If you are selling your property (or are thinking of doing so), they will surely have advised you not to give the real estate agency exclusive rights . In this way you are not precluded from any possibility and you can sell to anyone who makes an offer that you deem satisfactory https://www.sellraleighhomefast.com/sell-my-house-fast-in-north-carolina/
But, if you are reading this article, you are probably wondering which is the right choice between: Relying on a single real estate professional exclusively. sell privately and with as many agencies as possible without exclusivity to have more opportunities
I want to give you an answer with a story, my story .
The plan was to refurbish it and sell it as soon as possible (for the right piece), so a correct commercial strategy was essential. The choice of agency was critical. I didn’t want to rely on any agency, but to spread the word as much as possible to have more possibilities. My partner, on the other hand, wanted to rely on a single agency. He claimed that in this way he would work and invest (time and money) in our property, making the most of it.
In the end I had to give in and we entrusted the job to just one real estate firm. I have to admit my friend was right! The agency put all its resources into play and sold the property in less than 2 weeks!
Advantages of selling without exclusivity
By selling without exclusivity you will essentially have 2 advantages: Being able to seize every opportunity
Have no commitments to anyone
In reality, the first point can also be obtained with a particular type of exclusive contract (find more explanations below). The second point saves you from the biggest risk when selling a property: Trusting the wrong real estate agent.
With an exclusive contract you would be tied to him until the expiry. Here is the story of a reader of this blog :
“ Since the beginning of November I have an accommodation for sale with an exclusive mediation contract expiring on 06/30/2020 after which it was to be understood as resolved without any renewal.