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Updated over 6 years ago on . Most recent reply

User Stats

80
Posts
36
Votes
Ryan Spearman
  • Auckland, New Zealand
36
Votes |
80
Posts

What is your opinion on buyers agents?

Ryan Spearman
  • Auckland, New Zealand
Posted

I live in New Zealand in a city with very expensive housing, so I have started to invest out of town in a cheaper city.

I have a couple of doors and want to acquire more but am finding it very hard to find deals.

I have been talking to a buyers agent in the city I'm looking in, and it seems like it could be a real good way of being able to thoroughly look into a market that I don't know as well as my own. They seem to have plenty of connections to both on and off market deals.

Is this just another name for a turnkey? Everyone talks about having a great agent on your team, especially when buying long distance, but do they mean buyers agent? Ie, the buyer paying the agent?

They charge approximately 4.5% per purchase, which isn't huge, but isn't insignificant. Then again, if they find deals that I couldn't and they are more than 4.5% cheaper, then it must be worth it right?

What is the general consensus here?

Most Popular Reply

User Stats

80
Posts
36
Votes
Ryan Spearman
  • Auckland, New Zealand
36
Votes |
80
Posts
Ryan Spearman
  • Auckland, New Zealand
Replied
@David Clinton III simply by finding a deal at a price I can’t I suppose

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