Finding a Sydney Buyer’s Agent

Finding a Sydney Buyer’s Agent

Sydney’s property market encompasses some of the most competitive and sought after properties in the world. From the sparkling harbour views of the Eastern Suburb’s to the urban ‘it’ factor of the Inner-West, there’s a property to satisfy everyone’s taste. Housing prices in Sydney continue to experience unprecedented growth and there’s a reason why so many buyers want a slice of the pie. 

If you’re looking to buy a property in Sydney, working with a buyer’s agent (also known as a buyer’s advocate) is a great way to give yourself a competitive advantage and get yourself closer to securing your dream property. Buyer’s agents bring with them a wealth of benefits and can help you get on the property ladder in highly sought after areas including:

  • Hornsby
  • Oatley
  • Summer Hill 
  • Waverton 
  • Jannali 
  • And more

Here’s where to start when it comes to finding a Sydney buyer’s agent. 

Start Locally With a Sydney Buyer’s Agent

Whether you’re living in or near Sydney, or are looking to purchase from outside the Sydney area, starting with a buyer’s agent located in or around Sydney can come with a number of advantages. If you choose a buyer’s agent in your area of choice, for example, selecting a buyer’s agent based in Sydney’s Northern Beaches, the chances are high that they will have a lot of valuable local knowledge and relationships. This can be incredibly beneficial when it comes to finding you the right property. They’ll also be able to easily carry out in person inspections with you or on your behalf and should also have lots of useful local contacts 

Use our buyer’s agent directory to search for buyer’s agents located in and around Sydney. You can search by suburb or postcode and will find a useful summary on each including:

  • Contact information 
  • Directions 
  • Reviews 

Take it even one step further and drill down by the type of Sydney property you’re looking to buy whether it’s residential, for investment purposes or something entirely else.

Look Further Afield For A Sydney Buyer’s Agent  

A buyer’s agent does not need to be located in or around Sydney in order for them to help you buy a property in Sydney. Many buyer’s agents have contacts all over Australia (and even further afield) so it’s going to be no hassle for them to source properties in your target area that are going to meet your criteria. So if there’s a buyer’s agent that you’re already working with and are happy with, stick with them. If you’ve had a referral or just want to deal with someone that’s close to you, no worries. A buyer’s agent can really work from anywhere – managing remote inspections on your behalf, finding the right specialists and more. 

Find your closest agent, or other agents located over Australia in our Buyer’s Agent Directory.

Becoming a Sydney Buyer’s Agent

If you’re looking to get more involved with the Sydney property market and take advantage of the huge amount of earning potential, then becoming a buyer’s agent might be your next step. 

Start a new adventure that is going to teach you new skills and challenge you to be the best that you can be. Get in touch with our team today to learn more. 

Finding a Buyer’s Agent Near Me

Buyer's agent

So you’re looking to find a buyer’s agent (also known as buyer’s advocate) to buy your next property. Well done on taking this step. With the property market being as competitive as it is, buyer’s agents offer a number of benefits which can help you get that step closer to securing your dream property.

So how can you find a buyer’s agent near you?

Start with our buyer’s agent directory 

We’ve done the hard work for you by creating a buyer’s agent directory that includes all the information you need on buyer’s agencies and agents across Australia. 

Here you’ll find a comprehensive profile for each buyer’s agency or agent including:

    • Address 
    • Contact information 
    • Opening hours 
    • Business profile 
    • Reviews 

Too easy! No need to waste any unnecessary time trying to search for this information across the web. 

Find a buyer’s agent based on your location 

Whether you’re looking to buy property in Gold Coast, Sydney or Perth, you can use the intuitive search interface to enter your state, city or postcode to generate a list of buyer’s agents that are in your area. 

A handy map will show you where each buyer’s agency is located in relation to the location you’ve inputted. 

Find a buyer’s agent based on your property type 

While you might be looking to work with a buyer’s agent that’s close by, you might also have some other criteria in mind for the type of property that you’re looking to buy. Some buyer’s agents are going to be specialists in buying residential property, while others might excel in commercial or industrial property. 

Use our buyer’s agent directory to narrow down your results, by searching for buyers agencies in your location of choice that can help with buying : 

    • Residential property for investment purposes 
    • Residential property for your primary residence 
    • Development sites 
    • Commercial property 
    • Industrial property 

You’ll be working with the right buyer’s agent and securing your dream property in no time! 

