What is Buyer's Agent?
A buyer's agent is a licensed professional who represents the buyer (not the seller) in a property purchase. They search, negotiate and bid on your behalf — often accessing off-market properties.
Why it matters for you
Fees typically range from 1.5–3% of the purchase price, or a fixed fee of $10,000–$20,000. For time-poor medical professionals or investors out-of-state, a skilled buyer's agent can save more than they cost. Budget on top of your stamp duty and conveyancing costs.
Last updated: April 2026