By this agreement, the seller undertakes not to provide data to the third parties within the agreed time limit, and if it happens to sell the real estate through another broker or directly, he is obliged to pay to the agency with which he has signed the commission fee. Therefore, the seller who signs it has a better treatment than the sellers who are selling their real estate, trusted a larger number of agencies at the same time.
Real estate with exclusive contracts is always advertised in the so-called. So, “top” or “premium” ads can easily be spotted. Also – it is possible to talk about the amount (reduction) of the commission and therefore always have to talk with the intermediary on this subject because the exclusive does indeed provide a special status.
On the other hand, there is another, for sellers, a very important reason for signing the Exclusive Advocacy Contract, which is to achieve the highest possible price.