Speak to a local property specialist 

Chances are that there’s a local real estate agent that you’ve dealt with in the past, whether buying, renting or leasing a property, that can help point you towards a local buyer’s agent that can assist you. Or maybe there’s a conveyancer you trust that you’ve worked with a number of times. 

Referrals can be a great way to connect with a good quality partner. Keep in mind, you still need to do your research when it comes to choosing the right buyer’s agent

No luck finding a buyer’s agent nearby?  

Still can’t find what you’re looking for? Never fear, at the Buyer’s Agent Institute, we work with Australia’s best buyer’s agents and would be more than happy to point you in the right direction.  Or maybe you’ve started thinking about whether you might like to start buying property as a part time or full time career? 

Drop us a line and we’d be happy to have a chat.

Finding a Gold Coast Buyer’s Agent

Gold Coast Property

The property market in the Gold Coast is red hot. From Burleigh Heads to Tamborine Mountain, more and more investors are seeing the appeal of laid-back coastal living mixed with excellent investment return. There’s a reason why the Gold Coast currently has some of Australia’s highest average monthly rental prices.

Getting your foot in the door can be tricky and that’s why working with a buyer’s agent (also known as a buyer’s advocate) can be your pathway to successfully buying property in the Gold Coast. 

They’ll be able help you find property in some of the key growth areas including: 

  • Broadbeach 
  • Coolangatta
  • Mermaid Beach
  • Southport 
  • Surfer’s Paradise  
  • And more

Here’s where to start when it comes to finding a Gold Coast buyer’s agent.

Look Locally for a Gold Coast Buyer’s Agent 

Whether you’re based in or near the Gold Coast, or are looking to purchase remotely, starting with a buyer’s agent based in the area can be a good move. The advantages of this is that they will likely have a lot of local knowledge on different areas in the region, they will have relationships with key local contacts including real estate agents and surveyors and can carry out in person inspections on properties. 

Use our handy buyer’s agent directory to search for buyer’s agent in and around the Gold Coast. You can search by suburb or postcode and will find a useful summary on each including: 

  • Contact information 
  • Directions 
  • Reviews 

You can even take it one step further and filter down by the type of Gold Coast property you’re looking to buy whether it’s residential, for investment purposes or something entirely different.

Broaden Your Horizons to find a Gold Coast Buyer’s Agent  

Being local to the Gold Coast doesn’t need to be the determining factor when it comes to picking who you want to work with to buy Gold Coast property. Whether you have an existing relationship with a buyer’s agent outside the region, have had a referral from someone you trust or just want to work with someone close by, a buyer’s agent can work from any location to secure you the property of your dreams. 

Buyer’s agents have an extensive network of relationships that they rely on to source opportunities, so there’s every chance that they’ll be able to help you find what you’re looking for, from any location in Australia or beyond.

They’ll be able to manage remote inspections of Gold Coast properties for you, find the right local specialists and ensure a smooth process to help you secure your dream home. 

Our Buyer’s Agent Directory includes agent’s located all over Australia. 

Becoming a Gold Coast Buyer’s Agent

Regardless of your location, if you’re looking for an exciting new career change and are motivated to buy property in the Gold Coast, then becoming a buyer’s agent might be for you. 

You’ll find so much opportunity to achieve financial success, learn new skills, build invaluable relationships and so much more. 

Get in touch with our team today to learn more.

Best Free Resources to Use When Researching Property 

Knowing where to start when it comes to researching and buying a property can be a little daunting. That’s why we’ve compiled all the best free places that you can go to get information on market prices, trends and more to give you that competitive edge. 

It’s worth noting that some of this data requires expert analysis and that’s why we always recommend working with a buyer’s agent (also known as a buyer’s advocate) as they’ll be across the latest trends and be able to properly assess all the factors influencing the desirability of a property. 

Or become a buyer’s agent and transform yourself into a property expert. You’ll love it! 

Understanding the Market 

Here are some sites that you can use to get some broader data and insights into the overall nature of the market.

Australian Bureau of Statistics

The Australian Bureau of Statistics (ABS) provides a wealth of historical and statistical data that can be used to gain insights into changing demographics and key market trends 

CoreLogic 

CoreLogic is a great place to start when looking into buying a residential or commercial property. Here you’ll find expert reports and commentary to help with making more informed decisions. 

Used both by agents and consumers, CoreLogic offers a large array of free and paid reports to help with understanding the market at a macro level as well individual property information. 

