Buyer Beware

BUYER BEWARE

There is a flurry of newly graduated "buyers agents" in the marketplace, having done a 5 week non - RTO online course and now passing themselves of as ‘experts’ with NO experience. Many have never worked in the industry before ! They have a slick pitch on how to market themselves as experts on social media, yet they aren’t. A 5 week course does NOT make a buyer’s agent. Obtaining a sales reps certificate then obtaining a full License in NSW (in a mere 3 months) to secure a full License in Victoria via mutual recognition is appalling and SCARY. It took me a min 2 years of practical experience before I could apply for my License in WA. I did a 6 month Diploma of Property course then I had to be interviewed in front of a panel of my peers to secure my License. Years of working in the industry as a buyer’s agent or selling agent and having transacted property in the 100’s or 1,000’s is what generates experience and expertise. Not a 5 week online course! Consumers are paying these agents a fee to spend their money on what is their most valuable asset. With so many inexperienced players on the market, it's more important than ever to ask about your buyer's agent's experience before engaging them. And, make sure they are a REBAA member.  hashtag#askforexperience hashtag#buyersagent

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About Miriam Sandkuhler, Property Investment Advisor