Elements and Performance Criteria
- Prospect to attract potential vendors.
- Identify and plan suitable prospecting methods to attract business listings according to agency requirements.
- Apply prospecting methods to create opportunities to establish vendor–agency relationships.
- Explain agency business broking services that meet specific vendor preferences and requirements.
- Address vendor questions or concerns and offer information or services that attract relationships.
- Record communications with potential vendors according to agency requirements.
- Confirm sale context.
- Complete documentation for listing.
- Explain listing and sales process to vendor and seek additional information to ensure mutual and comprehensive understanding of vendor and agency requirements.
- Prepare and execute documentation for business listing according to legislative requirements.
- Retain vendor records and documentation according to agency requirements.
- Set up vendor communication processes.