Why this matters more than fees
A mediocre buyer's agent might cost you a negotiation edge. A spruiker — a marketer paid by developers to move stock while posing as your representative — can cost you six figures on an overpriced house-and-land package. This is the single biggest trust problem in the industry.
The seven red flags
- The service is free. Genuine buyer's agents are paid by you. If you are not paying, a developer is — and their commission on a single sale can exceed $30,000. You are the product.
- They only recommend new builds or house-and-land packages. Established property rarely pays marketer commissions. A "buyer's agent" whose every recommendation is brand new is showing you their payer's stock list.
- They found you, not the other way round. Cold calls, seminar invitations and "free wealth strategy sessions" are marketing funnels, not professional services.
- One suburb, one answer. Real representation starts with your brief. If the recommendation was ready before you described what you wanted, it was never about you.
- Pressure and urgency. "Only three lots left at this price" is sales technique. A representative slows you down at exactly the moments a marketer speeds you up.
- No licence, or someone else's. Every legitimate buyer's agent holds or works under a state property licence they can name instantly. Check it on your state register.
- They also sell property. An agency cannot represent buyers and sellers in the same market without conflict. Buyers-only is the standard that matters — it is REBAA's core membership requirement.
The one-question test
Ask: "Who pays you, and will you confirm in writing that you receive nothing from any seller, developer or referral partner?" A professional answers in one sentence and puts it in your agreement. A spruiker changes the subject.
The bottom line
Verify the licence, confirm buyers-only status in writing, and treat "free" as the most expensive word in property.
