When choosing a Real Estate Agency to sell your property, there are two types of agreements you can consider: Sole Agency Agreement, referred to as an exclusive listing or a General Agency Agreement, commonly known as a general listing.
Sole Agency Agreement
If you choose to list with one Estate Agency then they have the exclusive right to market and sell your property. If you sign a Sole Agency Agreement, you can’t sign an agreement with another Agency.
The benefits of listing your property with a sole agency: if you sign a Sole Agency Agreement, your Estate Agency is motivated to work harder for you and spend extra money advertising your property. If you place your trust in us by signing a Sole Agency Agreement to sell your property, you will benefit from the entire spectrum of our sales promotion activities. We will set your property apart from all other properties.
General Agency Agreement
If you would like more than one Estate Agencies to market your property at the same time, sign a General Agency Agreement with each Real Estate Agency.
If you sign a general Real Estate Agency Agreement you only pay commission to the Estate Agency that sells your property.