Royal Bank of Australia

Each month the Royal Bank of Australia (RBA) provides a snapshot of Key Economic Indicators which you can use to interpret and speculate on where the market is at and going. 

SQM Research

SQM Research provides research and data which is useful to investors when making purchasing decisions. It includes free reports which encompasses everything from auction results to rental yields. 

There’s also the option to access premium solutions which include a property explorer, Boom & Bust report and more. 

Speak to an Expert 

If you’re not well versed in what some of these indicators mean, get in touch or seek out your local buyer’s agent for some expert opinion to give you more context and an interpretation on what these figures mean. 

Choosing the Right Suburb

Not sure which area you should start to look for your home or investment property in? 

Doing some research into a couple of key suburbs that are on your radar is highly recommended as this a good way to see what growth potential is in store. Plus, you may come across an area that you were previously not aware of. 

DSDR Data 

Use the handy suburb analyser that DSDR Data offers  to look at a numerical rating for your prospective suburbs. You’ll also find info on the nature of supply and demand in suburbs and other familiar statistics like auction clearance rates and days on market.

There are also a number of other useful tools available. 

Homely

Have a burning question about a suburb or want to see what others think about the area they live in? Homely offers extensive user generated feedback that you can interact with. 

Whether it’s a suburb review or a question in their forum, you’ll likely get the insider view. 

Microburbs

Microburbs offers information on the suburb of your prospective property that the listing most likely does not include. Get access to information on neighbourhood demographics, local schools, cafes, commute times and more. 

This can make a real difference, particularly, if you’ll be living in the property. For example, if you rely on public transport, you want to make sure that it’s readily available and that there’s local amenities in close proximity to the property. 

Tudi

Use Tudi to find the right suburbs with both an opportunity for growth and healthy a healthy rental return. It can also help you identify when it might be the best time to buy and sell. They offer both free and paid plans. 

Searching for Property 

There are a wide range of sites that you can use to start searching for property in Australia.

Start with these major players. A handy tip is to set up tailored alerts for each and you can also download their mobile applications for simplified use. 

Realestate.com.au 

Realestate.com.au is the biggest property site in Australia. Here you’ll find most property listings with lots of nifty filters to narrow down the type of property you’re after. 

Check out their free blogs for interesting news and content and you also get access to lots of free property data which comes from 3rd party suppliers . 

Domain.com.au 

Not far behind as the major source for property listings and information in Australia is Domain. Domain offers a sophisticated interface with plenty of listings and news for you to dive into. 

Finding the Right Buyer’s Agent 

You’re not going to find everything you need online. Whether it’s a property that’s just not listed or you simply just don’t have the time to be regularly trawling a heap of sites, you can rely on a buyer’s agent to take on the heavy lifting for you. 

Use our handy buyer’s agent directory to find a buyer’s agent that meets your requirements.

Got Your Own Suggestions? 

There are so many useful resources out there when it comes to property hunting, and these are only a small handful of what’s out there.

Do you have your own that you regularly use and find useful? 

Contact us and let us know what is working for you. 

How to Choose a Buyer’s Agent?

Womam at a laptop searching for a buyer's agent

Choosing the right buyer’s agents (also know as a buyer’s advocate) to help with purchasing property may seem overwhelming, particularly when faced with so many great specialists out in the marketplace. However, armed with the right information, selecting a buyer’s agent need not be impossible. 

Here’s our handy tips on what to consider when choosing a buyer’s agent to represent your best interests.

Start with location 

If you already have a location in mind for where you’re looking to buy, make sure that the buyer’s agent that you’re working with is comfortable with coverage of this area. You might like to start by searching for buyer’s agents that are local to this area, as it’s likely they’ll already have established many relationships with key contacts. 

Keep in mind, however, that physical distance is not necessarily a barrier for selection as there are many buyer’s agents that successfully work remotely.

At the end of the day, you want to make sure that the buyer’s agent you’re working with has in-depth knowledge of the locations you’re looking to buy in and the relationships to go with that.

Start by using the Buyer’s Agent Institute Directory to search by location and looking at the listing pages of agents to see what locations they specialise in. Too easy! 

What type of property are you looking to buy? 

Not all property is the same. The way that you buy residential property can be very different to the way that you go about finding and negotiating commercial premises. Make sure that the buyer’s agent you choose to work with has experience and knowledge in buying the type of property you’re looking to acquire. That way you’re likely to get the best possible outcome. 

