Here's a blog about why I started Buyer's Agency and why I'm still enjoying it 21 years later. I think the most important thing is why I started it back in 1997 as there weren't any other Buyer's Agents, and I actually got the idea from the United States but most of all got the idea from when I was working at Chadwick Real Estate Turramurra selling real estate. I noticed that I had a lot of family and friends asking me to bid at auction, to have a look at a property, negotiate for them because they saw me in the selling side of real estate and thought that I should know something about the buying side. Well I did but unfortunately I was never going to make money doing that because not only did I enjoy it but I was actually doing it for nothing.
So I started to research in the USA and found out that it's very popular there and also getting a lot more popular in London. So I decided to bring the concept here and I actually enjoyed working for the buyer and being their sword and shield in the transaction, because selling agents are well-trained in the environment to get the highest dollar off the buyer for the vendor. But the thing is, is that the purchaser never really had anyone representing them and people are buying property every 7 to 10 years which is their biggest financial decision. And I was just seeing people getting ripped off like you wouldn't believe, paying way over for what they should have been able to negotiate a lot lower that these agents would bring the emotional contention into the sale. And these people would end up buying for A LOT more than true market value.
What you really need to do is take the emotional involvement out to price the property correctly. And if you're not good at doing that, you should really get a professional Buyer's Agent to do that for you. But after 21 years, I have really enjoyed bringing this to fruition. There's about 200 Buyer's Agents in the country, that is the whole of Australia now. And the general public are getting represented a lot better out there as they've actually got someone to lean on to get independent advice to get a fair price and to take the emotional involvement out. So what I'm saying today is that 21 years into it, I am still loving it and I think that the industry is getting stronger and stronger as more people are coming into it.
I just wanted to thank everyone that has used our services in the past, using our services presently and we look forward to helping more people in the future. We really thank you for trusting us in your biggest financial decision and we hope that we can do the best for you in this present market.
We'd love to help you secure the right property for the lowest possible purchase price, so contact us today on 02 9960 1066 or enquiries@pkproperty.com.au.