First Time Buyers Can Now Use an Expert to Save Money on Their Property Purchase

A new nationwide service launched in conjunction with the Association of Property Finders and Buyers Agents enables First Time Buyers to have an expert Buyers Agent working for them for free.

London, United Kingdom, July 15, 2009 --(PR.com)-- The Buyers Edge which is similar to Buyers Agent services used widely by homebuyers in the US and Australia, is provided with no upfront fee and could save UK first time buyers thousands of pounds off the cost of their first home.
Normally the preserve of the rich and famous, most buyers agents charge a retainer or registration fee upfront. Not so with Buyers Edge.

“At Buyers Edge we believe that everyone buying a property should reap the benefits of a buyers agent working for them and representing their best interests.” Says CEO, Tim Hammond. “That's why we have developed this revolutionary new business model that enables every First Time Buyer to use a buyers agent with no upfront fee.”

No Upfront Fee?
Buyers agents typically charge an upfront registration fee of £500 to £700 but not Buyers Edge. Homebuyers are simply asked to use their competitively priced conveyancing service (that they would have to pay for anyway with someone else) and then there is absolutely no upfront fee to use one of the Buyers Edge Agents.

Buyers Edge only earn if homebuyers save money
First Time Buyers can have their own professional Buyers Edge agent working for them and don't pay them anything unless they save them money on their property purchase. In this way Buyers Edge are fully incentivised to negotiate the lowest possible price for their clients. Assuming they do make a saving their fee is 1% of the purchase price plus a small percentage of the saving they negotiate. But, if they don't negotiate any savings, then they don't earn a penny.

First Time Buyers can ‘get the Buyers Edge’
The service has been branded to promote the fact that the Buyers Agent is working for the buyer to give them ‘the edge’ over the property seller. By having an expert working for the buyer they can negotiate with their ‘heads and not their hearts’ when dealing with the estate agent.

Consumers are often emotionally attached to the property when they place their offer, worried that they may lose their dream home. Estate agents are also in the driving seat on negotiations as they sell houses for a living. Buyers Edge provides the professional representation that First Time Buyers need. “You wouldn't fight a legal battle without a lawyer so why should you look to negotiate on your property purchase without a 'buyers agent' when the vendor has their own 'sellers agent'?” Says Hammond

So why launch Buyers Edge, now?
“For years, the Estate Agency industry has operated to suit the needs of people who had a property to sell, this is set to change with the launch of Buyers Edge.” Tim Hammond, Founder of Buyers Edge says. “Property sellers have estate agents working for them so why don't buyers have buyers agents? What we have done by launching Buyers Edge is to make Buyer representation available for every homebuyer in the UK irrespective of the value of the property or area they are buying in.”

Hammond knows a thing or two about Buyers Agents. He is the Chief Executive of the Association of Property Finders and Buyers Agents (APFBA) which has a membership of over 60 Buyers Agents across the UK that adhere to a strict code of practice to safeguard homebuyers.

Buyers Edge was setup as part of the APFBA’s ‘Buyer Representation Initiative’ whose aims are to provide affordable professional representation to homebuyers throughout the UK as is already available in the US, Australia and other countries.

How does it work?
If you have seen property programs on TV then you may be familiar with how buyers agents or property finders work. They can help you throughout the entire property purchase process in order to save you time, money and hassle. They can evaluate the property to advise the right offer to put in and then negotiate on your behalf to get you the best possible price.

The new way to buy property
Firstly you choose the area on the map where you want to live, and then you select a Buyers Edge agent to work for you. Buyers Edge Agents are located throughout the UK and have an expert knowledge of property in the area you are looking. The service is then designed to meet your exact requirements and negotiate the lowest price for the property that you want to buy.

You can even read reviews and ratings of Buyers Edge agents for your own peace of mind and interview them before they start working for you.

The Buyers Edge Guarantee
All Buyers Edge Agents work exclusively for the buyer and are not paid anything by the vendor or vendor's agent, so you can be assured there are absolutely no conflicts of interest. All Buyers Edge agents have been vetted and approved by the APFBA (Association of Property Finders and Buyers Agents) and adhere to a strict industry code of practice.

Further Information
For more details on Buyers Edge and it's innovative new service please visit their website at buyers-edge.co.uk or call them on 0207 112 1570 or email; info@buyers-edge.co.uk

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Contact
APFBA
Tim Hammond
0207 112 157
www.apfba.org
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