There are many reasons why using a property buying agent might be right for you. These wise words not only saved us from making a costly mistake but calmed us through the intermittent episodes of panic that come when you think you’ll never find a home. We have been helping private clients, family trusts and companies acquire properties since 2002. Buying agents or purchasing agents are people or companies that offer to buy goods or property on behalf of another party. Research a street, village or town looking at crime, natural threats such as flooding and over-flights by planes. Henry’s expertise, professionalism and in-depth market knowledge is exceptional. He plays the roles of advisor, scheduler, negotiator, counselor (and occasionally comic) seamlessly and with such ease. We wouldn’t hesitate to recommend Henry to anyone considering a property purchase and indeed would strongly advise it – he is worth every pound of his fee! The Buying Agents was founded by Henry Sherwood in 2008 as property buying agency. This page was last edited on 29 May 2020, at 22:34. If you need buildings insurance from exchange of contracts or ongoing insurance or would like to know more about Homebuyers Insurance then there is more detail here; I have worked with a lot of surveyors and recommend these who have all worked for previous clients if you are looking for a common sense, practical and sensibly priced survey. This solid foundation soon saw it grow organically from repeat business and referrals. Henry is an absolute authority on the housing market, and we felt very safe in his hands. They’re there to offer their professional advice in what can often be an emotional situation, ensuring that lines of communication remain open and nothing gets confused if there are unanticipated delays. He speaks fluent ‘estate agent’ and took a huge amount of stress off our shoulders. Some agents charge a success fee based on the purchase price - this is a fixed percentage. Posted on January 14, 2015 by Property Search Agents If you’ve got it, don’t flaunt it in 2015. The Buying Agents specialise in acquiring exceptional homes and property investments in the most desirable locations. Liaise with solicitors, valuers, surveyors, architects, builders and contractors. He has a fantastic depth of expertise within property and is well connected and talks in a no nonsense way. Henry and I spoke following that and his sound advice and guidance gave us the confidence to market our property and successfully sell in less than a month. Henry’s website stood out with its informativeness, wit and personality. It’s worth it to have him on your side. In my case, Henry was also able to offer local knowledge and contacts to help me get the property up and running after purchase. then here are 50+ other buying agents in London & across the country that you might consider before you make up your mind. Home James Property or a £2.25m home outside Newbury (bought just after the ‘Brexit’ referendum for 10% less) my clients like to pay as little as possible. A fully independent property consultant providing a bespoke buying and selling service for residential properties in Central London, Surrey, Hampshire and West Sussex Now more than ever in this changing world, I'm helping clients to find their perfect London or Country property, whether it's up or downsizing, providing a solution to the work life balance or finding a long term rental investment. Our buyers' agents can help you drastically reduce stress, save you time and reduce costs involved in buying property or with your next property investment purchase. LEARN MORE ABOUT EMMA SIDDONS. Buying Guide Property Agent Selling Guide Tips & Advice In 2010, only 11% of HDB owners sold their flats without the help of a property agent. Henry is not afraid to speak bluntly with his opinions which is exactly what we needed but most importantly even when we disagreed he was also extremely effective in fighting our corner and taking the brunt away from us for the good of the transaction and for our needs. I have relationships with the best local estate agents, having built up a highly regarded reputation over the last 15 years. We had been looking for a property for a while and being mostly based oversees it was proving a challenge. I act for 30 -40 clients a year, bid on a house every week and buy one or two a month. Prospect property buyers should know that there are two different arrangements mainly depending on market conditions: All these conditions are well specified in the contract agreement that the client signs upfront. Zoopla says that it’s just 3.86% and figures published by Hometrack suggest that a average buyer pays 97% of the asking price. Who works for the buyer? Would highly recommend! One of the UK's original property buying agents. We are a totally independent company that advises private & corporate clients looking to buy or rent. I am very pleased that he has helped me with finding the house of my dreams and the overall deal execution process (end-to-end). We exchanged last Wednesday. The success fee is a percentage of the sale price. He helped us find our next beautiful home despite a tricky market. A mortgage broker and a top financial planner can make or break a deal and whilst there seem to be more than half that are ‘below average’ there are surprisingly few that I have had first hand experience of and can heartily recommend. Got a conscience? We never had a sense that he had a service model box and we had to fit into it. Property buying agents act on behalf of a buyer in the same way that an estate agent acts for a seller. (see ‘fees‘). – Henry spent a lot of time on the phone / over email helping us out before he even knew we were going to be paying customers. News and views for the 'haves' in the housing market. Watch out for the terrible dad jokes though! The agent will point out the benefits of the property but also, crucially, will make the buyer aware of any faults related to