Do I really need a broker?

Yes! Brokers are so much more than the middleman; they can help you get what you need. Brokers have a vast knowledge of how to make your offer as appealing as possible and how to negotiate on your behalf. They will also provide guidance and ensure that all your needs are met.

What do brokers do and how can they help?

A broker is an independent third party who will act on your behalf, negotiating finance deals with different lenders in order to get the best deal possible. Brokers connect you with a network of lenders and can help reduce how much money you pay for your loan. Most people assume that the broker will be working on their behalf to obtain a better, cheaper deal but this may not always be the case.

The purpose of a broker is to find the right property, loan, or source of credit for their client. They work on behalf of the client, making offers on properties, sourcing credit and loans and negotiating on the best price, repayments. If the first offer doesn’t work out, they will typically continue looking until they find what you want.

Brokers also help with the paperwork and getting results back to you sooner than if you had done it on your own. Brokers can be valuable if you are not local in an area or country because they speak multiple languages and are knowledgeable about how to buy overseas properties.

Why should I have a broker?

If you are not having luck with lenders or properties on your own, then it may be time to look for help. A broker can work on your behalf and speak directly with the lending companies and sellers, negotiating how much they will lend you, property prices and in addition to how much interest is charged. This means that brokers have knowledge of both finance and business which makes them valuable for you.

How can a broker help you get the loan and finance you need?

A broker is essentially the middleman between you and your potential lender but they’re much more than that. They speak with both parties, gathering information about how much money you need, where you want to put it in, how long until repayment needs to start, what kind of interest rates are feasible for all involved…the list goes on!

The best thing about having a broker involved is how much they know about how to get things done. They have all the relationships with lenders, so it’s not just a one-off thing where you send in your information and hope for the best (which doesn’t always work).

A broker is a valuable partner. They can help with many aspects of the complex finance industry. If you want more information, contact us today.