--- title: October Vendor Advocacy Example & Tip Of The Month description: Discover how vendor advocacy enhances property value through expert negotiation and strategic planning, plus the tip of the month on setting reserves under the new price disclosure rules. image: https://site.buyersadvocate.com.au/hubfs/image-png-Oct-05-2026-11-56-24-5338-PM.png --- [![BuyersAdvocate\_Logo-1](https://site.buyersadvocate.com.au/hs-fs/hubfs/Brand/BuyersAdvocate_Logo-1.jpg?width=200&height=80&name=BuyersAdvocate_Logo-1.jpg)](https://www.buyersadvocate.com.au/) - [ABOUT](https://www.buyersadvocate.com.au/about) ## [ABOUT Buyer’s Advocate specialises in buying property, and has been helping buyers meet their objectives for over 30 years. 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[Leigh McConnon](https://site.buyersadvocate.com.au/blog/author/leigh-mcconnon) Oct 6, 2026 --- ## VA Featured Listed Property ### 7/72 Cobden Street, Kew ![](https://site.buyersadvocate.com.au/hs-fs/hubfs/image-png-Oct-05-2026-11-56-24-5338-PM.png?width=719&height=531&name=image-png-Oct-05-2026-11-56-24-5338-PM.png) We are currently preparing 7/72 Cobden Street, Kew for sale on behalf of long-standing clients who have worked with us for more than a decade. Over that time, we have assisted them with the purchase of multiple properties and have also managed this particular investment on their behalf. With our clients now looking to consolidate their property portfolio, they have engaged us through our Vendor Advocacy service to oversee the sale and represent their interests throughout the entire process. The property will be marketed by Shannan Burbridge of Nelson Alexander, an agent we know well following a recent successful vendor advocacy in Walpole Street, Kew. Before appointing the selling agent, we were able to draw on our local market knowledge and experience to ensure the right strategy was in place for the campaign. The property is currently being prepared for market, with our team assisting with pre-sale preparation, styling, presentation and the marketing strategy before the campaign goes live. We have elected to run an Expressions of Interest campaign, with a proposed price guide of $570,000–$610,000. The campaign is expected to commence shortly, with the EOI closing on 10 August. This is a good example of how our Vendor Advocacy service extends well beyond simply recommending an agent. We remain involved throughout the process, helping coordinate the preparation, advising on strategy and marketing, liaising with the selling agent and ultimately ensuring our vendors have an experienced and independent advocate representing their interests from preparation through to sale. ## Vendor Advocacy Tip of the Month ### Your Reserve Is Now Part of the Strategy With Victoria’s new reserve price disclosure requirements taking effect this October, vendors will need to think about their auction reserve earlier than ever. The reserve is no longer simply a number discussed behind closed doors shortly before auction day. Once disclosed, buyers can factor it into their strategy, assess whether the property sits within their budget and decide whether they intend to compete. **Our tip:** Don’t treat setting the reserve as just a compliance exercise. Use it strategically. A reserve set too high may discourage genuine buyers before auction day, while a well-considered reserve, supported by recent comparable sales, buyer feedback and campaign activity can help maintain interest and encourage competition. This makes communication between the vendor, selling agent and adviser particularly important throughout the campaign. Buyer numbers, feedback at inspections, comparable sales and genuine offers should all help inform the final decision. **In the new environment, the right reserve isn’t just about the minimum price you’ll accept, it can help shape how buyers approach your auction.** ### [October Vendor Advocacy Update](https://site.buyersadvocate.com.au/blog/october-vendor-advocacy-update-clone) Expert tips on choosing the best selling strategy for your home to maximize value: auction, private sale, or off-market. Learn how Vendor Advocacy... Leigh McConnon Oct 6, 2025 ### [October Property Purchases](https://site.buyersadvocate.com.au/blog/october-property-purchases) Explore successful property purchases in Melbourne, highlighting strategic investments in Glenroy, Surrey Hills, and Thomastown, and market... Leigh McConnon Nov 6, 2025 ### [August Vendor Advocacy Example & Tip Of The Month](https://site.buyersadvocate.com.au/blog/july-vendor-advocacy-example-tip-of-the-month) Discover how a vendor advocate can help maximize your property's value through expert negotiation and strategic planning, even in a challenging... Leigh McConnon July 2, 2026 ### Your Trusted Buyers Advocate in Melbourne We are the leading Melbourne Buyers Advocates having bought over $3bn for over 1,000 clients over the past 32 years. ##### ![buyers-advocate-white-logo](https://site.buyersadvocate.com.au/hs-fs/hubfs/buyers-advocate-white-logo.png?width=250&height=81&name=buyers-advocate-white-logo.png) ##### We are Buyers Advocate We focus on the local Melbourne market – know it better than anyone else – have the best relationships with agents and experience. 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