Episode 19: Nicole Jacobs - What’s A Vendor’s Advocate

Vendor's Advocate's - What do they do? Nicole Jacobs from Nicole Jacobs Property is back to talk to us about the other side - vendor advocacy, and how a vendor advocate can assist you in selling your home.

A 'Vendor' is the same as a 'Seller' - vendor is an industry term, seller is a general public term.

What is a vendor's advocate?

Are vendor advocates the 'arched enemy' of the real estate agent? Are you there to keep them honest in their education to the seller?

Why is it worth getting a vendor advocate in?

How much of the selling process to you do?

Does that include helping update the house to get it ready for sale and other things beyond what a real estate agent might do?

How do you help save vendors money?

How are you paid? Commission? Flat Rate? Will it cost the vendor more to use your services?

Do you inform the vendor about how the sale is going, or does the agent do that?

Are there only certain agents you work with?

Martin from Mitcham wants to know, How do I know that I'm getting the best agent for me and my circumstances?

What type of person or entity would be your main clients?

What happens if the house doesn't sell? Do you still get paid?

Clancy from Surrey Hills is worried that she will be paying more money in advertising than she needs to. Do you make sure that the advertising the agent wants the seller to do is what the should be doing?

Are there any hidden fees that the seller should be worried about?

Nicole Jacobs has given us one of her best-selling books 'Sold' to give to one lucky listener. Go to Facebook or Instagram, like our competition, and tell us why you love Real Estate Right to be in the running. Winner will be announced: 31st May 2020.