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Answers
| Q. |
What
is the difference between a
buyer's agent
and a selling agent? |
| A. |
A licensed real estate buyer's agent
works exclusively for you, the buyer. Selling
agents represent the interests of the vendor (the seller)
and are therefore unable to give you impartial advice that
is in your best interests. Their responsibility is to sell
the property for the highest possible price; your goal is
to buy it for the lowest possible price. And you’ll
find that selling agents simply cannot give you the dedicated
time and attention that you want to find and buy the property
that’s right for you.
As a buyer’s agency, Property Wizards
goes much further in understanding and serving your needs,
organising all the details for you, and giving you expert
advice that’s got only your interests in mind. Top
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| Q. |
Isn’t
this service really for overseas buyers and
people with huge budgets? |
| A. |
Property Wizards works for local and
overseas buyers and the minimum budget is determined only
by the price of properties in the areas we cover.
As long as you recognise the benefit
of getting expert, professional input, you’ll see
the value of having us work for you. You’ll probably
use professionals to sell your property and do your conveyancing,
so why not get the experts on your side in searching for
and buying property as well.
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| Q. |
Will
Property Wizards guarantee to find me a property? How long
will it take? |
| A. |
If we think your search brief is
unachievable, we’ll tell you that before you engage
us. Our usual time for a search is 4-8 weeks,
depending on market conditions and your specific requirements.
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| Q. |
How
do real estate agents respond to working with Property Wizards? |
| A. |
Real estate selling agents are highly
cooperative and helpful when dealing with buyer’s agents.
However, once we are negotiating
terms and price with a selling agent, we are on opposing
sides of the negotiation. It is our skill as buyer’s
agents to understand the tricks of the trade, and use our
position of advantage to achieve the best price and terms
for our clients. Top
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| Q. |
Are
Buyer's Agents fees tax-deductible? |
| A. |
If you are purchasing an investment
property, the cost of using a Buyer's Agent may be tax deductible.
You should check with your accountant if this is possible
in your situation. Unfortunately,
there are no tax savings if you are purchasing a house or
apartment to live in. Top
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| Q. |
How
much does Property Wizards charge for
its service? |
| A. |
There is an up front Activation
Fee upon appointment to begin the property search. Once
a suitable property has been located and successfully purchased,
we then charge a final Success Fee.
Our clients recognize that we generally
save you at least the cost our fee in the negotiation. But
the real added value is in the potential for higher growth
in value by finding a better property. Top
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