Achieving the maximum selling price is every vendor's ultimate goal. In our vendor advocacy service we act as the intermediary with your selected real estate agent/s to represent your interests.
We will provide a recommendation on the agent we feel is best to sell your commercial property, advise you on realistic price expectations, manage discussions and guide the appointed agent/s to ensure they are presenting and marketing your property in the best manner.
Our aim is to help you achieve the highest possible price and give you complete comfort in making your decision at the time of exchange.
Navigating the selling process can be challenging due to inexperience within the market, legal terms, agent jargon and tough decisions involved. Our team of experts can share tips and tricks to help you avoid costly mistakes.
With decades of experience in real estate and vendor advocacy, we know how to achieve the highest possible price for your property while keeping the entire process transparent and the selling agent engaged.
Realistic and achievable but always aspirational, our process gets results.
Strategy
We commence by conducting an appraisal on the value of your property. Based on this assessment, we develop a strategy for addressing your needs which includes identifying the right agent for the type of property, value and location and developing the most suitable marketing campaign. This involves potential works required on the property, photography and the all-round positioning of the property for sale.
At Prosper Group, we are committed to helping you achieve the highest possible price for your property while keeping the entire process transparent and ensuring that your interests are always represented.
Implementation
Once we have developed a strategy, we work with you on the implementation. This involves liaising with the real estate agent/s, trades and solicitor to the point of your sales campaign commencing.
We are here to help you every step of the way.
Support
Throughout the property sale process, we provide ongoing support to ensure that the agent/s is meeting their commitments and addressing any issues that arise. We are here to ensure that you have the support you need to navigate the complexities of the commercial property market with ease.
Contracts and Settlement
As your vendor advocate, we assist you with the contracts and legal stages of your property sale. We provide guidance and support to ensure that you understand contractual obligations of the sale and help you navigate through the legal requirements with ease.
We work closely with your solicitor to ensure that all legal requirements are met, and all necessary documentation is completed accurately and in a timely manner. Our aim is to ensure a smooth and stress-free process for you, from start to finish.
Our vendor advocacy team has the experience to get you results.
What is a Vendor Advocate?
A Vendor Advocate is an experienced real estate professional who guides and assists a seller through the sale process, acting as a proxy if needed. They work to match the seller with an appropriate agent and potential buyers, ensuring the seller's wishes are carried out
The Vendor Advocate provides advice on how to maximise the sale of the property, budgeting, market appraisals, and selecting the best agent for the sale. They free the seller from the stressful burden of monitoring the agent's work and save time and money. Vendor Advocacy makes the selling process stress-free and efficient.
What are the benefits of using a vendor advocate?
The benefits of using a Vendor Advocate include having an experienced professional on your side who can provide expert advice, negotiate on your behalf and ensure the sales process runs smoothly. Having a Vendor Advocate between you and the real estate agent allows our clients to have a team working on their behalf and prevents the difficult conversations that often occur between vendors and agents.
Vendor Advocates can also help property owners avoid common pitfalls in the sales process, such as overpricing the property, choosing the wrong agent or accepting a low offer.
Do you work with specific agents?
Prosper Group is independent and does not work exclusively with any specific agents. We know which agents are good for which style of property and location.
We evaluate our clients property and position and advise which agent we feel is best to carry out the campaign. Although we maintain good working relationships with many agents, we have no bias towards any particular agent as our sole interest is our clients benefit.
Do you take care of the legal aspects?
While we do not handle the legal requirements for selling your property, we can offer assistance with standard questions based on our experience. We can work with your legal representative or offer recommendations for a solicitor to handle the legal aspects of the sale.
Are there any hidden fees involved in selling my commercial property?
As your Vendor Advocate we advise on all fees associated with selling your property, meaning there will be no surprise fees associated with the sales process. With our guidance, you can avoid the unnecessary fees and ensure a transparent selling process.
See what our satisfied clients have to say about our exceptional service and their successful outcomes.
Damien Holliday from Prosper Group has helped me buy two industrial properties. Both properties were found off-market and below prevailing market rates. The first property was sold a year later at a 40% premium to my purchase price.
