Question about getting a buyers agent

Hi Investor,
Interesting question !!

Because say for example he looks for houses for you and he spots an amazing deal that is available on the market, and the buyers agent job is to tell you of such opportunity. Isn’t there a good chance that they might take that house and take your attention to another house so they can buy that one? Or am I missing something?

I would say there is as much chance of that happening as if you approached a RE agent to find properties to suit your circs. If they find a “hot deal”, wouldn’t they also go the same way and not present it to you? So really, you are “at their mercy”.

The flip side though is this:-
1. No Buyers Agents nor RE agents are able to buy EVERY red-hot deal that comes up. Instead, they build rapport with investors (who they hope will become regular customers of theirs) by offering these little gems to their lists of buyers.

2. They are in the business of FINDING properties for someone who is paying them for doing it. Hand in hand, they are endeavouring to “build their business” – now, if a BA was to stiff you by buying something that would have suited (and you happen to find out about it) how likely is it that you will use their services again? Buckleys comes to mind.

Hope that helps,
Benny

One person can only buy so many properties!