Aquila Property Investment operates on a buyers agent model to ensure an independent, professional and client-focused service. Read below to find out more about what a buyer’s agent is, and how an Aquila Buyers Agent can help you find the best property investment to achieve your financial goals.
WHAT IS A BUYERS AGENT?
A buyers agent is a licenced real estate agent who is paid by and acts on behalf of the buyer, rather than the seller.
HOW IS THIS DIFFERENT TO A NORMAL REAL ESTATE AGENT?
The vast majority of agents are selling agents – i.e. they act on behalf of the seller and they are paid a commission by the seller if the property is sold. As such, they are representing the interests of the seller, and a selling agent’s job is to get the best price for the seller. Some people will seek out a selling agent for their advice on what kind of property to buy. While selling agents can be a useful source of information, they are not independent. Asking a selling agent what property to buy is like asking your bank who has the best home loan.
Most property investment companies act as selling agents for new properties being sold by developers. As such, they are selling you a product, not providing you with an independent service. If a property investment company is offering you properties for free, they are almost certainly receiving a commission for the sale of the property. These commissions can range from 2.5-10%+ of the overall value of the property.
WHY DOES AQUILA USE A BUYERS AGENT MODEL?
A buyers agent acts on your behalf to locate suitable properties and help you to purchase them at the best price. Aquila Property Investment operates exclusively for the property investor, so we have tailored our approach to suit the needs of our clients. From an Aquila Buyers Agent you can expect:
- Investment strategy developed for your unique circumstances and long-term goals;
- Property market research to determine the best locations to invest;
- A shortlist of potential investment options which have been physically inspected and meet a range of strict criteria;
- Negotiation on your behalf to achieve the best price for your selected investment;
- Manage a team of professionals to ensure a smooth settlement process; and
- Help you appoint a professional property manager and assist in finding suitable tenants.
HOW IS AQUILA DIFFERENT TO OTHER BUYERS AGENTS?
Most buyers agents specialise in a small geographical area, such as a couple of suburbs in the one city. While they are undoubtedly experts in their area, this area is unlikely to also be the best place within the Australian property market to invest. Many buyers agents also focus on finding properties for owner-occupiers rather than investors. For investor clients, it is in their interest to recommend properties within their local area of expertise, instead of the area that will make for the best investment.
Aquila Property Investment operates from a top-down model, identifying locations and property types that will achieve the best rental returns and capital growth over the long-term. We focus exclusively on investment property, and can select from a wide variety of markets to ensure a property matches your investment strategy and price-point. We don’t just recommend residential property either – in some cases commercial property can better achieve a client’s needs. By charging a flat fee instead of commission, Aquila ensures that the advice you receive is completely independent.
Aquila also offers a more comprehensive service than most buyers agents, by taking responsibility for the settlement process and helping you manage and structure your investment after the purchase.