Property Buying - Cost of Inactivity

Updated: Oct 16

When it comes to engaging the services of a buyer's agent, many would look at the fees, question why they should engage a property buying service when they can do it themselves for free, and walk away. Many compare the cost to the seemingly 'zero' costs if they were to buy the property on their own.

Is this a smart move?

Let's look at the basics. What are the costs of a typical property purchase? Many would quickly and correctly mention stamp duties, conveyancing, due diligence costs. However, not many buyers would factor in these intangible costs: