Many Real Estate Agencies seem to feel the non-exclusive contract is to their benefit. It allows them, after all, to work with other agencies and freelance all they want on their own with no connection to the agency they have the non-exclusive contract with. For many, this may actually be a benefit. There is certainly nothing wrong with it and often times, for an agency, it is how they prefer to start out new investment opportunity. This creates a sort of "trial-period" under which both the future property and the agency may evaluate one another's relationship together.
A Real Estate agency who intends to invest a great deal of time and money in you will want to ensure that their investment is protected. This is business, even when the agent and the presumed property are the dearest of friends. Bills must usually be paid and overhead costs met. A Real Estate Agency, quite honestly, has a hard time making ends if they are not working hard all day long, every day, seven days a week. The payoff, of course, is when you find and develop (or sign) a major property contract agreement. At that point, for instance, a 6% commission off a property sale is divided in two by both Real Estate agencies. Furthermore, the contract that pays off can make an agency very comfortable financially/contract based.
In a "non-exclusive" contract, a future property investment is under less guidance and the agency may submit them, but generally is not breaking a major sweat to push them with a huge investment of time or resources. Just so this does not sound so bad, however, let me say that this does not imply the agency does not work hard for that property. A good agency will treat everyone equal and present all potential investment property opportunities to their potential clients, regardless of a signed contract type agreement.
In an "exclusive" contract, the agency has more control over decisions and in the meeting of specific ... read more >>> at: http://www.immobil4u.eu/exclussive.html |
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