0
A Seller's Mandate is the person with legal authority to represent the seller in negotiations with potential buyers in the sale of commodities. The Mandate will have clear instructions from the seller as to the procedure to be adopted and what is required from the buyer in order to proceed with the sale. Normally, the seller will require proof of funding and/or a Letter of Intent before proceeding further with the sale. Thereafter, all negotiations will be between the seller's mandate and the buyer's mandate (a mandate for the buyer).
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoSomeone, either a person or company or similar, that has been authorised by a Seller to represent them in the sale of the product. This may be given in writing, but it may also be an oral agreement. Basically, someone who directly represents the Seller with nobody else in between.
Add your answer:
Earn +20 pts
How long after your new house closes do the sellers have to move out?
This is something that can be discussed during the drafting of the initial contact papers. Typically, the sellers must be out by the closing date.
If in a market there is one buyer and many sellers then what is it called?
A buyer's market is when there are few buyers and many sellers. If the opposite is true, then it's called a seller's market.
What is place marketing?
It is a place where buyers and sellers meet and do transaction.
What are the benefits for sellers for directmarketing?
There are several benefits for sellers who choose the direct marketing route. Perhaps the best benefit is the lack of a middle-man, which means less money spent on marketing.
What is the definition of a real estate broker?
A real estate brokeris a person who acts as anintermediarybetween sellers and buyers ofreal estate/real propertyand attempts to find sellers who wish to sell and buyers who wish to buy.
Is Sugar Authority a real company?
They are brokers and they mandate direct to sugar millers and refineries and from sugar sellers with sugar allocations. See the related link for further information.
A sentence with mandate in it?
the commisioner mandate
What is the synonyms of mandate?
synonym of mandate
Is vacation a mandate?
Yes, vacation is a mandate,
What is the mandate for the police?
General mandate for policing
Coal what is a Mandate?
A mandate is a person who buys coal. This person is either a trader or a final burner. The mandate is the person who has the power of buying or selling coal. There are two types: buyer's mandate or seller's mandate.
What is the general mandate for policing?
General mandate for policing
How do use mandate in a sentence?
mandate can be a verb or a noun
What is the suffix in mandate?
There is no suffix in mandate. It is a root word.
What is a sentence for mandate?
Mandate can be either a noun or a verb: The commissioner was given a mandate to increase security in the public schools. The first thing I will do is mandate a complete overhaul of the process.
What is a good sentence for mandate?
Mandate can be either a noun or a verb: The commissioner was given a mandate to increase security in the public schools. The first thing I will do is mandate a complete overhaul of the process.
When was Mandate Pictures created?
Mandate Pictures was created in 2005.
