Cost of Hiring a Buyer’s Advocate

Buying a home is tedious work as it takes time, research and a lot of paper work. As such, you have two options – do it on your own or get the help of a buyer’s advocate.

The process of buying a home can be done without a hitch if one gets the services of a professional real estate agent. With a trusted professional to assist you, you can be sure to find your dream home or at least one closest to that.

The fee for hiring a real estate agent depends on their expertise, the level of service you want and the extent of the job you need. Other factors that can influence the fee are the condition of the property you want to purchase, budget, search area, specific aspects and level of difficulty.

Full Service

The fee for a full service agent normally ranges from 1.5 percent to 2 percent of the purchase exclusive of the GST. This rate is similar to what seller’s agents charge.

Home buyers can also choose an agent who charges a fixed fee. A fixed fee is already set regardless of the property’s price which can actually save you such as in the event you purchase a property at a higher cost. This fee, however, may be collected in advance depending on the type of service you require.

Specific Service

If you require help only in certain aspect of the home buying process, you can still hire a buyer’s advocate but for a specific service only. As an example, you can get the services of an agent for negotiation only. At an auction, this real estate professional will negotiate the property price on your behalf before, during and after the auction.

The fee for a negotiation only service is usually one percent of the total purchase price plus GST. Or it can be a fixed rate depending on your agreement.

If you want to be represented during auction bidding, the fee starts at $500 for each auction an agent attends. You will have to pay an additional fee on a successful purchase from that auction.

Take note that most real estate professionals would already ask for payment of a portion of their fee during the signing of contract. The initial fee can range from $1,000 to 50 percent of their total fee and is non-refundable. In some instances when the purchase of a property does not push through, the fee can be refunded.

Non-refundable fees are meant to compensate the efforts of a buyer’s advocate in searching for your desired properties or what is called their chargeable time. This should be stated in the contract to make the homebuyer aware before he or she signs the agreement.

How to Pick the Right Buyers Advocate

Buying a house is a dream of many people and should, therefore, be done with much care. Various processes and numerous paperwork are involved in purchasing a residential property the reason why hiring a buyers advocate would be very beneficial to any home buyer.

Not all home buyers have the skills and knowledge that will enable them to acquire their dream property or a piece of real estate close to what they have always desired to own. But with a buyers advocate to help you in the process, you can be sure to buy the right home with the right price at the right location.

So how do you choose a buyers agent who you can trust and work with easily throughout the process?

Knowledge of local market

When searching for a buyers agent, look for one with a thorough knowledge of the local market. This is regardless you are buying in your locality or in another state.

An agent should not only know the best streets in a suburb but also those with a potential for upgrades and those that you need to avoid. Also, he or she should be able to get quick access to listings before they are released to the market.

Credentials

Make sure to check the credentials of your buyers agent. Find out his qualifications including any training he or she has undergone, what real estate associations he or she is affiliated with and whether the groups are credible. You can also ask if the buyers advocate has industry qualifications in other states.

One reputable association for buyers advocates in the real estate industry is the Real Estate Buyers Agents Association of Australia (REBAA). This group is composed of accredited professional and licensed buyers advocates in every state who are exclusive and covered by professional indemnity insurance.

Right Connections

A buyers advocate should also have established connections not only in the state where he or she works but also in other states. The first-class buyers agents are well connected with real estate sales agents which is vital in being able to get access to properties before they are sold in the market.

Agent’s Fee

Buyers advocates charge a certain fee, either based on the property’s purchase price or a fixed price. It can be a specific percentage of the negotiated purchase price such as from 1.5 percent to 2 percent. This is similar to what most real estate selling agents charge when selling a property.

Some buyers agents, however, charge a set or fixed fee in advance. The rate depends on the price, level of difficulty and other search criteria.

Best Convertible Car Seat – Britax Advocate 65 CS Convertible Car Seat

Are you looking for the best convertible car seat for your child? In this article I will share with you some valuable information about Britax Advocate 65 CS Convertible Car Seat.

When my son was ready to move out of his starter seat into something bigger, I decide to buy the best convertible car seat for him. I also wanted the top rated in safety that I could get. I was confident of this product from the rave reviews I read at Amazon.

Do you know how deadly effects of side impact collisions can be and how limited most children seats are in terms of protection from this type of incident? Luckily, Britax have all this issues covered in their products.

Britax Advocate 65 CS Convertible has two huge crash energy absorption pads on both sides to minimize injuries and shield children from banging their delicate face onto glass in a side collision.

What really make Britax Advocate 65 CS he best convertible car seat is because it has a tether feature that I have attached to my overhead tether connectors in the back of my Honda Odyssey. This make the car seat stood in place securely and firmly.

In just about fifteen minutes, I managed to install this car seat and it was a breeze to me as compared to my previous baby seat. If you are installing it rear facing, just remember to put it in full recline before installing.

The main reason I am willing to spent my money on this product is because of its safety reputations. However I also felt good seeing my boy being so comfortable and protected in what has to be one of the best car seats ever made.

If you are taking an airplane trips for vacation, this seat is also very easy to manage. Although the side panels make it seem larger than the Britax Boulevard, in reality it is as easy to handle as the Boulevard.

My husband and I took it with us to Las Vegas and had no issues. However, if you think of moving it from car to car on a daily basis, I feel it will be an inconvenience to you as it is quite big and heavy. But if you are willing to do it with another person, then it should be alright.

Other than that this seat is highly recommended for parents or caretakers who are very concerned about their child’s safety and well-being. I also felt good knowing that I have purchased the best convertible car seat that money can buy.