- Exclusive Listing – This is where the sale of a property is in the hands of one agent. This method is advantageous, as you will have one agent who is dedicated to the sale of your home and avoids the potential confusion of liaising with multiple agents. This method may also save you time and money, as you will not have to pay marketing and advertising costs to multiple agencies.
- Open Listing – This is where the sale of a property is in the hands of more than one agent.
- Auction – Auction is an exclusive listing where the property is put on the market without a listed selling price. Public bidding at a pre-scheduled day and time determines price.
All agents must be appointed to act in writing using a Property Occupations Form 6 – Appointment and reappointment of a property agent, resident letting agent or property auctioneer. This form is signed by you and the agent and legally sets out the terms of your agreement.
Your Open Home
Your Price Achieved
This document has been prepared as a guide only and is subject to change at any time. This guide should not be considered professional advice or a substitute for professional advice. You should always consider seeking independent legal, accounting and financial advice before entering into an agreement or arrangement in respect of real property. A failure to seek appropriate advice may result in unforeseen legal or financial consequences. The authors of this guide and their agents accept no liability whatsoever for any inaccuracies or errors contained in this guide, which the authors confirm has not been prepared to take into account any person’s financial circumstances, situation or objectives.