Ep113. Is it better to have only 1 agent selling my home, or would multiple agents be better?
Vanessa has asked the question "Is it better to appoint only 1 agent to sell my home, or would 2 or 3 have a wider reach?". A very good question and one we get asked quite often. Where you appoint only one agent, that is called an 'exclusive listing' and multiple agents is called an 'open listing'. Where you appoint an exclusive agent, then that one agent is solely responsible for the marketing and sale of your home, whereas with an open listing no one is responsible. The responsibility falls back on the home seller. The vast majority of homes on the market are exclusively listed with only one agent, and the statistic have proven that on average they sell for a higher price and in a shorter period of time. Some sellers are scared of exclusively listing because if that agent is not doing a very good job then their hands are tied and they can't swap agents. A good agent will be happy to provide you with a service guarantee that should eliminate this objection and give you piece of mind. www.brendanhoman.com.au
