What are types of estate contracts?

Selling a property can be a real challenge, so it is very important to take right course on the start. While looking for a real estate agency, consider the ability to instruct more than one agent. This article offers to familiarize with three basic types of contracts: Sole agency, Joint Sole agency and Multiple agency agreements.

What is the difference between all those contracts?

1.    Sole agency: this type of the contract is the most favorable for an agency. That’s why they may offer you to pay a small commission (between 1 per cent and 2 per cent) in exchange of all existing stole rights. The charge for the Joint Sole agency is always bigger. So everything depends on whether you think you can lean on one particular agent, because you stuck with only those clients, your agent can find. On the other hand, a discount is worth thinking as you can close the deal paying an intermediary thousands of dollars.

2.    Joint sole agency: Some agents agree on working together. In this case, a property is a subject for selling for two different companies on equal terms. Subsequently, they both charge commission, which is usually near to the rate of a Sole agency contract (between 2 percent and 3 percent). It doesn’t matter who eventually sells a house. Such an agreement is often used in marketing in order to make a property seem more exclusive.

3.    Multiple agency: You sign up as many agents as you want. The one who closes the deal with a buyer earns commission. The is one disadvantage of this sort of agreement: commission is supposed to be higher than in other cases (between 2.5 percent and 3 percent). However, you can maximise your profile in the real estate market. The more agencies have your details the more chance to be sold quickly. In addition, the are involved in a competition, so they feel kind of pressure and keen to find a buyer faster.

Note: In case you want to sign a Multiple agency contract, it’s advisable to combine all the documents used for each angle. Any additional information may be saved in various file formats. For this reason, it’s better to merge all the documents and save them in PDF format. Thus, you can easily find any details you need and present them in a second. See how to merge PDF documents on https://www.altomerge.com/.

How do I merge pdf documents into one?

Find an appropriate tool. You may spend your time and money for searching for software, that will work for you the best. Alternatively, use solution available online. You are provided with ability to use merging tools stored on a cloud with no registration and at no cost. It definitely makes a transforming process a breeze. Waste less efforts on operating documents and forget about copying and retyping.

Contact information

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