Simple or exclusive mandate?
Discover the differences between a simple and exclusive mandate to better sell your property.
Understanding the role of the mandate in the sale of a property
Whether it is a matter of choosing between a simple mandate and an exclusive mandate, you will benefit from the support of a real estate professional in both cases. The sales mandate is a contract binding the seller and the real estate agency. It defines the conditions of the mission entrusted to the agent and the level of mutual commitment.
To make the right choice, it is essential to know the differences between the two types of mandates and their implications for the freedom, visibility, and speed of sale of your property.
The differences between the exclusive mandate and the simple mandate
The exclusive mandate gives the real estate agency total exclusivity on the sale. For a duration of 3 to 6 months, you cannot sell by yourself or entrust the property to another agency. This type of mandate often encourages the agent to become more involved, as their compensation depends on the success of the sale.
The simple mandate, on the other hand, allows you to collaborate with several agencies and even sell by your own means. This formula offers more freedom but creates competition between agencies, which can harm the consistency of the sales strategy.
The advantages and disadvantages of exclusive mandates and simple mandates
Choosing an exclusive mandate means benefiting from a strong commitment from your real estate agent. They will do everything possible to sell quickly and at the best price. This type of mandate also enhances the serious image of your property on the market.
On the other hand, the simple mandate offers more freedom and multiplies the distribution channels, but it can create an impression of dispersion and sometimes deter agencies from fully investing.
In summary: if you want a quick and structured sale, opt for exclusivity. If you prioritize freedom and flexibility, the simple mandate remains a good option.
