Exclusive contract

Open contract – it doesn’t work

1. When you have signed 5 contracts with different real estate agencies, you think that you have done your best, because apart from you, they are all working hard and the transaction will be concluded in a moment. However, you don’t know about some very important details that make it exactly the opposite.
2. None of them provides the exact location of your apartment, because it will make it easier for a potential buyer to find you directly.
3. There are no detailed photos showing the area.
4. The promotion is carried out at the lowest possible cost, because why invest if someone else can sell it
5. Not all agencies make the offer of your apartment available to other agencies. In practice, it works in such a way that even if a really interested client were found, they may not be able to see your apartment, because then “your” agent would have to share the remuneration with another agency.
6. Once you find a “direct” client who also pays the agent a commission, forget about taking your side during negotiations. Then the only thing that matters is closing the sale quickly, no matter at what price, and you will be convinced to lower your requirements.
7. And finally, if the same buyer looked at your apartment twice, with different agencies, because, for example, one offer was slightly cheaper, when the contract is finalized, both agencies may demand their remuneration for associating the parties.

Exclusivity – it really works!