Frequently Asked Questions
At Turley Property Advocates, we understand that buying or selling a property comes with questions. Our FAQs provide helpful answers to guide you through the process. If you have further questions, feel free to contact us—we're here to help!
FAQs
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A buyer’s agent is your dedicated property expert, working solely on your behalf. While sales agents represent the seller’s interests, we’re here to protect yours - finding, evaluating, and negotiating properties that align with your needs. Whether you're a first-time homebuyer or a seasoned investor, our personalised service ensures you get the right property, often before it even hits the market.
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We can save you money in several ways. Firstly, we often have access to off-market properties through our extensive network. This means we can find properties that aren’t listed publicly, reducing competition and potentially securing a better price for you.
Our expert negotiation skills are another significant advantage. We can negotiate effectively on your behalf, ensuring you get the best possible deal. We are well-versed in the art of negotiation and can leverage our knowledge to your benefit.
Additionally, Turley Property Advocates possess deep market knowledge. We provide valuable insights into local market conditions and property values, helping you avoid overpaying. Our understanding of the market dynamics ensure that you make informed decisions.
Time savings is another benefit of working with us. We handle the entire process, from searching for properties to conducting inspections and managing paperwork. This saves you considerable time and stress, which can be particularly valuable if you have a busy schedule.
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We believe in transparency and ensuring that all fees are agreed upon upfront, so you know exactly what to expect.
A common approach is commission-based compensation based on the purchase price. This includes a small upfront engagement fee and an acquisition fee, which is only paid once we successfully secure your dream property.
For those who prefer a straightforward and predictable cost, we offer a fixed fee model. This model provides cost certainty with a flat fee agreed upon at the start. Depending on the services you need, location and budget. It’s perfect for buyers who appreciate a simple and transparent fee structure.
We also have a tiered fee structure, which adjusts based on the purchase price of the property. This offers flexibility for clients who have a very broad brief and price range. For example, a land site to knock down and build versus a fully built home that is move in ready.
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When navigating the property market, it’s essential to understand the distinct roles of a sales agent and a buyer’s advocate.
A sales agent works on behalf of the seller (vendor). Their primary objective is to market and sell the property at the highest possible price. Legally, they are obligated to act in the best interests of the seller, focusing on achieving the seller’s goals and maximising the sale price. Sales agents excel in showcasing properties, negotiating with potential buyers, and closing deals that benefit the seller.
In contrast, a buyer’s advocate (or buyer’s agent) represents the buyer’s interests throughout the property purchasing process. Our role is to provide impartial advice, identify suitable properties, negotiate the best price and terms to ensure you get the best possible deal. As a buyer’s advocate, we are paid by you - the buyer, either through a fixed fee or a percentage of the purchase price. This ensures our loyalty and efforts are focused solely on your needs.
In summary, while sales agents aim to secure the best outcome for the seller, a buyer’s advocate is committed to achieving the best results for you, the buyer. This distinction ensures that you have a professional representing your best interests during every step of your property transaction.