The importance of a buyer’s agent in a sellers’ market
House prices in Australia are booming. Thanks to the combined powers of historically low interest rates, unprecedented economic stimulus, and the coronavirus vaccine rollout returning confidence to the market, Brisbane is tipped to see a nearly 10% price surge in 2021 (CoreLogic).
In such a fast-paced market, timing is everything. Missing out on a property and not being able to purchase for another month or longer could mean facing three, four, or even five percent increases in prices, and more competition as additional buyers pour into the market. This is where a buyer’s agent’s intricate understanding of the current market and their deep insight into properties and suburbs, along with their expert negotiation skills provide the most value.
Particularly in the covid-era of travel restrictions where international and interstate buyers face extreme difficulties viewing a property in person, a buyers agent is paramount in ensuring the property you are purchasing is suitable and meets your requirements. They offer the greatest chance of securing your property for the best deal possible, avoiding costly mistakes and missed opportunities.
Queensland is becoming increasingly popular with interstate purchasers priced out of their local market, making competition fierce. International buyers looking to the sunshine state should consider engaging a buyer’s agent and securing their investment sooner rather than later to avoid further price rises. Contact us now to secure your ideal property and no more missing out!
