How do you know whether you're choosing a good buyer's agent?
Following the recent collapse of several buyer's agency businesses, Shane Pope and Ben Thompson tackle an important question:
What should property buyers be looking for when selecting a buyer's agent?
In this week's FUNdamental Friday, they discuss the red flags, warning signs and key qualities that can help buyers make a more informed decision.
They explore: ✅ Why paying large fees upfront may be risky ✅ The importance of proven philosophies and track records ✅ Why "one-size-fits-all" property advice should raise concerns ✅ Questions to ask before engaging a buyer's agent ✅ The dangers of silver-bullet investment strategies ✅ Why longevity and consistency matter ✅ What genuine buyer advocacy should look like
Because when you're trusting someone to help build long-term wealth, due diligence matters.
🏡 Buying a home soon?
Before your next open for inspection, check out PRE-Purchase, our free 10-part video series designed to help Australians buy property with greater clarity and confidence.
From creating a property brief and researching the market, through to negotiating, bidding at auction and understanding settlement, we've broken the buying journey into easy-to-follow episodes.
🎥 Watch the full series here: https://thepropertycouch.com.au/prepurchase
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🕰️Timestamps 0:00 The hill Shane is willing to die on 1:04 Recent buyer's agency collapses 2:19 What to look for in a buyer's agency 3:03 The biggest red flag 3:24 Why business structure matters 4:15 Longevity and consistency 5:00 Why philosophy matters 5:46 Too many hats 7:02 Beware the silver bullet 8:11 The Victorian unit debate 8:50 Why one-size-fits-all doesn't work 10:07 How performance should be presented 11:05 Be critical of marketing claims 11:29 The biggest warning sign 11:55 Why Shane believes fees should be paid at the end
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