market properties and helping with negotiation (hopefully saving you their fee)

    If you are going to research the Real Estate Buyers Association of Australia lists those that are members.
    http://www.rebaa.com.au/

    Hope that is of some help….. now I need someone to have dealt with Vicki Small for a review on http://www.sydneypropertybuyersagents.com.au/ :)

    Cheers

    Profile photo of CatalystCatalyst
    Participant
    @catalyst
    Join Date: 2008
    Post Count: 1,404

    I recommend Jacque at-

    http://www.housesearchaustralia.com.au/   Lovely lady and very knowledgeable. I like the personal service that some of the big companies don't offer.

    Also

    Alan at

    http://www.propertunity.com.au/     Covers Newcatsle and surrounds also.

    Profile photo of illuminatiilluminati
    Member
    @illuminati
    Join Date: 2006
    Post Count: 81

    i don’t like the idea of paying someone a % rate for negotiation… what’s their incentive to fight for a better price?
    saving time and getting access to off market properties sounds good. but i’d definitely choose a flat rate if i could.

    Also, just have to be very specific about what you’re looking for, sometimes its hard to explain to a 3rd party why one property is appealing over another very similar property.

    Profile photo of CatalystCatalyst
    Participant
    @catalyst
    Join Date: 2008
    Post Count: 1,404
    illuminati wrote:
    Also, just have to be very specific about what you're looking for, sometimes its hard to explain to a 3rd party why one property is appealing over another very similar property.

    Agree if you are looking for a PPOR. An investment not so much.

    It should be about the numbers not whether it's appealing.

    I purchased through a BA. My specification- under market value and maybe opportunity to add value through reno. Decent yield. CG prospects. In Sydney. That's it. I'm open minded when it comes to making money.

    Profile photo of Charles 1Charles 1
    Participant
    @charles-1
    Join Date: 2010
    Post Count: 65

    Have you checked out Metropole – they always seem to be mentioned and always good feedback:
    http://www.sydneybuyersagent.com.au/

    It’s a hard decision isn’t it – what criteria are you using to chose the buyers agent you will use?

    Profile photo of taffygirltaffygirl
    Member
    @taffygirl
    Join Date: 2010
    Post Count: 6

    Have looked at Metropole but haven’t met with them yet – I’ll see how I go with the ones I have now and check them out if I’m not comfortable with any on my meet and greet list at the moment.
    illuminati, you may a good point about the percentage not encouraging them to get the best price for me so I’ll look for someone with a flat rate.

    Still haven’t been able to track down any reviews on Vicki Small which is worrying me slightly although there are no bad reviews either…..

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,065
    Catalyst wrote:
    Alan at

    http://www.propertunity.com.au/     Covers Newcatsle and surrounds also.

    Yep, extremely knowledgeable – he posts a lot on the somersoft forum.

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of LinarLinar
    Member
    @linar
    Join Date: 2004
    Post Count: 567
    Charles 1 wrote:
    Have you checked out Metropole – they always seem to be mentioned and always good feedback: http://www.sydneybuyersagent.com.au/ It's a hard decision isn't it – what criteria are you using to chose the buyers agent you will use?

    Be wary about using Metropole.  They also sell their own properties so if you do decided to use them, do your due diligence and, if they are trying to sell you one of their properties, make sure that you get completely independent advice, ie, valuation, solicitors, conveyancers etc.

    K

    Profile photo of sharve01sharve01
    Member
    @sharve01
    Join Date: 2010
    Post Count: 4

    Hi,
    We used Gavin from Oasis a few years ago to buy our PPOR on the Northern Beaches and were very happy. We paid a flat fee which I liked.
    I used them due to a recommendation from a mate of mine who also bought on the Northern beaches so I didn't check anyone else out so I can't offer a comparison unfortunately.
    Not sure whether they cover other areas.

    Cheers,

    SH

    Profile photo of LHLH
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    @lh
    Join Date: 2010
    Post Count: 97

    Chris Grey is also a good reference – he wrote the book "The Effortless Empire"…www.yourempire.com.au

    Profile photo of oneworldoneworld
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    @oneworld
    Join Date: 2010
    Post Count: 23
    LH wrote:
    Chris Grey is also a good reference – he wrote the book "The Effortless Empire"…www.yourempire.com.au

    He is giving away truckloads of this book, very light in content, more like a multi pages advertising brochure for his service. Building a property portfolio is hardly effortless.
     

    Profile photo of Charles 1Charles 1
    Participant
    @charles-1
    Join Date: 2010
    Post Count: 65
    Linar wrote:
    Charles 1 wrote:
    Have you checked out Metropole – they always seem to be mentioned and always good feedback: http://www.sydneybuyersagent.com.au/ It's a hard decision isn't it – what criteria are you using to chose the buyers agent you will use?

    Be wary about using Metropole.  They also sell their own properties so if you do decided to use them, do your due diligence and, if they are trying to sell you one of their properties, make sure that you get completely independent advice, ie, valuation, solicitors, conveyancers etc.

    K

    Hi I’ve looked into metropole – spoke with them – they definitely do not have any properties for sale – they say they are more than buyers agents- they call themselves property strategists and don’t sell any properties.

    Profile photo of RayyyyRayyyy
    Member
    @rayyyy
    Join Date: 2003
    Post Count: 1

    I can recommend Rich Harvey and his team at http://www.propertybuyer.com.au in Sydney, NSW

    As a professional buyers agency in Perth WA, we have interviewed several operators in other capital cities and have referred clients to only a select few buyers agents.

    Good luck with your choice

    Profile photo of reddahaydnreddahaydn
    Member
    @reddahaydn
    Join Date: 2009
    Post Count: 28

    i have met with Pino from capital360 and he seemed very good. they're not just a buyers agency,, they help you manage it as well. I didnt end up using them as there is another group a lot cheaper in melb. I will probably use the cheaper one for the first 2-3 houses then shift to capital when my portfolio is starting to get large.

    Profile photo of chetnik73chetnik73
    Participant
    @chetnik73
    Join Date: 2007
    Post Count: 47

    Sorry to bring back a thread from the dead, but was wondering if anybody had a more recent experience with Vicki Small from sydney buyers agents.

    Also can somebody give a realistic expereince of using a BA in a heated market like we have currently and what (if any) benefit this provided to them.

    Thanks

    Profile photo of bacchubacchu
    Participant
    @bacchu
    Join Date: 2004
    Post Count: 62

    I am currently dealing with one in a hot hot market….For one i know for certain my BA is not going to save me any money ..coz there is no low balling in this market anymore..everyone is paying overs so u need to factor in purchase price + your BA fees ….there is NO property that sells before coming on the market..the owner would have to be crazy to sell before open house ……..they can save u a bit of legwork by looking at properties before you ..even that these days is not happening with agents not letting anybody see anything till open day ……its crazy out there in sydney !

    Profile photo of MactierMactier
    Participant
    @flynnmactier
    Join Date: 2017
    Post Count: 2

    I never dealed with them.

    Profile photo of MonMon
    Participant
    @myat
    Join Date: 2016
    Post Count: 3

    Hello,

    Which buyer’s agents are recommended for buying an investment in Melbourne? Thanks.

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