As Buyers’ Advocates we have always
prided ourselves on being totally independent. We have never and will never accept any form of remuneration from a third party. We are not aligned to any particular selling agent, property developer or any other organization where a conflict of interest could arise.
When we search for properties on behalf of our clients the whole marketplace is examined without favour to anyone. The optimum property selection is made that best fits our client’s criteria.
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 particular buyer’s advocate to find and negotiate a property. It would be a clear conflict of interest if the buyer’s criteria matched a property where the buyers advocate had given marketing advice to the vendor.
In this situation the buyers advocate would have acted 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 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.
Return to the main news page