What Does a Buyer’s Agent Do?
22nd April, 2025
Buying a property is a major life milestone—but it’s also one of the most complex financial decisions you’ll ever make. Whether you’re a first-time buyer, a seasoned investor, or relocating from out of town, having the right support can make all the difference.
That’s where a buyer’s agent (also known as a purchaser’s agent) can step in. In competitive markets like Byron Bay or Sydney, where properties can move quickly and prices fluctuate, having professional guidance may help buyers access more options and make more informed decisions.
What is a Buyer’s Agent?
A buyer’s agent is a licensed professional who represents the interests of the purchaser –not the vendor—in a real estate transaction. Their job is to take the stress out of the search, negotiation, and purchase process.
They’re essentially your strategic partner, guiding you every step of the way.
What Does a Buyer’s Agent Actually Do?
A full-service buyer’s agent typically offers:
- Property brief development: Helping you define your needs, wants, and non-negotiables.
- Suburb insights: Recommending suburbs that align with your lifestyle or investment goals.
- Market research: Conducting comparative market analysis to ensure you’re not overpaying.
- Property search: Accessing both listed and off-market properties that fit your criteria.
- Inspections: Attending inspections and flagging any red flags early on.
- Due diligence: Coordinating reports, reviewing strata documents, and checking zoning or planning issues.
- Negotiation and bidding: Securing the property at the right price—whether that’s before auction or on the day.
- Post-purchase support: Liaising with your conveyancer, managing pre-settlement inspections, and more.
How Much Does It Cost?
Buyer’s agent fees vary. Some charge a fixed fee, while others take a percentage of the purchase price (typically 1.5% to 3%). Many also charge an upfront retainer that’s deducted from the final fee.
For purchasers, this investment often pays off. A skilled agent can access off-market deals, negotiate better terms, and help you avoid costly mistakes.
Why Use a Buyer’s Agent?
Here are just a few reasons why buyers choose to engage a professional:
- Saves time: They do the legwork so you don’t have to.
- Saves money: Strong negotiation tactics and market knowledge often lead to better deals.
- Less stress: They keep emotions out of the process and focus on facts.
- Expert guidance: Especially valuable if you’re unfamiliar with the area or property type.
Where Does a Conveyancer Fit In?
Once you’ve found the right property, the next critical step is legal. That’s where our team at Bangalow Conveyancing comes in.
We work closely with purchasers—and their agents—to manage contracts, review legal documents, and ensure the transfer of property runs smoothly. Our experienced conveyancers handle the fine print so you can focus on the exciting part: owning your new property.
If you found the information in this blog post on lease transfers helpful, check out our other regularly updated blog posts.
