Home buyers get their own agent
WHO’S representing who in the real estate game?
Dave Grams would like people to consider this question before they make their next real estate purchase.
Mr Grams kicks off his business, Home Buyers’ Advantage, today to represent the interests of buyers as opposed to real estate agents who, he said, were bound by law to get the best possible price for the property seller or vendor.
Mr Grams said his role would vary for each client – from market opinions at the lower end to full blown services including short- listing appropriate homes, negotiating on the buyer’s behalf and organising building and pest inspections.
Prices for the service range from about $500 to one or two per cent of the purchase price, Mr Grams said – “but realistically our job is to save people more than that”.
“People are more and more time poor ... in the US, 50 per cent of homes are sold using buyers’ agents,” he said.
A real estate agent for 10 years, including seven years in Brisbane and three in Yamba, Mr Grams is familiar with the Lower Clarence market and sees a need for his service, especially in Yamba where holiday-makers want to purchase property but often don’t get the chance to follow their dreams.