We offer a special service for people in need of Real Estate and Property Advocacy.
A property advocate, often referred to as a buyer's agent or property buyer's advocate, is a professional who specialises in representing and assisting buyers of real estate. Our role and functions can be quite comprehensive and vary depending on the specific needs of clients.
Here are the key aspects of what a property advocate does:
1. Market Research and Analysis: Property advocates conduct extensive research and analysis on the real estate market. We have an in-depth understanding of current market trends, property values, and potential investment areas. This enables us to advise clients effectively on where and what type of property to buy.
2. Property Identification and Sourcing: We source properties that align with our clients' criteria. This involves finding properties listed on the market, as well as off-market properties that the general public may not be aware of.
3. Due Diligence: Before making a purchase, a property advocate conducts thorough due diligence. This includes evaluating the property's condition, checking for any legal issues, and ensuring that the property meets all regulatory requirements.
4. Negotiation and Bidding: We negotiate the purchase price and terms on behalf of the client. This can involve bidding at auctions or negotiating with sellers or their agents in private treaty sales.
5. Advocacy and Representation: Property advocates act solely in the interest of the buyer, unlike real estate agents who typically represent the seller. They provide unbiased advice and are committed to achieving the best possible outcome for their clients.
6. Coordination and Support: We coordinate inspections, engage with solicitors, and liaise with other professionals such as building inspectors or mortgage brokers to facilitate the buying process.
7. Strategic Planning: For clients who are investors, property advocates can assist in developing a long-term property investment strategy, considering factors like rental yields, capital growth potential, and risk management.
The role of a property advocate is particularly valuable for those who are either unfamiliar with the real estate market, do not have the time to undertake the extensive process involved in property buying, or need expert guidance to make informed decisions in a complex and often competitive market.