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Myths about exclusive property listing: why it is better to let a single agency manage the sale of your property

You may be thinking about selling your house soon to buy a new one in order to improve your living conditions. If this is the case, surely you are thinking of appointing someone who is trustworthy enough to be in charge of carrying out the task for you. You must make the decision on whether you want one or several agencies to list your property for sale. You have probably heard many opinions about the latter, but here we are going to debunk the myths of listing your property exclusively through one agency. There are many myths that are far from the truth as per the following: 

First myth: if I list my house for sale through several agencies I will have a better chance of selling it 

If you do this, the only thing you will realise is that no real estate agency will be fully committed to selling your property. Just put yourself in their position; you would not want to spend your time and your efforts on trying to sell the property as you do not know whether you will succeed because of the competition with other agencies. 

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Second myth: competition will help make the property sell faster 

Although it seems hard to believe, in the real estate sector, collaboration is more common than competition. This is mainly due to the fact that with the first we all win, while with the second, the owner wins. Relying on a single exclusive agency will be much easier to find the right buyer. 


Third myth: if I list my property exclusively I won't be able to sell it myself 

It is true. Agencies usually impose exclusivity sale contracts with the owner. However, selling it yourself will not be the solution. Keep in mind that, in general, the management fees are paid by the seller and the agency is responsible for carrying out all the procedures from listing the property to the date of signature on the contract. In fact, you will always get the advice of a qualified professional when you need it and an experienced company that will help you obtain the best price.

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Fourth myth: if you sign up with an agency you will be tied down to their contract 

Completely false. Keep in mind that when an agency has an exclusive property to list, it puts all its efforts into selling it at the best price as quickly as possible. At the end of the day, the less time you have to work with us to achieve the sale, the more you will gain. Also, if at any time you feel that you are restricted or tied down to the contract, it is probably because you have chosen the wrong agent. 

Having said all that, on behalf of Engel & Völkers, the leading European real estate agency in the luxury and high 'standing' sector, we want to invite you to put your property for sale exclusively through us. If you do, you can count on the services of an experienced agent who will advise you and help you throughout the process. In addition, since we operate globally and have a large client base, you can be sure that we will find the right buyer in a very short time no matter where you are.

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