You can search by property type using the Buyer’s Agent Institute Directory to find agents that specialise in: 

  • Residential property 
    • Primary residence 
    • Investment property  
  • Development sites 
  • Commercial property
  • Industrial property 

Reputation means everything 

When weighing up options for a product or service, reviews and word of mouth can be critical for helping us to decide which direction to move in. 

Do research online 

When researching a buyer’s agent make sure to look at their online presence to see what past or existing clients have to say about their service. This can be crucial for identifying any potential red flags. 

Speak with past clients 

Ask to not only speak with clients that were a success, but to also to speak with a client that didn’t go to plan. There should always be a client experience that was not so smooth.

Speak with real estate agents

You can do your research on a buyer’s agent by asking real estate agents in the local area you are looking to buy. You can ask what their experience has been working with the buyer’s agent you may be considering. Getting feedback from real estate agents can give you a deeper level of insight of how a particular buyer’s agent operates.

Listen out for referrals 

Even better is if a family member, friend or work colleague is able to make a direct recommendation to you. At the end of the day, you want to feel secure that the buyer’s agent you choose is committed to a high level of service and to delivering client outcomes. They’ll also want to ensure that you pass on the recommendations at the end of your buying journey. 

The Buyer’s Agent Institute Directory has taken out some of the hard work by consolidating online reviews for each buyer’s agent on individual agent listing pages. 

Make sure the price is right 

Price can be a major factor when buying property. There’s no doubt that using a buyer’s agent has its benefits. Working to a budget means that it’s important to find a buyer’s agent that meets your financial requirements. It’s up to you to do your research and find an agent with a fee structure that you’re comfortable with. You may even be able to negotiate based on a number of factors including the services provided. Maybe you only need the buyer’s agent to assist with certain parts of the buying process, as opposed to a full service offering.

Be upfront with your buyer’s agent and it’s likely you’ll be able to reach a mutually beneficial outcome suited to your needs. 

Trust your gut  

Ultimately, you need to feel confident and you need to feel good about the buyer’s agent that you’re working with. Nothing beats picking up the phone or having a coffee face to face with a prospective agent to get a sense for how you communicate and interact with each other.

If you don’t get a good feeling in your interactions, move on. There’s plenty of buyer’s agents out there that would love the opportunity to provide you great service and secure your dream property. 

Finding a buyer’s agent 

Now that you know some criteria to consider when choosing a buyer’s agent, you can go about finding one. Use our Agent Directory to find the right buyer’s agent for you.

Tips for Winning an Auction

Property Auction

There’s no doubt that the property market can be a tough battle to enter. Particularly, when there’s a slew of other buyers with their eyes on the same prize as you. 

If you’re looking to buy a property to occupy or to use an investment property and it’s not available for private sale, then it’s essential that you arm yourself with the best strategies to ensure maximum success. 

With auctions being so emotionally charged, doing the necessary preparation and potentially working with a buyer’s agent (also known as a buyer’s advocate) will help to prevent you walking out of the auction having overpaid or missed out on a great buy. 

Here’s some tips to give you an edge next time you’re at an auction. 

Do Your Research 

If you’re going to be attending and bidding at an auction, it’s important to do your research on the market so you have some level of expectation before walking in. Start by looking at the clearance rates for the previous month so you can get a sense of what the level of interest from buyer’s is going to be. A clearance rate above 60% is going to indicate that the auction is likely to be more competitive. However, don’t let this deter you from still participating, as you never know what interest is going to be like on the day. 

While in the market to buy, try to get to as many auctions as you can (if you have the time, otherwise a buyer’s agent might be your best option), even if you’re not planning to bid, as these present are a fantastic opportunity to get a feel for the process and to learn what other bidders are doing. 

Know Your Strategy 

Going into an auction, it’s crucial to have a strategy for how you want to bid. Do you want to start proceedings off with a high bid or wait for the end of the auction once other bidders have shown their cards?

If you start the bidding off early with a low offer, you may offend the seller. Whilst this may not seem like a big deal at first, this could come back to hurt you when going into negotiations. Or you may want to start with a large bid that takes out much of the competition. However, this could reduce your chances of nabbing a bargain as you push the purchase price up. 

Many bidders at auction find success by coming into an auction during the second half once the bidding has calmed down. However, the risk that you could face is being too late to bid and missing the chance to submit your bid before the auctioneer has hit the gavel to confirm the sale. 

Ultimately, whether you’re planning to bid early or late, it’s important to bid with confidence so that other participants know that you mean business. This may be crucial in them deciding to bow out when it comes to a bidding war. 

