31/10/2022
Selling your home can be a complicated business, with plenty of important decisions to make along the way.
One of those decisions is how many agents you will instruct to market your property. As the experts in the property market, Properties R Us can recommend a few ways in which to set up your property's mandate, with one of the most popular choices being to sign a sole mandate.
๐๐ก๐๐ญ ๐ข๐ฌ ๐ ๐ฌ๐จ๐ฅ๐ ๐ฆ๐๐ง๐๐๐ญ๐?
A Sole Mandate is a written agreement between the seller of a property and an estate agency to exclusively market the sellerโs property under certain defined terms and conditions.
Sole Mandates avoid duplication of buyers and thus eliminate the very real threat of potential double commission claims (paying two estate agencies or agents for the same sale).
When you grant a sole mandate (sole agent), you have one estate agent and estate agency who are responsible and accountable to you as their client.
๐๐ก๐ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐ฌ๐ข๐ ๐ง๐ข๐ง๐ ๐ ๐ฌ๐จ๐ฅ๐ ๐ฆ๐๐ง๐๐๐ญ๐:
1. You will get a better price by employing a sole real estate agent
2. They put more money and energy into marketing your property
3. Avoids double commission claims
4. Affords the seller more privacy and security
5. Too many agents can cheapen the property
6. Only one for sale sign board outside your property
For more information on the different mandate types, contact Properties R Us today:
๐ 079 549 6332
๐ง [email protected]
