Selling with a real estate agency: which mandate to choose?

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Selling with a real estate agency: which mandate to choose?

If you decide to sell your house or apartment with the help of a real estate agency, you will have to choose the type of mandate you want to sign with this agency. There are two common types of mandate: the exclusive mandate and the simple mandate. Here are the advantages and disadvantages of each.

Exclusive mandate

This type of mandate gives the real estate agency the exclusive right to sell your property for a certain period of time. This means that you cannot sell your property without the agency's help for the duration of the mandate. The advantages of this type of mandate include greater visibility for your property and full assistance from the agency in managing the sale process. However, the agency fees may be higher than for a simple mandate.

Simple mandate

This type of mandate allows you to sell your property without the assistance of the real estate agency, but the agency can help you find a potential buyer and manage the sale process. The agency fees may be lower for this type of mandate, but the visibility of your property may be lower.

Before signing a mandate, it is important to consider your goals and expectations for the sale. If you want full assistance and greater visibility for your property, an exclusive listing may be the best option. If you prefer to minimize agency fees, a simple mandate may be better suited to your needs. Remember to read the terms and conditions of the mandate carefully before signing, and discuss any questions or concerns with the agency.