Don’t Forget Your Budget 

It can be incredibly tough going into an auction if you’ve fallen deeply in love with the property you’re bidding on. Auctions are designed to generate the best possible outcome for the seller and auctioneers are experts at working the room to push the purchase price as high as possible. 

It’s so important that you go into an auction with a clear idea of what your budget is. Start by setting a budget for what you’re willing to spend, your ideal purchase price and an absolutely maximum budget. 

You need to be diligent in sticking to this maximum budget and not getting caught up in the adrenaline. Some suggestions for this is to: 

  • Enlist the help of a buyer’s agent or a friend that can attend the auction with you and keep you on the right path 
  • Write your budget down on your phone or on a piece paper and have it in front of you at the auction, so you have a reminder of that absolute maximum amount you’re willing to pay for the property  

Don’t forget that this won’t be the only property out there that you fall in love with and if you do miss out, there will be another property that comes along that meets your criteria. It’s better to wait for the right property that fits within your budget, then to overpay on a property that you can’t afford. 

It’s the Little Details 

The way you carry yourself and where you are positioned can be helpful in asserting your position at an auction. Dressing to impress and arriving in a luxury car, can give the impression of money and make other bidders more wary and intimidated of you. 

Where you choose to place yourself can be key to how visible you make yourself to other bidders and how easily you’re able to watch them. Arriving at the auction early, will ensure you’re able to choose the best location to place yourself. If it’s a seated auction, you might like to position yourself right at the front, showing other bidders that you’re a serious contender. However, you might also like to stand, to differentiate yourself from the rest of the crowd that are seated. 

Body language can be a key signifier of how a bidder is feeling, so looking for signs of weakness, such as long pauses and reluctant bidding, helps to establish when an opponent is likely to drop out. 

Consider Using a Buyer’s Agent

Taking in all of the above can be overwhelming, particularly if you’ve got a million other things going on in life, but then you also need to put into action. 

The experience that a buyer’s agent can bring to an auction could be what determines whether you nab that dream property or not. The market knowledge, expertise and emotional detachment from the property that a buyer’s agent has will be certain to work in your favour. 

Once you engage the services of a buyer’s agent, you just need to confirm with them a budget and they’ll sort out the rest for you. Say goodbye to that emotional temptation to go over budget. 

While buyer’s agents are not free, here’s some handy info on how much a buyer’s agent can cost, you’ll most likely make back the money you spend, on time and money saved.

Consider Becoming a Buyer’s Agent

If you really want to up your property game, then consider enrolling to become a buyer’s agent. The Buyer’s Agent Institute offers a comprehensive program that can be studied remotely and at your own pace, and will give you the skills and connections to really get your foot into the property market. 

Start with this free on-demand class or get in touch with the team for more information. 

What to look for when buying property

Woman looking to buy property

So you’ve decided to start looking for a new property to buy. Whether you’re looking to buy a new home or an investment property there are a number of considerations which should always be taken into account. This is to not only ensure that you find a property that meets your requirements, but so that you avoid purchasing a property that may cause you further problems down the line. 

Here are some key factors to be thinking about when choosing your next property:   

Location, Location, Location 

Just because you like a property, doesn’t mean that you should discount the location of where that property is situated. The location of a property can be critical in determining how much value your property increases and how much the property serves your needs. Here’s what you need to be pondering when it comes to location. 

Understand the local area

When buying a property, you’re also buying into the local area and it’s essential that you understand what opportunities and limitations are in place. Research indicates that many buyers regret the areas that they buy into and this is why thorough investigation (and potentially the guidance of a buyer’s agent) is paramount. 

Things to consider include: 

  • Local amenities that are available and their proximity to the property (e.g. supermarkets, banks etc) 
  • Access to public transport 
  • Other potential developments that may impact your property. Check what zonings are in place.  
  • Council restrictions 
  • Crime rates in the area 
  • Sense of local community 
  • Quality of school catchment

Visit the property on different days of the week and at different times to ensure you get no nasty surprises. For example, if you’re looking at a property near a main road, you might find that at peak hour during the week the street can become noisy and filled with traffic.

Future Growth

If you’re savvy with the location you choose to purchase your residential or investment property in, you could be buying into an area that in 5-10 years time could be worth a lot more. Using the above information and the guidance of experts, you may like to choose an area that is valued lower, but is predicted to grow. Keep in mind that nothing is a guarantee, so all you can do is your best to predict future growth. 

