EXCLUSIVE BUYERS AGENCY
What is an exclusive buyer's agent?
An exclusive buyer agent only works with buyers, not sellers, and never lists houses. Since they never represent sellers, they can never be accused of representing both sides of the same deal. Many of them work alone rather than for a traditional real estate company. Due to their exclusive fiduciary duty to the buyer, they have no conflicts of interest.
The traditional sales agent will sometimes represent both buyers and sellers at the same time and often pick one side of the deal. In some cases, another agent is found in the office to represent the other side of the transaction for the purpose of receiving a higher commission.
Most homebuyers make the mistake of choosing to work with a listing agent or a part-time buyer agent (dual agent). The issue is that a lot of time is wasted, and these agents don't only work for you. When you sell a home, a sales agent is great, but when you are purchasing,
then a dual agent might work against you. Since seller's agents work for the seller and they aim to obtain the best price and terms for the seller.
It would be best if you have a trustworthy exclusive buyer´s agent who looks out for you and you alone.
What does a buyer's agent do?
Hear your housing needs and objectives.
Reduce stress and save you time from spending your own time searching the market, finding various places, and evaluating several properties.
Educate you on the everchanging market conditions and the process of buying a property in Portugal
Filter many properties to find ones that suit your requirements
Use their vast network to provide you with exclusive access to new or "off-market listings."
Shortlist and schedule home viewings
Give unbiased feedback on each property's positives and negatives.
Recommend other professionals. We would refer you to reliable mortgage brokers, real estate attorneys, home inspectors, movers etc.
KNOWLEDGE IS POWER
Every day we work in the local real estate market, we study the current market trends, negotiate, write contracts, show properties, and, most importantly, build relationships with other agents. Our knowledge will be shared with you.
SCHEDULES VIEWINGS, SO YOU DON'T HAVE
We will make all the calls, coordinate the viewings, and give you all the essential information about each property.
IT'S FREE, REALLY
The seller pays the listing agent and in most cases, the listing agent will split the commission with the buyer's agent at closing.
TIME, WE BUY IT
We will follow your brief, do the search, and arrange viewings. Get your weekends back to enjoy, rather than spending endless time going through all the unsuitable online listings and avoiding the real estate agent pressure.
STRESS, YOU DON'T NEED
We deal with all aspects of your property buying process and only involve you when needed.
SILENT LISTINGS, WE HEAR THEM
Through our professional network, we can access new listings coming to market and off-market opportunities
WE FIND HOMES FOR BUYERS - WE DONT SELL PROPERTY
How are Buyer's Agents Paid?
Agents are normally paid through the proceeds of a sale in Portugal. These agent fees are already built into the sales price; once the purchase is complete, the seller will pay the listing agents and, in most situations, these agents will split the commission with the buyer's agent.
You still pay for it at the end, regardless of whether you want to be represented. You thus get all the information, advice, and assistance, in most of the transactions, at no extra cost. As such, you have little to lose by having our agents assist you in the buying process.
GET IN CONTACT
Kuabit is an exclusive buyer´s agency and has helped many happy clients buy real estate in the Algarve, Braga, Cascais, Lisbon, and Porto. We´re happy to clarify any doubts that you may have. Reach out to us, and we’ll respond asap.
+351 936 070 311 (Portuguese mobile network number)