Last year while shopping for my first home, I can honestly say that I had little idea what I was doing. Fortunately, I was able to use the recommendations of friends, family and numerous online tools to help me make my decision. This was not a quick process however. I spent the better part of a year developing the right questions to ask realtors, identifying the critical must-have to the nice-to-have features in the home, and simply trying to figure out what town I actually wanted to live in.
The home shopping process reminded me of the request for proposal (RFP) process. RFPs don’t just get sent out of the blue. The requesting organizations spend hours creating questions, considering vendors to receive the RFP and organizing a document that will be easy to understand thereby allowing them to compare results across vendors. Basically a ton of work for what they hope will let them gather the right information and make the best vendor decision. (more…)