Working With Real Estate Agents to Buy/Sell Land in Victoria
Either you will buy a piece of land or you will sell land, in either case, you will be hiring a real estate agent. Working with the buyers’ agent and working with the sellers’ agent and buying land in Victoria directly are all different. In this blog, we will take you through the differences in all three processes. In order to buy or sell land, there is a good chance that you will be working with a real estate agent especially when it comes to searching for a land. A good agent or a broker (the owner of a real estate brokerage) can be a great resource as they will help in locating, evacuating, and comparing the pieces of land. Just remember that unless you are working with the buyer’s broker, the real estate agent might be working for the seller, if not you. No matter how professional, friendly or informative the real estate agent might be. No matter how many properties and agent shows you, the agents traditionally work for the seller and have a legal fiduciary obligation to act in the best interest of the seller. Also, when you have to get down to the financial nitty gritty of prices and offers, you must take their advice with utmost caution. In fact, most real estate agents are quite knowledgeable about houses than the vacant land, so their knowledge about the wells, septic tank system, zoning, and the rest may be limited. You will have to do your own research and make sure the land you are wanting to buy fulfills your needs. In order to buy or even sell land, you must choose a real estate agent carefully as there is a lot of money on the table and mistakes can cost you a lot of financial security. Hire a professional real estate agent who is knowledgeable and experienced. The one who works in coordination with you, listens to your needs and even have a good rapport in the market. Irrespective of the agent you are working with, their first priority will always be their client. The seller’s agent will strive to sell at the profitable price while the buyer’s agent will strive to get their client a great deal. Their idea is to get the deal happen. The real estate agents get paid the same irrespective of number of lands they show you. So, it is also to say that the professionals work in the best interest of their client and go above and beyond to get the work done successfully. If you are looking for such seasoned, driven and highly experienced real estate agents, call the team of Raine and Horne.