INTRODUCING THE BUYER'S AGENT DISRUPTOR
Written on the 18 August 2016
SEEKOLOGY, a next-generation buyer's agent, is claiming to save property investors thousands on fees.
The startup aims to save investors thousands of dollars on the cost of a standard buyer's agent and offers owner-occupiers a standard industry commission at the time of property purchase.
It says the only cost to the investor is a temporary $1000 engagement fee, which is fully refunded once the property has been purchased.
National director of Seekology Tim Godden says the business was established to break down unnecessary price burdens and alleviate research required to find a property with higher than average returns.
"A professional buyer's agent uses their experience, knowledge and contacts to provide a highly beneficial service for investors - usually at a cost that buyers have often found unaffordable," Godden says.
"Extensive research is required to find an investment property that provides superior financial returns. This takes investors a lot of time and requires specific skills and experience.
"We also wanted to step away from the standard business model used in the industry and use a model that allows investors to employ the services of a team of professionals at absolutely no cost to them."
Seekology's agents work as employees, not commission-only agents, and have fluency in English, Mandarin and Cantonese.