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buyer's agent

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  • 02-06-2018 9:53pm
    #1
    Oren Plen
    Registered Users Posts: 10 ✭


    Hello,

    To continue on my previous thread, I live abroad, looking to buy via a buyer's agent.
    Hope it's OK to ask for recommendations/opinions about specific companies.

    After doing a bit of screening I decided to go for those who act solely as buyer's agent, rather than EAs doing both selling and buying (absurd...).

    The best I have come up with is <snip>, which have been around for a while, seem reputable, haven't found anything bad about (though not too many recommendations either, aside from many promotional media items). I also like the fact that they do both house hunting and property management.

    Only thing that annoys me is that they charge a fee as % of the buying price which is funny when you need someone to negotiate the lowest price for you (though the same happens in the US...). Not ideal, I know. I will try to negotiate, maybe for a fixed price + a precent of how much they can reduce off of the asking price.

    Anybody here has experience with them? If not, can you recommend anybody else?

    Thank you.


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    #2
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    OP, you won't find many locals with experience of buyers agents. It's just not a common approach to property acquisition.

    Mod Note:

    recommendations by PM please folks.


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    #3
    SteM
    Registered Users Posts: 6,711 ✭✭✭SteM


    Oren Plen wrote: »
    I will try to negotiate, maybe for a fixed price + a precent of how much they can reduce off of the asking price.

    As many selling EAs put their clients property on the market with a deliberately low asking price to prompt interest I don't know why your potential buying agent would agree to your terms.


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    #4
    4ensic15
    Banned (with Prison Access) Posts: 4,691 ✭✭✭4ensic15


    This topic came up a few weeks ago.
    https://www.boards.ie/vbulletin/showthread.php?t=2057872037


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    #5
    Samuel T. Cogley
    Registered Users Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    You won't get money off an asking price. Typically properties sell over asking in the bracket you're looking at in Dublin.


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    #6
    the_syco
    Registered Users Posts: 37,300 ✭✭✭✭the_syco


    Oren Plen wrote: »
    To continue on my previous thread, I live abroad, looking to buy via a buyer's agent.
    If they help buy you a house, but you find an issue with it later; will the company that helped you be in any way liable? I doubt it.


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    #7
    4ensic15
    Banned (with Prison Access) Posts: 4,691 ✭✭✭4ensic15


    On a practical level when is this agent going to be paid?


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