Selling property is among the most stressful things you can do. It is a huge financial decision that comes with an enormous emotional undertaking. Not just that, there are many decisions and considerations made in the process, which can make you overwhelmed. Choosing a real estate agent is one of the most important decision you can make. How do you choose the right agent? What do you look for? A vendor advocate can help you rise above these challenges.
Who is a vendor’s advocate?
A vendor advocate is a special real estate agent tasked with the responsibility of working to the best interests of the seller. vendor advocacy helps the seller or the vendor make the best decisions when selling a property. Moreover, they also coordinate the whole process on your behalf. Best of all, you do not have to pay anything for their services as their services are free.
How the process works
The first thing any vendor advocate does is to assess the true value of your property. The best part of the assessment is that it is unbiased and independent. Some real estate agents are often tempted to inflate the value of your home to win business only to lower it in future. With a vendor advocate, you get the right value from the start, which helps you plan accordingly.
Getting real estate agents
After the vendor advocate is done with your assessment, they will help you get the right real estate agent. Ideally, most of them invite some selling agents and have them conduct their appraisals. From there, the vendor advocate will carefully select the best agent based on their appraisals, market presence, sales record, and experience.
Informing the seller
After reviewing each proposal, most vendor advocates go an extra step of presenting these proposals to you and recommend the best agent. Not just that, they also provide you with the criteria used before arriving at this decision.
Initiating the sales campaign
After selecting the selling agent, the vendor advocate will negotiate the agent fees and commissions payable to the agent. Once they get the best deal, they work closely with the selling agent to coordinate the entire sales campaign. The good thing about this is that you do not have to do anything during the entire campaign.
Engaging a vendor advocate is beneficial in many ways. It is a free service that serves to save you from considerable amounts of stress. Not just that, it improves your chances of getting a better deal unlike when you work with only a selling agent alone.