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hi i would like to find out more about hiring an exclusive agent to market my property for sale. I understand that an exclusive agent will sign an agreement so you cannot get anyone else to market within a period of time. However, it is not clear to me why sellers would sign such agreements - what's the upside? is there less commission charged? otherwise you are committing to using only one agent who may not be able to close the deal and waste your time. thanks!
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1 Answer

Hi Liping,

That's the tricky part. It's always advisable to speak to a couple of agents first before deciding which is capable of achieving the result in no time.

Why exclusive?
It sounds more logical if you have more people marketing your project, the tendency of a closing is much higher. No doubt there will be a lot of activities but there will also be a lot of unnecessary viewings/repeat viewings. Things that will take up a lot of your time. It's definitely not suitable for busy people. Certain times, the agent won't be motivated to market your unit since he/she is aware that many people are doing so too.

But when you sign with an exclusive agent, this person will put your interest ahead of anything. There will not be any under-cutting or any conflict of interest. Your agent should be able to manage everything for you nicely while you're busy at work. This is our job.
Finally, there's no lesser commission charged but there's always room for negotiation between you and your agent since there's trust in the first place when you signed the exclusive.

Hope you'll make the right choice.

Should you need any help or is looking for someone that puts your interest ahead, feel free to drop me an email at clintonlimzj@hotmail.com
Alternatively, i can be reached at 94523347  .
Hope to hear from you soon,
Have a nice day! Read More
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