You might have probably heard of a buyer’s advocate who acts on behalf of property buyers. For a long time, real estate agents have been considered to the representatives of the vendor or the seller. Ideally, the operations of real estate agents are somehow different to earn them the name buyer advocate. You might have realized an increased number of persons claiming to offer real estate vendor advocacy services. This begs the question, what do these professionals do and how can they help you?
Real estate agents vs. buyers advocates
Most property sellers working with real estate agents believe that agents work to their best interests considering that they pay hefty commissions to them. As such, you expect them to get the highest price for them to earn a hefty commission.
What if a real estate agent is a little bit sloppy? What if they are okay with a small commission? In this circumstances, the seller is not assured of getting an optimal price. Not just that, you do not expect an agent to keep the seller on their toes or condition them before making a sale. Unlike an advocate, an agent will always tell you what you want to hear.
After bringing in a few potential buyers, most agents are often quick to let you know what the market is prepared to offer and not the true value of your house. Thus, in a slow-moving market, you are at risk of signing a deal that represents a less amount than the real worth of your property.
What a vendor does differently
Unlike a real estate agent, a vendors advocate can help you get the best amount of your property. Besides, they will also guide you accordingly during the entire process and provide valuable insights aimed at getting the best deal. As such, it is essential to choose an experienced and professional vendor advocate conversant with the prevailing real estate trends in your area.
Choosing the right advocate will help you sell your house faster and at the right price. For this to happen, you need to do due diligence. Look at their qualifications, licensing requirements, experience in this industry, type of results they offer, and of course their terms of service. Selling your property can be critical. For this reason, you have every reason to work with a vendor advocate and see how they add value when selling your property.