1Send a ‘Week 1’ update to the vendor
Importance: Essential
Include:
-summary of all live marketing activity
-current interest
-viewings booked so far
2Schedule an automatic weekly update email
Importance: Essential
Include:
-viewing feedback summary
-website & portal activity
-any offers received
3Schedule a fortnightly telephone update
Importance: Essential
Provide a summary of:
-interest in the property over the past fortnight
-current views on price/saleability
4Schedule a price review meeting for Week 8
Importance: Optional
4.1Summarise feedback received re: price
Importance: Optional
4.2Research any recent comparables
Importance: Optional
4.3Prepare any recommendations to revise price or marketing strategy
Importance: Optional
4.4Arrange a time to visit the vendor to talk through recommendations
Importance: Optional
4.5Send an update to the vendor a week after any agreed price change
Importance: Optional
Include a summary of the initial response to the change in price.
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