Why you should hand over the property to sell with exclusive rights?
Exclusive Right to Sell AgreementThis agreement gives a single real estate agent and their brokerage the sole authority to market and sell a property
Key features include:Guaranteed commission for the agent if the property sells during the contract period, even if they didn't find the buyer
The seller cannot engage with any other agent or broker to sell the property
The agreement is typically for a specific duration
Benefits and ConsiderationsFor Agents: Provides job security and motivation to work diligently to sell the property
For Sellers: Often required by successful and established agents, potentially leading to better service
Caution: Sellers should carefully review terms before signing, as it limits their flexibility