F8. Mandate Management

Mandate management encompasses every aspect of the mandate from:

  • The strategy implemented to get mandates.
  • The signing up and legalities of a mandate.
  • Obligations to the seller with regards to marketing during the mandate period.
  • Advertising – profiles, web listings, property week listings, etc.
  • The listing on a multi-listing network.
  • Appointments and client feedback during the mandate.
  • To the final analysis of the mandate within the management of all mandates i.e., days on market, the number of appointments, listing price vs selling price, a commission earned, etc.

Mandate management will allow agents to monitor the progress of the property and allow for changes based on buyer feedback.

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