Carlton International Discuss What Is The Difference Between A Simple & Exclusive Mandate
The Simple Mandate: A flexible solution with limits.
The seller who chooses this option entrusts his house to several real estate specialists. Seen as a way to increase your chances of selling your house faster. By entrusting your property to several agencies the marketing and exposure of the home may vary.
Such as:
- The Price
- Photos
- Description & Details
- Inconsistent Online Visibility
It is not recommended to sign a simple mandate with more than three agencies. This is because it can create confusion for a potential buyer. The buyer may see the same home advertised with different agencies on different platforms. Sometimes with different prices and with different or inaccurate descriptive information.
The commission structure plays a large sole in the commercial advantages when selling your home. If you entrust your property to several agencies – only the agent will receive a commission. This is the agent who finalizes the sale. This can reduce the motivation of the agent, as they are competing with other agencies. The simple mandate offers greater freedom to the seller – but a lesser quality of service.
The exclusive mandate: A tailor-made and exclusive service from your agent
With an exclusive mandate, the seller and agent develop a professional relationship. The agent will be the only person responsible for the promotion of your home. From organizing the photography to creating a strategy with the marketing team.
The exclusive mandate means that only the chosen agent can present your property to a buyer.
The exclusive mandate is often feared because it requires complete confidence in your agent. However, an exclusive mandate is limited to just three months. If your agent has not finalized an offer within 3 months of the mandate contract, you can end the contract.
In a joint effort with the marketing team, your agent will develop an exclusive strategy for your home. We understand that each property is unique and requires sole attention. This is why we will ensure that your property has;
- A newsletter dedicated to your property and sent to our base of over 27,000 potential buyers
- A professional photoshoot
- A professional video shoot
- A home staging service to reveal the full potential of your property
- Specific campaigns on social networks
- Targeted gateways
- An internal network of global partnerships
The exclusive mandate will limit the seller’s actions – but will offer him a tailor-made service. You will have an agent that is dedicated to the sale of your property.
If you have any questions relating to sales mandates, please do not hesitate to contact us. Our team is at your disposal to help you make the best decision for your project.
