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Updated over 1 year ago,
Buyers Agents Fees - Perth, Australia
Hello guys!
Hope all is well.
I'm an aspiring real estate investor with a solid 6 months of self-education (thank you BP!), a relatively clear strategy (BRRRR) and I'm almost ready to start buying (we are currently running through the pre-approval process).
I am now in the middle of J Scott's TBOFH and he recommends a buyers agent to get going. Here in Perth, Australia though the buyer actually pays the Buyers Agents commission which is 1-2% of the sale price.
As a first-time buyer would this have made you guys probably shy away from using a buyers agent if you had to pay them? A good deal is a good deal isn't i suppose wherever it comes from, and this would seemingly get the ball rolling more quickly than approaching listing agents instead?
I have framed it in my head as a slightly more expensive than usual Wholesaler.
Here in Australia we also have stamp duty the buyer pays which is typically 3-4% of the sale price.
Anyhoo guys, keen to hear your thoughts!
Thanks in advance
Jon