Dive into the Finer Details 

Buying a property is a big decision so it’s crucial that you do as much research and due diligence into the property as possible to put you in the best possible position. 

A good place to start is by finding out why the property is on the market. You can talk to the selling agent about this. However, keep in mind that you might not get all the reasons. Reach out to neighbours directly in the area to get a little more insider information on this. 

Get Good Quality Expert Advice 

It’s unlikely that you’ve got the experience or knowledge to fully understand all the various documents that come with buying your new property. Hence, make sure you engage with experts that you trust will do a good job. If you’re working with a buyer’s agent, they’ll already have a number of existing relationships with conveyancers, solicitors and more that they can leverage to assist you. 

Review the Building Report 

Make sure you and an expert thoroughly review the building report to identify any potential issues such as structural defects and so that you’re clear on what you’re buying into. You don’t want to be buying a property that you then have to, unexpectedly, spend money renovating or fixing. 

Get a Strata Report 

When it comes to buying into strata, it’s essential that you get a strata report done so that you can pick up any red flags like a potentially large special levy for capital works. It’s also good to familiarise yourself with the by-laws of the building, as if you have a pet and you’re looking to move into a building that has a no pets by-law, then you’re likely to run into trouble. There are many organisations that specialise in providing detailed analysis on strata reports. 

Choose a Good Solicitor 

With the property contract, get a good solicitor to review this so that they can make sure that everything is in order. For example, maybe there’s an unusual clause around the vacate date which needs to be negotiated further. Investing in good advice will be sure to pay off in the long run. 

Work With a Buyer’s Agent 

Have you considered working with a buyer’s agent (also known as a buyer’s advocate)? What even is the role of a buyer’s agent? A buyer’s agent can deliver you a huge range of benefits such as saving you time, money and energy and can help guide you through all the important factors to consider when looking to buy property. 

Find a buyer’s agent in your local area and learn more about how they can help you to buy property better

Don’t Limit Yourself 

It’s easy to sometimes have a narrow vision when looking for property. If you’re looking for an investment property, and ideally one that will drive large growth returns, it might be worth considering looking for property in another state. By diversifying your portfolio, you could be taking advantage of different property markets which might be at different stages, thus driving positive returns. You could also be spreading your land tax liability based on the conditions of each state. 

A way to move into other markets that you might not have first hand knowledge of, is to work with a local buyer’s agent who is on the ground and can walk you through each step. 

It Starts With You

Establish Your Requirements

Everyone has different needs when it comes to buying property to either live in or use for investment purposes. The most important thing is getting clear on what it is that you need from a property so that you avoid any future disappointment. Start by honestly asking yourself what features of the property are essential versus what would be nice to have. For example, if you’re looking to buy a house and start a new family in a couple of years, it might be important that you have an additional bedroom. Or maybe a designated parking spot is crucial, as you rely on driving as a regular mode of transport. Get really clear on what you requirements are. 

Get Educated

If you’d like to get better at buying property for yourself, or maybe for others, it would be worth considering undertaking study to become a buyer’s agent. This is an excellent way to gain practical knowledge on all the steps involved when it comes to buying property. You’ll build invaluable relationships with key industry personnel that will put you at an advantage when buying property. 

Get in touch with the friendly team at the Buyer’s Agent Institute to learn more or watch this free webclass.

Buying Property Using Your Super

Buying Residential Property Using Your Super

Are you looking to make your super work harder for you and to invest in property to make long term gains? You’ve come to the right place. 

With property presenting the opportunity for high growth returns, more and more investors are setting up self-managed super funds (SMSF) to invest in residential and commercial property. Here are some key tips to take into account before embarking on this exciting investment journey. 

You Need a Self-Managed Super Fund 

Unfortunately you can’t just use your super to buy property. Only a self-managed super fund will allow you to directly purchase a residential or commercial property. Your industry super may give you indirect exposure to property via your investment portfolio strategy, however, this is done by your funds own allocation of shares. 

Setting up a self-managed super fund is a big decision that can require a significant investment of time and money. So you need to think carefully about whether this is a path that you want to go down. Your self-managed super fund can have up to four members, and as a member you are a trustee of the fund making you responsible for fund decisions and complying with the law. 

