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Why real estate agent qualifications matter when choosing the right buyer’s agent
Learn which real estate agent qualifications you should consider before hiring a buyer’s agent.
Why real estate agent qualifications matter when choosing the right buyer’s agent
As of 2024, there are 8,876 registered commercial real estate agent businesses in Australia, with a sizeable number of buyer’s agents from which commercial property investors can choose.
So, how can you, as an investor, narrow down your selection to find the right buyer’s agent who can fulfil your commercial property goals and aspirations? One of the most important criteria you should look for in a buyer’s agent is their real estate qualifications.
Qualified agents offer many benefits, including faster sales and higher prices for represented properties, as research shows. With their expertise in market analysis, negotiation tactics, and legal intricacies, qualified buyer’s agents can ensure that your interests are protected and maximise your investment.
From identifying suitable properties to navigating complex contracts, their knowledge and skills play a crucial role in helping investors achieve their commercial real estate goals.
What real estate agent qualifications should investors look for when hiring a buyer’s agent?
Accreditation
Look for a buyer’s agent who is accredited by a professional industry body such as the Real Estate Buyers Agents Association of Australia (REBAA). Accreditation indicates that the agent adheres to professional standards and a code of ethics, providing additional assurance of their credibility and integrity.
Real estate licence
Ensure that the buyer’s agent holds a valid real estate licence issued by the relevant state or territory regulatory authority in Australia. This licence demonstrates that the agent has met the necessary property investment education and competency requirements to practise real estate and guide decision-making.
Market knowledge
Seek a buyer’s agent who has extensive knowledge of the local real estate market in the specific area where you are looking to invest. This includes understanding property values, neighbourhood trends, economic conditions, zoning regulations, and other factors that may impact your property investment decisions.
Client references
Request references or testimonials from past clients to assess the agent’s reputation and level of client satisfaction. Hearing about others’ experiences can provide valuable insights into the agent’s professionalism and effectiveness. Choose a buyer’s agent who can help you fulfil your investment goals.
Why work with Unikorn
At Unikorn, we understand that new investors in the commercial property market may find it challenging to find, negotiate, and close deals.
That’s why our team of real estate professionals is here to resolve any doubts you have and guide you through the process of acquiring your first property and building a cashflow-positive portfolio, allowing you to enjoy positive cashflow from day one!
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Want to collaborate with a qualified buyer’s agent? Unikorn is here to help
FAQs
It is wise to interview at least 2-3 buyer’s agents to compare their qualifications, experience, and personalities. Choose an agent you feel comfortable communicating with and trust to represent your best interests.
You should consider their ability to find the right tenants, their development expertise, as well as their market research ability.
Helen Tarrant, a property expert with more than 10 years of experience will show you the ropes to making educated decisions in commercial property investing.
Book a strategy session with us, today! Click here