Not all property advisors are equal. Some are genuinely independent. Others are property spruikers or commission-based salespeople using the advisory label. Here is how to choose a property advisor who will actually help you make a better decision.
What to Look for in a Property Advisor
1. Genuine Independence
A real property advisor has no financial relationship with developers, selling agents or property marketers. If an advisor is recommending new properties from a preferred panel, they are likely receiving a referral commission. True independence means the advisor’s only income is your advisory fee.
2. Fixed Fee Transparency
Legitimate property advisors charge a fixed fee that is disclosed upfront. Be wary of advisors who charge a percentage of the purchase price — this creates an incentive to recommend higher-priced properties. Collings Property Advisory charges a flat $4,500 + GST with no exceptions.
3. Licencing
In Australia, providing property advice and negotiating on your behalf requires a real estate agent’s licence or an appropriate exemption. Always verify the advisor holds a valid licence in your state.
4. Track Record and Market Knowledge
A good property advisor should be able to demonstrate genuine market knowledge — not just general real estate experience. Ask them to walk you through comparable sales in the suburb you are targeting. If they cannot give you specific, data-backed analysis, look elsewhere.
5. Clear Scope of Service
Know exactly what you are getting. Does the advisory include negotiation? Auction bidding? Contract review support? Seller campaign advice? Make sure the scope is clear before you engage.
Questions to Ask a Property Advisor Before Engaging
- Are you licensed in this state?
- Do you receive any referral commissions or payments from third parties?
- What is your fixed fee and what does it include?
- Can you show me examples of comparable sales analysis you have produced?
- Have you transacted in this suburb in the last 12 months?
- Do you provide auction bidding as part of the service?
Red Flags to Avoid
- Advisors who recommend specific new developments or off-the-plan properties
- Percentage-based fees tied to the purchase price
- Vague or unclear scope of service
- No real estate licence
- Pressure to engage quickly without time to consider
- Promises of guaranteed capital growth or rental yield
What Should a Property Advisor Cost?
A legitimate fixed-fee property advisor should cost between $3,000 and $6,000 + GST for a single transaction. Collings Property Advisory charges $4,500 + GST for both buyer and seller advisory engagements. This includes comparable sales analysis, market value assessment, negotiation strategy, offer management, auction support and contract guidance.
FAQs
Is a property advisor the same as a buyers agent?
No. A buyers agent searches for property on your behalf. A property advisor helps you buy or sell a property you have already identified. The cost difference is significant — buyers agents charge $15,000-$25,000+ versus $4,500 + GST for a Collings Property Advisor.
Can a property advisor help with selling as well as buying?
Yes. Collings Property Advisory covers both buyer and seller advisory at the same fixed fee of $4,500 + GST.
Get Started Today
Collings Property Advisory is independent, licensed and fixed fee. Enquire now at collings.com.au/portal or call us today to speak with an advisor. $4,500 + GST all-inclusive.
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