I found their advice knowledgeable, fair and honest.
I would recommend Prosper Group, and would use them again. Read More
Prosper Group presented numerous opportunities, both on and off-market, before securing a commercial property that met all our requirements. Damien and the team were meticulous, keeping us well-informed every step of the way. We are very happy and now look forward to working with their property management team. Read More
Damien helped me find and secure a strong investment property in a very tight market. The Prosper Group commercial team then helped me navigate negotiations toward a successful settlement, with all the ducks in a row, ready for long term efficiency and profitability. I couldn’t have done this without them, and I’m one very happy customer. Read More
We worked closely with Prosper Group on the acquisition of our first Industrial property.
We relied heavily on their advice and expertise as they assisted us with the search, negotiation and acquisition. Prosper Group are now handling the commercial property management on our behalf.
We found the Prosper Group commercial team to be professional and very knowledgeable.
We are currently looking at our next acquisition with Prosper Group and highly recommend their services. Read More
The Country Women’s Association of New South Wales formed a relationship with Prosper Group in 2013 to assist with its future accommodation strategy. This included the sale of its long held premises in Potts Point and the subsequent search and purchase of a new property.
The Prosper team provided valuable advice to the Property Sub-Committee over the process and their knowledge and insight into the market was second to none. They were very professional in their approach and at times went out of their way to provide additional assistance.
Subsequent to the purchase of our new State office, we then engaged Prosper to source a residential investment property. Again their expertise and professionalism ensured an excellent outcome for our organisation.
In addition, we are now utilising Prosper’s Commercial Property Asset Management services to manage our newly acquired site.
We would not hesitate to recommend Prosper Group to our business associates. Read More
During 2011-12 I commissioned Prosper Group to find a multi-tenant commercial building for investment. Following many months of patient search and negotiation I eventually bought an attractive property with long term future development upside in October 2009. Detailed and patient due diligence process assured me it would be a good medium-long term hold. Proper Group managed all aspects of the purchase, management and subsequent sale.
During the next few years the boom of conversion of commercial sites to residential apartments rapidly grew. After many unsolicited enquiries and offers we decided to openly market the site. This was handled very well by Prosper and Ray White Commercial resulted in my accepting a very attractive offer December 2014 with delayed settlement February 2016.
Also in late 2012 through Prosper Group I bought another multi-tenant Commercial property with the same objective and criteria. Planning changes in the area have created significant capital gain that will be realised in 3-4 years.
In April 2009 Prosper Group also assisted me in buying a large single tenant industrial building that has been an excellent stable, simple well performing investment. Read More
Having outgrown an existing location, we (Kennards Hire) decided to look into the option of relocating that branch.
Not having enough time to devote to such a large task and having previously worked with Prosper Group on another of our properties I engaged their services to assist with the location of the new site.
Prosper Group showed their professionalism and expertise throughout the whole process, making the job very easy for me.
I will recommend their services to anyone looking to purchase a property and will continue to use them in the future. Thanks for your help.
Prosper Group found us an off market commercial investment property, which meant that we didn’t have the pressure of competing against other buyers to secure the property. The transaction was handled in a very professional way from negotiations through to a successful settlement, keeping us informed at every stage of the process.
Even when a few challenges arose during the transaction their knowledge and expertise allowed us to make informed decisions on important issues.
We were very happy with the acquisition service that Prosper Group provided and now have them as our asset manager to assist us in obtaining the best long term value out of this property. Read More
Prosper Group assisted us in purchasing an investment property in Gosford. They handled the transaction in a very professional way from negotiations through to a completion, and they kept us informed at every stage of the process. The fact that Prosper Group handled all aspects of the transaction and were available at any time meant that we were only required to put in a minimum amount of time and effort, which helped us stay focussed on our own day to day activities.
Prosper Group’s acquisition service provided us with the peace of mind that the property we purchased is a good long term investment, and we have also engaged Prosper Group’s asset management term to assist us in obtaining the best long term value out of this property. Read More
Communication has always been detailed, every step of the process has been handled professionally, my own time involvement has been minimised.
