Pete Wargent is leading a new weapon for property hunters called Buyers Buyers.
Surging demand in the midst of pandemic-induced lockdown saw the creation of a new weapon to help homebuyers save thousands, led by QLD finance and investment expert Pete Wargent.
The Brisbane-based accountant and author of five financial and investment books leads a panel of experts aiming to help all buyers “slash thousands of dollars off their purchase prices” through a new Buyers Buyers service.
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Mr Wargent, whose expertise is sought after regularly for television and speaking appearances, kicked off the service across all states and territories.
The online platform would see the panel of independent buyer’s agents — including Rich Harvey and Michael Ramsay — help find, research, negotiate and bid on properties for househunters.
Less than 3 per cent of buyers used agents to help them secure the right property, according to the firm, compared to more than 40 per cent in the US.
“We’ve designed Buyers Buyers to focus on what concerns homebuyers in this country most — negotiating and acquiring their desired property, these are well-known stress factors.”
“For too long, hiring a quality buyer’s agent in this country has only been for seasoned investors and the wealthy. But we believe every homebuyer deserves access to the expert guidance that will help them buy their perfect home or investment property for less.”
Typical costs in the market for such a buyer’s agent service would run into about $15,000 a transaction, but Buyers Buyers has kicked off with an engagement fee of $2950 plus GST, with another $2000 plus GST payable when the required property was successfully purchased.
There were three levels of service to allow for broader appeal.
“Our service allows users to focus on areas they feel more comfortable with, such as the initial market research for their budget and property searches, while we look after their other needs, providing them with a high-quality service and saving them money at the same time.”
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