Real Estate Mandate Companies: A Guide for Buyers and Property Developers
Real estate mandate companies are an important component of the real estate market that takes care of a few things such as how long a property would sit in the market and finally sell! Real estate mandate companies function as an intermediary between developers and buyers, making sure that the developer gets the lead for his project visibility basically securing potential buyers at various stages of sales.
Real Estate Mandate Explained
The Real Estate Mandate is a specialized contract that grants one company the exclusive rights to market and sell property. This is where a developer gives the authority to market, sell, and perhaps advertise his or her property elsewhere through this real estate mandate company. By localizing the demand for their properties, they are able to make sales tactics that are tailored more closely to the project and developers.
Real Estate Mandate Companies Key points
Real estate mandate companies offer a methodical end to an end property selling approach.
Here is a sample of some key benefits provided by them:
- Mandate companies design 360-degree strategies with digital and traditional media reach plans in their campaign executions which means the same see of the audience on these bands too. Companies like these take care of everything from social media ads to property exhibitions and put projects out there.
- One of the most important reasons why developers work with mandate companies (in order to streamline sales processes) mandate firms take charge of the transaction from business generation, client relations to negotiation. It makes buying a smooth process for buyers and maintains consistency in sales volume between developers.
- Real estate mandate companies are aware of the local real estate trends, as well as customer preferences- this helps them to position a project accurately in the market. They help developers to conduct market research and competitor analysis in order to figure out the competitive pricing as well as identify unique selling points of the project.
Services by Real Estate Mandate Firms
A full-service real estate mandate company usually also offers various types of services that are always included in their service range –
- Project Branding/Positioning: It consists of designing the brand of your project together with its advertising, in order to appeal to and convince the buyers it pursues.
- Develop tailored sales strategies per company according to market analysis and project goals, buyer persona demographic specifics with high engagement.
- Lead Gen and Sales Support: They help you sort out buyers from prospects & nurture leads smoothly through follow-ups.
- Documentation & Legal Support — Real estate documentation, such as legal issues and regulatory policies are all intricate procedures, that warrant companies to manage contracts from the beginning till the end involving contract management..
Why collaborate with a Real Estate Mandate Company?
Mandate firms help real estate developers to flourish in the real estate market. These mandate companies commit to handle all marketing and sales activities for you, make sure your properties are seen as much as possible by the right audience; so that they attract qualified buyers quickly, and close deals with minimum lead time.
Working with a real estate mandate company benefits real estate developers by generating increased project sales. While these companies provide marketing and sales prowess, they also add a strategic dimension that helps to bridge the gap from potential to results in an incredibly crowded field.
Why not reach out to Skyline Sales for marketing your latest properties in Pune or Mumbai? We are one of the leading and trusted real estate mandate companies in Pune and Mumbai. Contact us here.
