Updated 3 days ago
Vendor Advocacy is a relatively new Real Estate service in Australia. When a home seller uses an ethical vendor advocate, it usually means the right real estate agent is appointed resulting in a higher selling price and a stress free process for the vendor... Thirdly, the high profile Vendor Advocate businesses claim using their service doesn't cost any more than selling directly through a local agent. However, this is far from the truth. In Victoria, the fees payable to an estate agent are negotiable. An agent may state that they would like to charge you say 2% plus GST, but let me assure you, that if they think they will miss out on the listing, they would be inclined to discount their commission to say 1.8%. The high profile Vendor Advocate businesses claim that agents that discount their commission are only doing it to get your listing. Lets look at a hypothetical. You have a $500,000 home and at 2% the commission would be $10,000 plus GST. If you went directly to the agent you..
Also known as: Vendor Advocate