the property, and any problems which may occur with it in the future. And very importantly he made the whole process such fun. Just what Henry saved us during the critical negotiations at the end more than covered his charges. However, during the searches, issue upon issue was discovered with the house. I won’t hesitate to recommend you to others searching for a house. With his help we found the most amazing house of our dreams although in the end however, we did not complete the purchase. Because of the different nature of buying agencies, prospect buyers are often advised to contact more than one company to compare and contrast their benefits. We have been very pleased with his services – an end to end approach with an ‘always on call’ mentality (within reason). The ethical behavior is a very important aspect to measure the professionalism of a buying agent: at any time they must advise their clients with no self-interest for their own success fee. Henry then came round to meet us because it felt hard to engage someone I had never heard of or met. Its easy to be sceptical but his dispassionate advice, insight and stewardship have been invaluable to us during this process. We came to rely on his honest opinions and his extraordinary knowledge of the market: it is both wide and deep. Not only is his knowledge and experience of property second to none, but his ability to play the role of Property Agony Uncle at the end of the phone when things have seemed bleak has been extremely reassuring. ♦︎ ©2020 ♦︎ HMRC Anti-Money Laundering Reg Nº 12738516 ♦︎ Information commissioner's ref nº Z9572267 ♦︎ TPO Membership nº D03742 ♦︎ PI via Locktons policy nº PI18Q617818A ♦︎ lonres ResCheck approved ✓, The essential site for residential agents. He understood both the business of selling and buying and gave me unbiased advice on agents, their fees, solicitors – all of which was truly useful. I cannot recommend Henry highly enough. Henry is always available to chat over the phone and has been available to help us even well after completion happened to deal with a few follow-up questions and for us to happily settle in. Among his accomplishments: preventing us from overpaying by between 15% and 20%; ensuring a successful conclusion to some complex and ‘robust’ negotiations which would have seen us eaten alive or throwing in the towel had we attempted them by ourselves; and introducing us to an excellent lawyer and surveyor. Daily Industry news from Graham Norwood, the original property hack. Finally, though our budget was certainly at the low end of what Henry typically deals with, at no point did we feel like we didn’t have his full attention. Estate agents are not brokers trying to mediate between two parties they act for and are paid by one party – the seller! We were starting to lose hope that we would ever find a property to fall in love with. You will see that on February 16, 2017 my wife, Belkis, posted a comment above. He is very open in providing his feedback, and it helps incredibly while you are reviewing available options. His knowledge of the “micro-climate” of each street is extraordinary”Oh, I wouldn’t bother with that – you can hear the trains!”. Latest industry news from my favourite trade journalist. He is blunt, straightforward and very knowledgeable. He has a great personality, and it has been a pleasure to work with Henry. As far as the law is concerned, I am an estate agent – I just happen to act for buyers, not sellers and I buy properties between £500,000 and £50m. It gave us tremendous peace of mind to have someone with his expertise telling us whether properties were correctly valued and working with him was a delight. Property Buying Agent. If Henry would not have been acting on our behalf during the process it would have been a complete ride of pure insanity. My job is to listen to what my clients want, set out what I think their options are, recommend which one I think they should take and then to shut up and take their instructions. And he never complained about regular changes to requirements and budget, or gave the sense that he thought I’d taken enough of his time. Spending a six figure sum is something most people do on average every seven years. He was there to make sure things were in order and moving at a good pace once the offer was accepted. Thank goodness we listened to him. Start your day here. At one end of the spectrum lie the super introduced local property experts who can be an invaluable resource for a buyer who is set on off-market or pre-market properties as well as private deals. This does put you in a weaker position in the negotiations but it means that you will have access to properties that other buyers won't and if your buying agent is a skilled negotiator then you may not have to pay a premium. The better buying agents will also have extensive knowledge of the properties in your target area and will contact owners of suitable properties directly to enquire if they would sell. His straight talking and great humour made what had been an exhausting experience (pre-Henry) into a great experience. Henry seem to have the answer to pretty much everything that occurred in the process from start to finish, which made our lives and the experience so much easier and quicker. For the record you are everything I expected,highly professional, kind and considerate. (Having a buying agent is a big help – sellers know immediately that you’ve got money for the right deal and are not playing games or kicking tires.). Buying agents are still estate agents in the eyes of the law and as such each must sign up to a redress scheme. In addition to this, he has advised on the best areas in London suitable to my needs – it worked really well as I was about to proceed with slightly different areas that did not satisfy all the parameters. We thought it might have been a mistake to have enlisted Henry when we found a property so quickly. 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