You appoint a Property Acquisitions Consultant under a Buyers Agency Agreement. This agreement will incorporate the amount of the consultant’s commission, some time frames and a property description. Most importantly as soon as this agreement is signed guess what? Yes the consultant is working for you. The consultant’s duty of care is to you, the buyer. The consultant’s first responsibility is now to the buyer not the seller.
There are a number of strategies that a good Property Acquisitions Consultant can employ to serve the buyers interests. By signing the Buyers Agency Agreement form the buyer has now given the agent the best possible advantage to actually drive the price down. This is the reverse of the normal method (where the consultant is obliged to secure the highest possible price) but surely is a better method for the buyer.