Useful answers

Property advocacy, explained clearly.

Start with the common questions below. For advice about a specific property or campaign, speak directly with Mark.

For vendors

How can a vendor advocate assist me?

A vendor advocate saves you the time and stress involved in comparing agents, appraisals, commissions and marketing strategies. MPS also monitors the campaign, reviews feedback and supports negotiation decisions.

Does vendor advocacy cost extra?

No additional advocacy fee is charged to the vendor. The MPS advocacy fee is taken from the appointed agent’s selling commission. The exact arrangement, agent commission, marketing costs and inclusions are confirmed before appointment.

How does the vendor advocacy service work?

MPS interviews suitable agents, compares appraisals, commissions and marketing schedules, and provides independent comparable-sales advice. During the campaign, MPS reviews marketing, attends open inspections, monitors buyer feedback and supports offer, reserve and auction decisions.

Can MPS help prepare my home for sale?

Yes. MPS arranges an interior stylist to provide written presentation advice at no cost and can coordinate trusted contractors for minor maintenance and campaign preparation.

Will Mark attend auction day?

Yes. MPS can assist with reserve recommendations, supervise the auction process and support any pre- or post-auction negotiations.

Does an existing relationship with the selling agent affect independence?

MPS represents the vendor. Professional relationships help create accountability and open communication, but agent recommendations and campaign advice remain focused on the vendor’s objectives.

Can MPS assist with a deceased estate?

Yes. MPS can coordinate agents, contractors, property preparation and campaign decisions to reduce the executor’s practical workload and provide independent oversight.

For buyers

What does a buyer advocate do?

MPS defines the brief, searches and assesses properties, conducts market-value research, coordinates due diligence and represents the buyer during negotiation or auction.

Can MPS help if I have already found a property?

Yes. Targeted services can include appraisal, comparable-sales research, due diligence, negotiation and auction bidding without a full search engagement.

Can a buyer advocate save me money?

Independent valuation evidence and disciplined negotiation can help prevent overpaying. No advocate can guarantee a saving, but MPS provides a defensible price range and walk-away strategy.

Does MPS bid at auction?

Yes. Mark prepares a bidding strategy, represents you at auction and can negotiate if the property passes in.

Which areas does MPS cover?

MPS works across metropolitan Melbourne, with established experience and agent relationships throughout the inner north, north-east, east and surrounding family markets.

How does MPS establish a property’s value?

MPS uses comparable sales, location and property attributes, sales history and experienced judgement to establish a defensible market-value range. A sworn valuation can also be arranged where appropriate.

How is MPS independent?

Mark Thompson is a fully Licensed Estate Agent operating as an independent property advocate. For a buyer engagement, MPS represents the buyer rather than the selling agent.

How are buyer advocacy fees structured?

Full search and acquisition is a fixed fee of $9,000 plus GST, with nothing upfront and the search continuing until a suitable property is secured. Negotiation or auction-only service is $6,000 plus GST when successful; an unsuccessful engagement is $1,000 plus GST per engagement. The written engagement confirms scope and any external costs.

A better first step

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