Our Methodology
The MANDATE Method
The method describes an accepted scope, not available capacity in every asset category. Watch brokerage and valuation have published terms. Any non-watch assignment requires confirmation before sourcing, outreach or specialist work is promised.
Why a named method?
Trust at this level requires a repeatable process. Passion Asset Advisory uses the seven stages to organise represented watch transactions. Their detail and order depend on the agreed route and inspection conditions. The method is a framework for written responsibilities, not a guarantee of verification, completion or service availability across other categories.
Mandate Define
Every engagement begins with confidential written terms: we define your objective, state the office's role and represented side, and put the scope and fee structure, whether success-based or flat-fee, in writing before work begins. An NDA is available from the first conversation, with permitted recipients and any required identity checks agreed before disclosure.
Access Source
For an accepted watch buying mandate, the brief defines which public and private opportunities to consider. For a represented sale, the owner approves outreach and buyer checks. An unlisted description does not establish stock, authenticity, a buyer or a better price. Other asset searches need separate acceptance.
Numbers Compare the evidence
We separate completed sales, asking prices and estimates. The written comparison explains condition, fees and the expected seller net or buyer cost. When relevant, it also covers running costs and how easy the asset may be to resell. Limited evidence is stated, not filled with invented comparisons.
Diligence Verify the paper
The review records four questions: ownership and title, documentation and provenance, condition, and relevant price evidence. Define the checks, responsible specialists and purchase conditions in writing. Missing records or unresolved findings can stop the process. Preliminary screening is not a completed physical inspection.
Assurance Verify the object
For a watch, agree the physical inspection, location, scope and report needed before acceptance. Photographs alone do not complete that work. Aircraft, yacht, art and bag inspections require different specialists; listing those needs does not confirm that the office has accepted or arranged them.
Terms Negotiate one side
We negotiate quietly for your side only. The accepted mandate defines authority for offers, counteroffers and information sharing; the client approves binding commitments. We confirm every material term in writing and accept no undisclosed payment from the other side.
Execution Complete the transfer
We agree the inspection, payment, insurance and handover sequence in writing. Escrow or registration specialists are used where the agreed route requires them; no provider is assumed before appointment. The buyer receives the agreed records. Ongoing collection advice is a separate service.
What do you receive before deciding?
The seven stages produce decision intelligence. Before any money moves, the office answers four questions in order: whether to transact, what to transact in, when to act, and what price to accept. The MANDATE Method uses a repeatable, evidence-led sequence instead of a feeling about a piece. A mandate can therefore end with a reasoned decision to wait instead of a purchase.
A represented mandate identifies the client side and the work accepted by the office. Specialist coordination must be expressly included. Lawyers, tax advisers, insurers and inspectors retain their own responsibilities. Continuing advice during ownership is a separate service, not an automatic part of a purchase or sale.
One discipline, one office. The planning questions can also help compare proposals for other physical assets. They do not prove available expertise or capacity. First confirm whether the enquiry can be accepted, then specify the category-specific evidence, inspection and completion requirements.
How does the MANDATE Method protect a client?
Written roles, evidence checks and an agreed payment sequence reduce avoidable mistakes. They do not remove every risk or guarantee a price. Identity and ownership information may be needed by the counterparty or appointed specialists to complete the transaction; it is shared through the agreed process, not advertised publicly.
What happens after the first enquiry?
Tell Passion Asset Advisory what you own or want to acquire, where it is and your preferred timing. The first conversation checks whether the brief fits. It is free and does not commit you to a transaction. Photographs can be requested by email after a text enquiry.
- We confirm the asset, documents, objective and any privacy requirements.
- We explain the proposed role, scope, fee and third-party costs before you sign.
- For a represented sale, you approve the buyer approach and marketing limits. For a purchase, you approve the search criteria.
- You review the evidence and written terms before making a binding decision.
Collector-watch sale estimates are free. A detailed written report starts at $500 for the first watch; a collection review costs $2,500 for up to 15 watches. These are distinct from transaction fees. Read the watch appraisal and valuation options or the watch sale routes and fees.
Nothing is published without approval. An NDA is available on request. If the evidence, condition or terms do not support the transaction, we can recommend waiting or declining it.
FAQ
Quick answers about the MANDATE Method
What is the MANDATE Method?
The MANDATE Method is Passion Asset Advisory's seven-stage process for acquiring and selling passion assets. Its stages are Mandate, Access, Numbers, Diligence, Assurance, Terms, and Execution. The written scope defines verification, one-side representation and the disclosure required for checks and completion.
Does the MANDATE Method apply to both buying and selling?
Yes, for accepted represented mandates. Buying involves a defined search; selling involves approved outreach and offer review. Both need written roles, fees and conditions. A disclosed collector-watch principal purchase is different: the office is the buyer, not the seller’s adviser. Non-watch scope requires separate acceptance.
How long does the MANDATE Method take?
Timing depends on the asset, records, buyer or seller availability, inspection and agreed conditions. A sourcing or placement timetable is not a completion guarantee. State dependencies and review points in the scope rather than promising a universal number of weeks.
What makes the MANDATE Method different from a marketplace or dealer?
A marketplace lists inventory; a dealer sells its own stock on the spread. The MANDATE Method is mandate-led representation. Written terms identify the office's role, represented side, fee structure, and any principal purchase before commitment.
Is the MANDATE Method the same as decision intelligence?
Yes. The MANDATE Method is the process that the office uses to produce decision intelligence. It determines whether to transact, what to transact in, when to act, and what price to accept before any money moves. This is why a mandate can end with a reasoned decision not to buy.
Who runs the MANDATE Method, and on whose behalf?
The office runs the accepted represented scope for its named client and coordinates only the work agreed in writing. A collector-watch principal purchase makes it the counterparty instead. The mandate or offer states the role, fee, approvals and completion conditions before a commitment.
See the method as a step-by-step process · Three worked mandates
Passion Asset Advisory
One method, applied to the assets that make up a life.
Ask which watch scope can be accepted, what evidence is needed and how the role and fees will be documented. Advisory reports and represented transactions are separate. Other asset enquiries need an explicit availability decision before instructions.