Expert Property Buying Services:
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Yes, the Bank of Ireland considers buyer’s agents as a “wealth of information” for prospective property buyers. For most individuals, purchasing property in Ireland is amongst the largest single investments made in a lifetime, so carefully choosing a buying agent in Tuam or Galway can make the process much more straightforward and less time-consuming and stressful.

A buyer and seller may have the same agent, also referred to as dual agency, although this is not generally recommended. Dual agency is legally permitted and regulated in Ireland. Many extra steps need to be taken if the buyer and seller share the same agent. Conflicts of interest, impartiality, and full disclosure all become much more important to address when both the buyer and seller use the same agent.

As the name implies, a buyer’s agent is an individual who manages the purchase of a property on behalf of a prospective buyer, i.e. the agent’s client. Their duties typically include conducting searches for suitable properties, evaluating them, arranging for viewings, bidding and negotiating with sellers, arranging for conveyancing, managing financial considerations and tax obligations, and finalising the sale with the seller.