Brokers who work with buyer’s agents may be benefiting from this relationship with fewer loan pre-approvals expiring and clients able to snap up off-market properties, according to Melbourne property experts.

The FBAA’s October 2024 Broker Poll, conducted by CoreData Research, found that of the professionals brokers worked with, they were least likely to partner with buyer’s agents.

The majority (62%) of brokers said they “rarely or never” worked with buyer’s agents, while 27% said they worked with them “sometimes” and a further 11% said they did “always or often”.

This compared with 60% of brokers who work with lawyers and conveyancers, and other more frequent professional relationships with accountants, real estate agents and financial advisers.