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Are buyers’ agents licensed?

April 26, 2017agents licensed

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Are buyers’ agents licensed?

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Buyers’ agents are licensed real estate agents just like selling agents. The difference is that most real estate agents work for the seller whereas a buyers’ agent works solely in the best interest of the buyer. Buyers’ agents do not list properties like most other (selling) agents. Recently the Office of Fair Trading introduced an abridged licensing requirement for those only intending to act as buyers’ agents (with no property management or selling agency business). OH Property Group has the full real estate license and can therefore provide you with property management services (as required) as well. Licensed buyers’ agents in New South Wales are bound by the Rules of Conduct for Buyers’ Agents from the Office of Fair Trading.