FAQs
Why use a buyer's agent?
Martelli & Co Buyers Agents exclusively represent buyers, providing expert negotiation, market insight, and access to all available properties for the best home at a fair price.
Do you pay a buyer's agent in New Zealand?
Yes, in New Zealand, buyer's agents are compensated for their services, ensuring exclusive representation and prioritised interests through Martelli & Co. Ultimately, they secure a better price, often exceeding the fees paid..
What's the difference between a buyer's agent and a listing agent?
A buyer's agent represents buyers, while a listing agent represents vendors. Martelli & Co specialises in exclusive buyer representation, prioritising clients' interests and ensuring they secure the best deals in the market.
What is a local buyer's agent?
A local buyer's agent utilises extensive property knowledge and relationships to find ideal homes for clients. Martelli & Co excels in this, focusing on specific Auckland suburbs, delivering more options and a fairer price for clients.
Can I just work with a sales agent to find my next home?
Buyers can use sales agents, but consider their financial incentives. Sales agents mainly earn from selling homes and different agencies will offer different fee splits for introducing a buyer, potentially compromising the advice they will give you and the homes they direct you towards.
Do estate agents charge buyers?
No. If a selling agent helps you find a home, they negotiate to take part of another agent's fee upon securing the home. Be mindful of fee splits, which can influence the advice given. You're not committed to working solely with this agent, so they may provide minimal time and push for a quick purchase.
What is another name for a buyer's agent?
A buyer's agent is also known as a buyer's advocate or a buyer's broker. They serve the buyer's interests in real estate transactions. Martelli & Co Buyer's Agents exclusively represent buyers and never sell properties or accept fees from listing agents when purchasing a home.
Should a buyer and seller have the same agent?
In New Zealand, selling agents owe a fiduciary duty to vendors, while buyers rely on their own due diligence. Cases before the Real Estate Authority highlight the importance of thorough research by buyers. "Caveat Emptor" warns buyers to research thoroughly before purchasing.
Who can buy a house in NZ?
New Zealand's property laws have varying restrictions for different property types. If you're not a citizen but want to buy in Auckland, we can help you find the right home and refer you to the best consultants. We have worked with many different buyers including American, English, Singaporean and Australian.
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