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Exclusive Agency Agreement

Exclusive agency agreements are often referred to in the sale of residential property.

In this agreement, exclusive rights are given to the one agent to sell your property. Under an exclusive agency agreement, even if you or another agent sells the property, the agent with exclusivity will still earn the commission.

This differs slightly from a sole agency agreement, which entitles the original agent the commission even if another agent sells the property but not if the property is sold through the owner.

It’s important to understand the difference between the two because this could result in thousands of dollars out of your pocket.

Of course smart sellers use a vendor’s advocate such as the team at Metropole Property Strategists  to chose the best agent and the best method to sell their homes

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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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