When buying property it is better to have a professional beside you to help make the right decision. There are many brokers in the market and it is quite difficult to find the good ones. This is the problem many face when hiring a brokers. Here are few tips to help you find a good broker.
Talk to the recent clients
If you are buying property in Melbourne and looking for a buyers agent in Melbourne you can search the web to get some brokers and most importantly to check if they are good, you can contact the previous clients and get a reference from to check the quality of the service. If you can’t find client testimonies online in their websites, you can even request them to refer some previous clients for you to talk to and see. This is a safe way to select brokers, because most of them do not do a good job.
How long have they been in the business?
When you are select good buyers agents in Melbourne you need to check how long they have been in the business. Longer they have done it more experience they have. However this doesn’t mean you shouldn’t give a chance to a newly appointed broker. Sometimes they are keener to help you and eager to get it right. There are many pros and cons of hiring both experienced and inexperienced brokers. Whichever the case it is always better to hire somebody at least with a one year experience in the business.
Check if they accept seller’s listings
If you are looking for a 100% exclusive service, you should check if the broker accepts seller’s listings. This is when they agree to promote properties that are for sale or rent. The problem here is that they get more money by selling off a house than helping you to find one. In this case they may try to sell you the houses under their listings. This is not a exclusive relationship and chances are you may end up buying a property that is not worth your money. If the broker you choose has other house listings then it is wise to look for someone who does the business exclusively.
Check their license
Check if they have a valid license to do any financial valuations of the properties. This is helpful when you take their advice on how much a property may value after sometime. Brokers are usually acted as a fiduciary. Meaning they the middle connection between you and the seller, so it is helpful if you check the credentials of the broker thoroughly.