You’ll also need to meet a number of regulatory checks such as the ‘sole purpose test’ which highlights that any purchase of property must be made to provide retirement returns to members of the SMSF. The Australian Taxation Office has a handy guide where you can learn more about what’s required when setting up a self-managed super fund

Get Professional Advice From An Expert 


It’s highly recommended that you engage with an expert (or multiple experts, if needed) to give you financial and legal advice on setting up a SMSF so that you’re fully aware of everything that’s involved. This advice and guidance can be crucial in avoiding any expensive headaches further down the line. You can’t put a cost on peace of mind. 

The Differences Between Buying Residential & Commercial Property When Using Your SMSF 

Not all property works the same way under a SMSF. In deciding whether to buy a residential or commercial property, you’ll need to take into account a number of considerations for each. 

Residential Property 

If you’re looking to buy a residential property using your SMSF then you need to know that this property cannot be lived in by any of the trustees or anyone related to a trustee. It also cannot be rented by any of the trustees or anyone related to a trustee. If you own an existing residential property, your SMSF cannot buy this from any of the trustees or anyone related to a trustee. 

If you do not have the full funds available to purchase a residential property using your SMSF, your SMSF can borrow money via a loan. However, it’s worth noting that the lending criteria can drastically differ from your typical loan, based on the risk presented to the financial institution. 

Commercial Property 

Unlike investing in residential property, there can be more flexibility when acquiring commercial property using your SMSF. Commercial properties can be sold and leased to SMSF members.

This can present a number of benefits for businesses. 

A small business may adopt a strategy where they purchase a business premise using their SMSF and then pay rent directly to the SMSF. As mentioned above, it’s important to get the right advice, as rent would need to be paid in a timely fashion and at a market rate. 

While a premise may look attractive to a business as part of a SMSF, the purchase needs to comply with the overarching goals of the SMSF which is to provide retirement returns to the trustees. If there’s limited growth expected for a property, then it may need to be reconsidered. 

As with residential property, acquiring a loan via your SMSF to fund the purchase of a commercial property will result in tighter lending criteria. 

Work with a Buyer’s Agent 

Once you’ve decided to purchase property using your SMSF, working with a buyer’s agent (also known as a buyer’s advocate) to secure your dream property can save you time, money and give you access to a range of properties you might not have known existed. Buyer’s agents work with a range of clients everyday (including many of those who are using a SMSF), buying residential and commercial property, and will be in a great position to help you secure a property that is going to meet investment criteria. Their expert guidance will ensure the process is as easy and carefree as possible.

Use our handy guide to find the right buyer’s agent for you

Become an Expert Yourself

Do you have a keen interest in learning more about property? Or maybe you’re considering a career change? Consider a career in property buying. This is a fantastic opportunity to build new relationships in real estate, help yourself and others achieve their property goals and find a career that you love.

Get in touch with our friendly team or watch our free webclass to learn more.

How to Start a Career in Property

man jumping on cliff

A career in property can not only be incredibly fulfilling but can provide you with the opportunity to generate a great deal of wealth. Whether you’ve been stuck in the daily grind for a number of years, or are fresh out of school, there’s no limitations on what you can achieve as a buyer’s agent (also commonly referred to as a buyer’s advocate) in the real estate market. 

There’s no such thing as too old, too young, not qualified enough… as long as you have the right tools and a can-do attitude, you’re likely to go far. 

If you’re thinking about embarking on an exciting new career in property, then check out these handy tips to help set you in the right direction. 

Ask yourself if property buying is right for you? 

A passion for real estate is going to be so valuable in giving you the motivation to succeed in your transition into a career in property. Do you regularly read real estate news? Do you know what the prices of properties look like in your local area? If not, don’t despair. It’s never too late to get started. The industry is so dynamic and always changing, so by keeping your finger on the pulse you’ll be feeding your passion to succeed. 

You might be wondering about where you should focus your efforts and whether you want to be buying or selling property. Here are the key differences between a buyer’s agent and a real estate agent

Still unsure which path is right for you? There are so many good reasons for why you should become a buyer’s agent. Still not convinced? Get in touch with the friendly team at the Buyer’s Agent Institute to find out why property buying could be right for you. 

Complete a course in property buying

 

Education is so important in setting the foundation for the skills you need to succeed. Particularly, when it comes to a career in property. By investing in further education, you’ll be investing in your future and giving yourself the best chance of success. 

Studying to become a buyer’s agent with the Buyer’s Agent Institute is designed to give you everything you need to launch yourself into the property market as a well equipped buyer’s agent. You’ll learn everything from how to negotiate huge property deals, expertly service clients, set up your business and more. In addition, you’ll receive ongoing support from a community of like minded individuals who are also focusing their efforts on making their mark on the industry. 

