Fee Structure
How much does a Buyers Agent cost?
At Lumin8 Buyers Agency, we prioritise transparency and simplicity in our fee structure.
We offer a fixed-fee service, payable in two installments: the Initial Engagement Fee and the Success Fee.
Engagement Fee
Success Fee
The Initial Engagement Fee is payable upon signing an agreement with Lumin8 Buyers Agency. This fee covers essential services including in-depth property research, detailed market analysis, and the development of a tailored strategy for your property search. It represents your commitment to partnering with us as your dedicated Buyers Agent.
The Success Fee is the final payment, payable upon the contract of purchase becoming unconditional. This fee aligns our success with yours, ensuring we secure the right property for you at the best price and terms.
What is the cost of not using a Buyers Agent?
For both property investors and first-home buyers, skipping a Buyers Agent can lead to costly mistakes.
For Investors:
Overpaying for a Property – Without market insights and negotiation skills, investors may pay above market value, cutting into potential profits.
Missed Growth Opportunities & Opportunity Cost – A Buyers Agent identifies high-growth areas and off-market deals that the average buyer may never consider investing in. Buying in a lower-growth area without expert advice can mean missing out on hundreds of thousands in potential capital growth over time.
Hidden Issues – Poor due diligence can lead to unexpected costs like structural issues, zoning restrictions or low rental demand.
For First-Home Buyers:
Emotional Buying – Without expert guidance, first-home buyers often make impulsive decisions, overpaying or choosing a home that doesn’t suit their long-term needs.
Lack of Negotiation Power – Sellers and agents have experience; without representation, buyers often miss out on better deals.
No Clear Property Strategy – Buying in a capital city is becoming increasingly difficult for first-home buyers due to high prices and lending restrictions. Many don’t have the deposit or borrowing capacity to buy where they want. A Buyers Agent can source properties based on a strategic approach to get you onto the property ladder sooner.
Government Grant & Finance Mistakes – A Buyers Agent helps navigate incentives like first-home buyer grants and ensures the purchase aligns with lending requirements.
The Bottom Line:
Not using a Buyers Agent can mean overpaying, missing out on better investments or buying a property that doesn’t serve long-term goals. The opportunity cost of purchasing in the wrong area can mean losing out on significant wealth-building potential. For first-home buyers, a well-planned strategy could be the difference between getting into the market now or being locked out for years. The right guidance ensures smarter property decisions and long-term financial benefits.
Our Fee Structure
At Lumin8 Buyers Agency, our fee structure is clear, transparent, and aligned with the value of your purchase. We operate on a tiered model, with fees determined by the final contract price, ensuring fairness and consistency across all transactions. In addition to our full-service offering, we also provide tailored solutions for specific needs: a Negotiation-Only service, designed to secure the best possible terms and outcome in private treaty sales, and an Auction-Only service, where we represent and bid strategically on your behalf. This flexible approach allows clients to engage us at the level of support that best suits their property goals.
Benefits of a Fixed Fee
Our fixed-fee model offers numerous advantages. Firstly, it provides upfront cost clarity, allowing you to plan and budget with confidence. There are no hidden fees or unexpected costs. Secondly, our approach ensures our focus remains on achieving the best outcome for you, rather than being influenced by a percentage-based fee that could incentivise higher purchase prices. Our commitment is to secure the best deal for you.
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Ready for Lumin8 to light up your property pathway?
© Copyright Lumin8 Buyers Agency 2025
Fee Structure
How much does a Buyers Agent cost?
At Lumin8 Buyers Agency, we prioritize transparency and simplicity in our fee structure. We offer a fixed-fee service, payable in two installments: the Initial Engagement Fee and the Success Fee.
Engagement Fee
The Initial Engagement Fee is payable upon signing an agreement with Lumin8 Buyers Agency. This fee covers essential services including in-depth property research, detailed market analysis, and the development of a tailored strategy for your property search. It represents your commitment to partnering with us as your dedicated Buyers Agent.
Success Fee
The Success Fee is the final payment, payable upon the contract of purchase becoming unconditional. This fee aligns our success with yours, ensuring we secure the right property for you at the best price and terms.
What is the cost of not using a Buyers Agent?
For both property investors and first-home buyers, skipping a buyer’s agent can lead to costly mistakes.
For Investors:
Overpaying for a Property – Without market insights and negotiation skills, investors may pay above market value, cutting into potential profits.
Missed Growth Opportunities & Opportunity Cost – A Buyers Agent identifies high-growth areas and off-market deals that the average buyer may never consider investing in. Buying in a lower-growth area without expert advice can mean missing out on hundreds of thousands in potential capital growth over time.
Hidden Issues– Poor due diligence can lead to unexpected costs like structural issues, zoning restrictions, or low rental demand.
For First-Home Buyers:
Emotional Buying– Without expert guidance, first-home buyers often make impulsive decisions, overpaying or choosing a home that doesn’t suit their long-term needs.
Lack of Negotiation Power – Sellers and agents have significant negotiating and persuasion experience. Buyers without representation often miss out on sealing better deals.
No Clear Property Strategy – Buying in a capital city is becoming increasingly difficult for first-home buyers due to high prices and lending restrictions. Many don’t have the deposit or borrowing capacity to buy where they want.
A Buyers Agent can source properties based on a strategic approach to get you onto the property ladder sooner.
Government Grant & Finance Mistakes – A Buyers Agent helps navigate incentives like first-home buyer grants and ensures the purchase aligns with lending requirements.
The Bottom Line:
Not using a buyer’s agent can mean overpaying, missing out on better investments, or buying a property that doesn’t serve long-term goals. The opportunity cost of purchasing in the wrong area can mean losing out on significant wealth-building potential. For first-home buyers, a well-planned strategy could be the difference between getting into the market now or being locked out for years. The right guidance ensures smarter property decisions and long-term financial benefits.
Our Fee Structure
At Lumin8 Buyers Agency, our fee structure is clear, transparent, and aligned with the value of your purchase. We operate on a tiered model, with fees determined by the final contract price, ensuring fairness and consistency across all transactions.
In addition to our full-service offering, we also provide tailored solutions for specific needs: a Negotiation-Only service, designed to secure the best possible terms and outcome in private treaty sales, and an Auction-Only service, where we represent and bid strategically on your behalf. This flexible approach allows clients to engage us at the level of support that best suits their property goals.
Benefits of a Fixed Fee
Our fixed-fee model offers numerous advantages. Firstly, it provides upfront cost clarity, allowing you to plan and budget with confidence. There are no hidden fees or unexpected costs. Secondly, our approach ensures our focus remains on achieving the best outcome for you, rather than being influenced by a percentage-based fee that could incentivize higher purchase prices. Our commitment is to secure the best deal for you.
Ready for Lumin8 to light up your property pathway?
© Copyright Lumin8 Buyers Agency 2025