What Is A Buyers Advocate?

A Buyer’s Advocate is a representative who deals with all aspects of the purchase of a property, searching, evaluating, and negotiating the purchase of property on behalf of the buyer including attending open for inspections, making inquiries with agents, requesting contracts and bidding at auctions. The buyer’s advocate is required to hold a Real Estate License to perform their duties.The buyer has a verbal and financial agreement with the advocate. The advocate is given instructions regarding the buyer’s requirements and price range or budget. Using an advocate is generally tax-deductible when purchasing an investment property.The advantages of utilizing a buyer’s advocate are to manage your time, detach emotionally from the sale and have the guidance of a licensed professional who scopes the market for you. Often, advocates have a clear knowledge of the area and are able to provide sound advice on the growth potential of the area of interest.For more information visit us today at conveyancer.com.au or call 1300 635 556