2010-05-13
House Sale Options - Sole Mandate vs. Joint Mandate
In the property market, you have a number of options for you’re house sale, but making a decision as to what will be the most beneficial for you as the home seller, can be difficult.

When looking at the differences between a sole mandate and a joint mandate, you will see that a sole mandate can be much more convenient and beneficial for you as a home seller. The house sale will receive priority, which is the first and most important factor to consider.

When a joint mandate is selected, each agent will have to compete for the sale and as there is no guarantee, they do not spend the same amount of resources on marketing your property as they would if they received a sole mandate. The house sale would benefit dramatically with a sole mandate being offered to an agent who will give your property the attention it deserves.

An estate agent with a sole mandate is also more likely to negotiate a better sale price than if they were competing with various other agencies. This agent is also able to open up the mandate to other agencies for a quicker sale, which will result in the sharing of the commission. The seller will not be affected by this at all, and you will still receive the attention and investment that a sole mandate provides.

Another aspect to consider by choosing a sole mandate is that all the enquiries and communications will be handled by the sole mandate holder for the house sale, which alleviates any stress and hassles for the seller. It is far more convenient to hand over your property to a single estate agent who will market your property effectively.

As you can see, the sole mandate option gives you as the home seller a better option for achieving a good sale price and making the entire process easier. If you want to find out more about selling your house, and learning more about getting a sole mandate with Cape Sky Realtors, please contact our friendly estate agent, “King” Arthur today!

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