What does a search agent do?
A search agent works solely for you, the buyer. They have your best interests constantly in mind and are there to find the right property for you based on your requirements. They will involve you only at the point where there is a property in which you are likely to be truly interested.
Using the services of a search agent can take the stress and hassle out of the experience of buying a new property.
A search agent:-
• Will save you precious time, money and uncertainty
• Knows the area you are looking at inside out
• Will use all of the many contacts they have in the industry, and are in constant contact with them
• Responds quickly on your behalf when a new property comes to the market
• Has access to properties before they come on to the open market and will keep you ahead of others looking in the same area
All of this comes together to help you to make the right decision with your move.
How does a search agent or property finder differ from an Estate Agent?
A search agent is acting solely on your (the buyers/tenants) behalf. It is easy to think that when you register with an estate agent they will act in your best interests. This is not the case! An estate agent is paid by and acts solely on behalf of their client, the seller of the property, and their priority is to get the best possible deal for their client.
Works for you and has your best interests in mind
Access to all properties in your chosen area
Will be in constant contact with all of the agents in your chosen area to keep on top of the available and pre-available properties One call is required for each and every agent you register with in order to keep on top of the available properties
Has early access to pre-market and “quiet marketed” properties
Works for the seller, and wants to get the best deal possible on the sale
Has access only to the properties on their books
One call is required for each and every agent you register with in order to keep on top of the available properties
Is most likely to tell you about a property only once on the open market
Why shouldn’t I search the internet?
The internet is a great tool in a property search, but there is no substitute for actually visiting the area and seeing it for yourself.
• Photos are always angled to show the property in its best possible light
• What you can’t see is the Pilon or the Motorway or the new development that’s just off camera
Location, location, location is a bit of a cliché phrase these days, however it is so true! If you have a search agent acting for you they can check out suitable properties in advance of involving you. They know your requirements, understand your tastes and needs and be well placed to be your eyes and ears when checking out the location on your behalf.
A search agent will get you ahead of your buying competition
Employing a search agent who already has all the right contacts will save you effort and time, and more importantly give you access to the growing number of properties that are being ‘quietly marketed’ (properties where the seller does not want the house on the internet, advertised or have a board outside). The only people to hear about these properties are the people perceived as serious buyers, those who have everything in place to proceed with a purchase. Search agents are the first phone call for estate agents who take on such a property, as they know that our clients are ready to go! Search agents also have the benefit of hearing about new properties or price reductions before they go to the open market.
How can I pay the least for my property?
Using a search agent hasn’t traditionally been part of the house buying culture in the UK, although this is now starting to change. Many buyers are unaware of the service, or perceive that it is an extra cost. Consider though that approximately 99% of vendors use an estate agent. They recognise that although it costs, they will be financially better off than selling privately, even after paying the commission. This same logic can be used when thinking about using a property search agent.
What else can you do for me?
A search agent will really reduce the stress of buying your new property. As well as finding the right place for you and reducing the time and effort you need to expend they can
• Secure and negotiate terms on your behalf
• Manage your transaction right through to exchange
• Provide you with suggested local trusted professionals such as Architects, Builders, Kitchen/Bathroom Fitters, Solicitors, Surveyors etc
• Help identify suitable rental properties where needed
The market is volatile, many properties seem to come and go before you get a chance to even take a look, and when you do find a house you love, securing and negotiating terms on it can be fraught, and successfully managing the transaction through to exchange can benefit from skilled assistance. All this means buying a house can be a very stressful experience.
Of course using a search agent isn’t restricted to buying a property. Using the expertise of a search agent to find a rental property is also a time and money saving investment. Rental property can come onto the market and be let very quickly so having someone in the area to view property for you, especially if moving from a distance, is paramount to securing the house you want.
A search agent/ property finder will give you honest advice if your search is proving difficult, and help to prioritise any compromise that needs to be made. Rarely is there such a thing as the perfect house, most decisions have to balance budgets with areas, number of bedrooms with size of gardens and so on. Search agents will help you to identify the best solutions.
So whether you are looking for a family home, an investment opportunity or holiday home; if you do not have the time, resources or knowledge of an area; if you are a company looking to relocate employees and wanting to outsource the process, why not consider having a dedicated and experienced property consultant working exclusively for you?