I look forward to working with Prosper Group on a continuing basis to develop a property investment portfolio. Read More
Prosper Group understood the type of property investment profile we were seeking and provided numerous properties for the association to consider. The shortlist were quality properties and the due diligence work that Prosper Group undertook was very thorough and provided valuable information for the board to consider. The NSW Farmers Association has ended up with 2 high quality buildings. Thank you Prosper Group. Read More
Running a busy practice leaves me little time to look for property, I engaged Prosper Group to source and negotiate a commercial investment property for me. They negotiated an outstanding deal for me – almost 19% off the purchase price. They did extensive due diligence ensuring the property met my criteria. The final property we selected was in an area council designated to modernise and add additional infrastructure.
The property was purchased on a net yield of 8.91%.
12 months later nearly to the day council actually offered me $200,000 more than what I paid for the property. I asked Prosper Group for their input and to my delight they negotiated an extra $600,000 for me. Read More
We thank Prosper Group for their diligent and professional approach in assisting us with purchasing a commercial investment property. Prosper Group really helped guide us through the ups and downs of finding, negotiating, analysing and successfully purchasing an investment that satisfied our requirements.
Prosper Group’s experience and expertise kept us ahead of the market and helped us be competitive in a strong market. They also provided us with a diversified search covering all of NSW and QLD which ultimately led us to buy a property in Brisbane when we were originally only considering Sydney and the Newcastle region. Although this was a new market for us Prosper Group made us feel comfortable with the area and the property and we achieved a better result than the properties we were considering in Sydney.
We valued and enjoyed the education on industrial properties throughout the search, and appreciated the market background intelligence so as we could reassess our strategy in moving market conditions.
We are happy to have Prosper Group as our property adviser and asset manager. Read More
I’m very happy with the service Prosper Group have provided with my search and acquisition. Their professionalism, persistence and understanding of my needs in commercial property were outstanding and I would highly recommend them. Read More
Meticulous, thoroughly professional, very patient. A pleasure to deal with. Read More
I would like to thank Prosper Group for their expert help in finding a business location for our growing business.
As anyone in small business realises time is hard to come by, Prosper Group found the potential properties, narrowed them down and then in one day only for me we selected the right property.
Prosper Group then negotiated the deal all with little effort and time from myself.
I have no hesitation in recommending Prosper Group; they will save you time and money and also offer friendly advice. Read More
I originally engaged Prosper Group to conduct due diligence and negotiate the purchase price of a property I had located to use as a surgery. Their due diligence identified a major issue with access to the car park at the rear of the property and unfortunately a solution was not possible. Based on Prosper Group’s advice, I withdrew from the purchase of the property.
Since then I have used Prosper Group to assist with other property matters relating to my business, including making off market offers on properties suitable for surgeries. I am also in the process of engaging them to source a residential investment property.
Over the eight months that we have been working together, I have found Prosper Group to be very knowledgeable, professional and thorough in their approach, as well as great value for money. I have the confidence to leave the process to them, allowing me to focus on my patients and the business. Read More
I wanted to invest in a commercial property, but as I live in Adelaide there was no way I could commit the time to the research and negotiation. Once I contacted Prosper Group, Alex and the team around the country set about establishing a short-list of potential properties to begin the due diligence process.
Together we rejected the properties that didn’t meet the strict checklist we created together. Eventually, we settled on an excellent retail complex in inner-city Brisbane.
Prosper Group’s negotiation skills reduced the price from $1,500,000 to $1,175,000. I saved much more at purchase than it cost me to engage Prosper Group to complete the transaction.
The property, which is zoned for further development, was purchased on a net yield of 12.65%. Seven months later, it was re-valued at $1,485,000. The property is now returning a high yield with stable long term tenants.
I am very impressed with Prosper Group’s method of selection, their support team – including solicitors – their management and their process from start to finish. Their attention to detail is second to none and they will not push anything through until all of the buyer’s requirements are satisfied.
I can highly recommend Prosper Group. We are currently in the process of finalising another commercial deal and I look forward to building a large portfolio of properties with their assistance over the ensuing years. Read More
