Peter Rogozik Property Consulting: Your Buyers Advocate - Connecting People and Property

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Is Your Advocate 100% Independent?

As property consultants we have always prided ourselves on being totally independent. We are not aligned to any particular selling agent, property developer or any other group where a conflict of interest could arise. When we search for properties on behalf of our clients the whole marketplace is examined. Our clients can be assured that we will submit properties that best suits their individual needs without fear or favour to anybody. A growing trend amongst buyer's advocates is to advertise their services on the websites of selling agents. In this situation I believe these buyers advocates are setting themselves up for a conflict of interest. Will they favor that particular selling agent when submitting properties to clients? What about a situation where they are negotiating the purchase of a property that is listed with that particular selling agent. Because the selling agent has allowed them to advertise on their web site, are they going to go soft on them with negotiation? I believe there is potential for a conflict of interest.

Also, we only provide services to buyers of property. Unfortunately there is a growing trend amongst other buyer's advocates to offer services to vendors. In my view, as a real estate professional you can only represent a buyer or seller, not both. The buyer's advocates who are offering services to both buyers and sellers are setting themselves up for a conflict of interest. A likely scenario would be a situation where a buyer's advocate advises a seller on the best way to market their property. Subsequent to this a property buyer engages the services of that buyer's advocate to find and negotiate a property on their behalf. It would be a clear conflict of interest if the client's criteria matched a property where the buyers advocate had given marketing advice to the vendor. In this situation the buyers advocate would be acting for both parties, this is clearly unacceptable.

At Peter Rogozik Property consulting we will never offer services to sellers of property nor will we ever advertise with a selling agent or any other party where there could be a conflict of interest. We will never accept commissions, kick backs or any other form of financial reward for recommending one property over another. If you employ our services you can be assured of 100% independence.

 

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