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Benefits of signing a Sole Mandate. Continuation

Category Expert Insight

Open mandates are often verbal agreements where a sole mandate is a written agreement. With no written agreement in place, certain aspects could be misinterpreted, which could cause conflict. A clear, written    contract protects both you and the agent, reducing the risk of any misunderstandings.

A written contract will also ensure that the agent puts maximum effort into fulfilling the goals that have been set. If any agent is working on a open mandate, they may be less inclined to spend as much time marketing the property, which will reduce your home's chances of selling.

 

Author: Maria De Angelis

Submitted 03 Sep 20 / Views 2935