What is a simple mandate?
A simple mandate is a sales mandate that allows the seller to sell his property by himself but also to call on several agencies if he wishes. It is also called a non-exclusive mandate.
What are the advantages and disadvantages of a simple mandate?
By opting for a simple mandate the seller will benefit from the expertise of the estate agents in charge of the sale. In addition, the property will benefit from high visibility.
However, by entrusting a property to several agencies, it is possible that it will suffer from overexposure.
Also, if several advertisements indicate a different price, this may have a negative impact on the perception of potential buyers. They will be more inclined to negotiate the price of the property.
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Kevin Golub
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