6 Reasons Why You Should Consider Using Vendor Advocacy Melbourne
A vendor advocate in Melbourne provides you with a level of control over the selling of your home. By bringing you focused, detailed experience in all facets of your home buying transaction, a vendor advocate can help you make a more informed decision. Vendor advocates are especially important during the final stages of a home buying process.
Do you need vendor advocacy Melbourne if you have plans to sell your family home? This post believes that a vendor advocate can be of great help, and here are the reasons why:
- Has The Right Real Estate Background And Training
They have vast experience in both buying and selling homes, so they act as your advocate during the entire selling process. Their job is to listen to what you’ve got to say, as well as to what you don’t have say. This will get them to hear everything that you say and not just the facts.
Vendor advocacy has become a common practice in the home sales market in Australia, and there’s good reason for this. Vendor advocates have the right background and training, and can get things done for you without you having to take care of a whole bunch of problems for yourself, such as dealing with a realtor or a buyer agent.
- Serves As Your Voice Throughout The Selling Process
Vendor advocates in Melbourne will be your voice and your advocate until you close the deal. When you do close the deal, they’ll be there for you every step of the way. From your first meeting with the buyer to the closing date, as well as from the time you receive your check to the moment when the bank approves the loan, vendor advocacy has your back. And, that’s not all—the vendor advocate is also there to keep you informed about any changes or developments in the property market.
- Negotiates The Deal For You
Vendor advocacy helps you negotiate the terms of the contract between you, your buyer’s agent, and the buyer, as well as any additional clauses or requirements that may be included in the contract. A good vendor advocate brings the buyer’s agent in contact with you for a variety of reasons; but the most important reason is to ensure that the contract and any other documents required are signed before the closing date.
After the buyer signs the contract, they’ll receive a letter from you confirming receipt of the document and that the contract has been agreed upon by you and the buyer. Your vendor advocate will, then, send the contract to your buyer’s agent who’s responsible for submitting the necessary paperwork to the real estate commission. This includes your legal signature on the contract, along with an acknowledgment that the vendor advocate has taken the time to review and sign the contract.
- Makes Sure That The Deal Gets Closed As Quickly And Smoothly As Possible
As a seller, you can’t leave the buyer to the hands of a real estate agent, who may not be the best choice for you despite the high real estate fees. The same goes for a buyer—you can’t leave the person you’re buying from to someone else’s hands.
A Melbourne advocate can fill an important role in the entire selling process as they get the job done in a timely fashion. Not only that, but they get the job done efficiently, which is important if you want your deal to close as quickly and as smoothly as possible.
- Be Represented By Someone Who’s In The Same Boat As You
Most vendor advocates will tell you that they started their career by working with realtors but soon found out that the buyers they’re helping weren’t interested in the type of property that they’re showing. So, they began working with sellers and have been doing it ever since.
As a seller, you’re the best advocate for yourself, so you’ll have your own personal advocate working for you, but you won’t have an agent to represent you. In fact, most agents will be glad to tell you that the seller is represented by a real estate lawyer or a vendor advocate.
When it comes to finding the right vendor advocate for you, the best way to go about it is by speaking to those who are familiar with the state laws and the process of being a vendor. It’s imperative that you seek out a vendor advocate who has taken a training course to gain knowledge on the process.