Benefits of signing a Sole Mandate
Category Expert Insight
Many homeowners feel that if they allow multiple agencies to market their home, they will increase their reach to potential buyers and enable them to sell quicker. The truth is that it is often far more effective to sign a sole mandate and allow one agent the time to secure the best sale.
For those who are unfamiliar with the term, a Sole Mandate is an exclusive contract that stipulates a time - frame during which you may not appoint another agent to market your property.
If you opt for an open mandate, you are taking exclusivity out of the deal completely. This means that there will be multiple agents, from a variety of agencies, who will be marketing and trying to sell your property. This why you will see multiple listing grouped together, when you click on a particular property listed with more than one estate agent, on property24.
More on the Benefits of Sole Mandate see our next article..
Author: Maria De Angelis
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