Realty Talk: The value of 2 agents - a buyer and a seller

It is estimated - according to a recent NAB survey - that up to 3.5% of all property purchasers in Australia are completed with the assistance of a buyer's agent compared to 45% in the USA where buyer’s agents are a much more used resource.  Some estimate that figure will climb to 37% in Australia.  Just one week ago in the US, courts ruled in favour of a group of consumers on a compensation claim worth $415M that relates to how buyers agents are paid in that country.  If approved, it is set to turn the commission structure and selling process in the USA on its head.  Already some industry leaders are looking at the Australian model as a guide.   But today we look the value they bring to the buying process with REBAA President Melinda Jennison.  Negative Gearing is under attack - I was going to say again but it would be more accurate to say still.  The Greens are again looking to label Mum and Dad investors as the baddies.  Rasti joins Bushy to discuss the likelihood something might happen and what the impact could be.  NEW – join our Facebook group, The Property Hub Collective: https://www.facebook.com/groups/1857513011165686 Join the Property Hub community on Substack! Sign up to get Australian property news, opinion, and episodes in your inbox: https://propertyhubau.substack.com/ Subscribe to RealtyTalk on the Property Hub channel: Apple Podcasts | Spotify | Google Podcasts | Email Property Hub is a collaboration between Bushy Martin from KnowHow Property, Kevin Turner from Realty, Andrew Montesi from Apiro Marketing and Apiro Media, and Australia’s largest independent podcast network DM Media. Business and partnership enquiries: [email protected] omnystudio.com/listener for privacy information.