We are committed to helping you maximise the sale of your property too. We want to introduce you to a free service from Vendor’s Advocate, Neville Katz that will benefit anyone selling a property. Craig sat down with Nevile recently, who explained the benefits of working with a Vendor’s Advocate.
What’s a Vendor’s Advocate?
In short, they help time-poor people who aren’t experts in selling property. They inform, advise and protect the seller throughout the sales process right up to settlement. They help maximise the sale price, saving people time, money and stress.
The service begins with selecting the best sales agent for the job and negotiating the commission, marketing costs and favourable agency agreement terms and conditions. From there, a Vendor’s Advocate stays by your side throughout the sales process, ensuring that you are fully informed throughout the sales process and have all the relevant information to make informed decisions along the way. The ultimate goal is the best possible sales price.
How do Vendor’s Advocates get paid?
There is no cost to the seller. The successful agent pays them a standard referral fee on completion and settlement of the sale. The fee is always the same, so agents aren’t able to buy an advantage when competing for a client.
Why haven’t I heard of a Vendor’s Advocate before?
Twenty years ago, nobody had heard of a Mortgage Broker, so people went straight to their bank for a loan. Today 70 per cent of people engage a broker to get a financial product that suits their needs.
Ten years ago, engaging a Buyers Agent was a little-known way of gaining an advantage when buying a property. Now, hiring a Buyers Agent to scour the market, leverage their relationships and negotiate price is commonplace.
Vendor’s Advocates are still relatively unknown, but sellers quickly realise the benefits of having an expert on their side as they navigate the complex property world before making a significant financial decision. A Vendor’s Advocate offers the advantage of years of hands-on experience, independent advocacy, and the expertise to prevent most problems before they arise.
What’s next?
To understand more about the benefits of using a Vendor’s Advocate, call Neville on 0401 224 422, email him or visit www.katzproperty.com.au