5 Questions You Should Ask Your Property Finder Before Hiring Them

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By mishel

When it comes to buying real estate, especially in a competitive market like Melbourne, enlisting the help of a professional real estate finder can be a game-changer. The property buyers agents in Melbourne have the expertise and resources to help you find your dream real estate and negotiate the best deal. However, not all real estate finders are created equal, so it’s essential to ask the right questions before hiring one. So, this article will discuss five crucial questions you should ask your real estate finder to ensure you make an informed decision and secure the best professional services for your needs.

1.    What Is Your Experience in the Melbourne Real Estate Market?

When it comes to choosing a real estate finder, experience is critical. You want someone who deeply understands the Melbourne real estate market and its nuances. So, ask your potential agent about their experience in the industry, how long they have been operating in Melbourne, and the number of successful transactions they have facilitated. As of mid-2019, the fastest growing capital cities by annual population increase were Melbourne at 2.3% and Brisbane at 2.1%, while Darwin at -0.8% was the only capital to have a net reduction (ABS, 2020)

2.    What Services Do You Offer, and How Do You Charge for Them?

It’s crucial to clearly understand the services your real estate finder offers and how they charge for them. They may offer various services, including real estate search, inspections, negotiation, and settlement assistance. Some may even provide additional services like real estate management or investment advice. Inquire about their fee structure, whether a flat fee or a percentage of the land’s purchase price.

3.    Can You Provide References or Testimonials From Past Clients?

One of the best ways to gauge the credibility and reliability of a real estate agent in Melbourne is by hearing from their past clients. So, ask for references or testimonials from clients who have used their services. Talking to these individuals will give you valuable insights into their experiences working with property buyers’ agents in Melbourne. You can ask about the level of communication, the effectiveness of the strategies, and the overall satisfaction with the services provided. Agents in Melbourne who are confident in their abilities will gladly provide you with references to showcase their track record.

The real estate market is constantly evolving, and your real estate finder needs to stay updated on the latest listings and market trends. So, inquire about their methods of staying informed and whether they have access to exclusive listings that are not publicly available. Ask if they are acquainted with other agents, developers, or industry insiders that can give them an edge in finding properties that align with your criteria.

5.    Can You Explain Your Approach to Real Estate Search and Negotiation?

Understanding the real estate finder’s approach to property search and negotiation is crucial to assess their suitability for your needs. So, inquire about their search process, including how they identify potential properties, conduct inspections, and assess the value and potential of each real estate. Additionally, ask about their negotiation strategy and how they aim to secure the best possible deal on your behalf.

Hiring a real estate finder can be a wise investment when searching for land in Melbourne. And by asking these five critical questions, you can better understand the real estate finder’s experience, services, and approach. Also, remember to choose a real estate finder with a wealth of experience in the Melbourne market, clear and transparent pricing, positive client testimonials, up-to-date market knowledge, and a strategic real estate search and negotiation approach.