Already working full time? No problem, you can complete your studies at the Buyer’s Agent Institute on a part time basis. You get to choose the pace at which you study, giving you the freedom to set the speed at which you transition into a career in property. 

Gain real life experience 

There’s nothing like practical real-life experience to help build your network and set your expectations for what a career in property will be like. On top of study, make a list of local buyers agents and reach out to find if there are opportunities for work experience. Even if it’s just grabbing a coffee with your local agent, there’s so much you can learn, just from asking questions. The Buyer’s Agent Institute has a network of agents from all types of backgrounds, so reach out to our team if you’d like help connecting with an agent to help answer any questions. 

You can also start regularly viewing properties and auctions so you can get more familiar with the market and the steps involved when buying property. You’ll be surprised how much extra you can learn. 

Just do it

It’s so common to keep putting off important decisions just because they seem too hard. What we often forget is how much is lost by not taking that first step into what can be a life changing direction. 

Speak to the team at the Buyer’s Agent Institute today to find out how you can get started in an exciting career in property.

Why Become a Buyer’s Agent?

Why Become a Buyer’s Agent

Maybe you’re working 9 to 5 in an unfulfilling office job, or you’re out on the road each day doing something that really isn’t bringing you joy. It doesn’t have to be like this… 

A career in property buying can open up a number of doors that you may not have ever known existed. With a can-do attitude and a willingness to learn, regardless of your work history, you can build a successful career as a buyer’s agent (also known as buyer’s advocate) that could see you earning up to six figures in your first year. Plus, you get to help people secure their dream property in the process. It’s a win-win all round! 

If you’re not already convinced, here are some of the reasons why you should consider becoming a buyer’s agent today. 

Build Property Market Knowledge 

Whether you have experience working in the property industry or not, becoming a buyer’s agent will provide you with the market insights needed to navigate the often tricky path of property buying. Working in the property industry will ensure you understand what types of property are in demand, what the trends are for pricing in particular suburbs, where gains can be made and more. There’s so much more to understand than what you just read on property sites, and the first hand experience you gain working in the market will set you up as a property market guru.

Develop New Skills  

It’s easy to become stuck and to feel like you’ve reached your capacity when it comes to your skills and capabilities. That does not need to be the case. Working as a buyer’s agent will give you the opportunity to build so many new skills that you may not have had the chance to develop. 

Don’t see yourself as a good networker? Not confident when it comes to negotiating contracts? Preparing to become and working as a buyer’s agent will arm you with an array of new skills that will push you to achieve more than you ever thought possible. 

From designing a business, acquiring clients, establishing industry relationships and more, you’ll have the chance to learn so many life defining skills, setting you on the path to success. 

Achieve Financial Success 

Did you know that property buying is one of the fastest growth markets in Australia? If you’re passionate and committed, working as a buyer’s agent can deliver huge financial rewards that you might not have thought possible. The market is only getting bigger and bigger, and now is the opportunity to carve yourself out a piece of the pie.

Watch our free webclass to understand how you can replace your 9 to 5 income as a buyer’s agent. 

Help Others 

Have you spent the majority of your working career doing something that doesn’t really benefit others? At least not directly? 

 

Becoming a buyer’s agent gives you the opportunity to really make a difference in the lives of others. Working closely with your clients, you can help them to find the property of their dreams and to achieve financial success. 

There’s no better feeling than the satisfaction you’ll get from repeat business and positive client referrals.

Flexibility, When You Need It 

Tired of full time work? A career as a buyer’s agent can give you the flexibility needed to set your own hours and pace for work. If you’re working for yourself, you can decide how many clients you want to take on, giving yourself the time to pursue other passions and priorities. 

It’s time to say goodbye to the 9 to 5! 

Take Charge of Your Career  

One of the most exciting things about starting a career in property buying is the opportunity to hit the reset button and really enter a new career with guns blazing. Instead of waking up dreading having to start your day, you’re going to feel passionate and optimistic about what you can achieve for yourself and your clients. 

The Buyer’s Agent Institute will give you all the practical skills and tools necessary to become an agent for change and build a successful career as a buyer’s agent.

How to Become a Buyer’s Agent? 

Get in touch with the friendly team at the Buyer’s Agent Institute to learn how you can kickstart your new career today. What are you waiting for – the time is now.