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Market Comment

Dedicated Buyer Advocates in Melbourne & Victoria
We are Licensed Real Estate Agents that specialise in buying property. We are known as Buyer Advocates, Buyer Agents or Property Finders. We are licensed in the state of Victoria in the same way as any selling agent is, and we are members of the REIV. As Buyer Advocates we work only for the buyer.
We will not sell you any properties. We will not tell you to buy an apartment because that is what we always buy. We will not tell you that one suburb is a better area for you to buy in than another. Because every person buying property is different. You have different needs, budgets and goals. We will listen to you and then give opinions of what to purchase that will fit your goals.
Our aim is to assist the buyer to find the right property at the right price in the right time.
What is a Buyer’s Advocate or Buyer’s Agent?
A Buyer’s Advocate or Buyer’s Agent is a licensed Real Estate Agent that works for the buyer. The Estate Agents Act tells us that an estate agent can only have one principal and that the principal is the person who pays the agent. In the situation of a vendor selling his property; He engages a selling agent and pays them a commission and therefore the selling agent must work in the best interests of the seller. The selling agent is contractually obligated not to assist a buyer.
A buyer’s advocate or buyer’s agent is paid by the purchaser and is contractually obligated to only assist the buyer. A buyer’s advocate typically can assist with information about where to buy (budget, types and styles of property) searching, assessing and of course, negotiating. A good buyer’s advocate will level the playing field between the buyer and seller and mitigate the one sidedness of the property purchase.
Who uses a Buyer’s Advocate?
Simply put – anyone purchasing a property should be using a buyer’s advocate or buyer’s agent. It is no different to going to court and one side has legal representation and the other does not. It would be seen in the courts as totally unfair, however nobody actually warns a purchaser they should seek their own representation. The Real Estate Institute of Victoria have now adopted a policy to encourage ALL purchasers to engage the services of a licensed REIV Buyers Agent in order to receive professional advice whenever they purchase property. This was adopted by their Board of Directors in 2013.
Market News RSS
Victoria’s new underquoting laws
On May 2, 2017 By Ian JamesMay 1st 2017 has been and gone and there has been very little noticeable change to the way property is being quoted online. Whilst the new S… Read more
Housing affordability
On March 7, 2017 By Ian JamesThe State Government have decided that first home owners need more help to get into the market place. By reducing stamp duty payable on thei… Read more
Renovating an investment property
On February 5, 2017 By Justin LilburneA few times a month we are asked how much will this cost to renovate or the much loved, I have been watching “The Block” or the latest craze… Read more
Weekly Stats
| Monday 26th February | |
| Total Auctions | 1219 |
| Passed In | 360 |
| Passed in after Vendor’s Bid | 169 |
| Sold Before Auction | 137 |
| Sold at Auction | 722 |
| Sold after Auction | 0 |
| Clearance Rate | 70% |
| Total Private Sales | 276 |
| Source: REIV, week ending 25/02/2018 | |
| …Read More » | |
Testimonials
Emil and Penny
On January 12, 2017When we bought our current house 5 years ago we asked JPP to help us find it. Wh… Read more
Wayne
On November 22, 2016Justin provided excellent communication and service. He attended to all our quer… Read more
Daniel
On October 19, 2016Your service is very great! We very satisfy! The post Daniel appeared first on J… Read more
Sandra
On March 2, 2016Hi Justin and Ian, Thanks very much for all your assistance in helping me to buy… Read more
Carla & Paul
On June 29, 2015When you haven’t bought property before, you should consider a buyers advo… Read more
Anna
On April 30, 2015I’m really glad I made the decision to use JPP Buyer Advocates. Justin gav… Read more
Anonymous
On January 28, 2015We’d like to acknowledge the excellent service you provided us with in buy… Read more
Anonymous
On January 28, 2015Hi Sam, Sorry, I have not been able to get back to you and Ian sooner but Meagan… Read more
Anonymous
On January 28, 2015Ian, I am writing to express my appreciation for the services you and your firm… Read more
Anonymous
On January 28, 2015It was only a few short months ago that we first read through the testimonials o… Read more





