Property Terms Defined - Mandates


A mandate means written authority given by a seller to areal estate agency, in order to instruct them officially to sell their property.There are a few different types of mandates and we explain the four most commonly used ones here below:

  • OPEN MANDATE: Any agency may market and sell your property on a first come, first serve basis.

  • DUAL MANDATE: Only 2 agencies are allowed to market and sell your property.

  • SHARED MANDATE: More than 2 agencies are allowed to market and sell your property exclusively.

  • EXCLUSIVE MANDATE: One agency has the exclusive rights to the marketing and selling of your property.

Cape Town - Property Mandate Negotiations.jpg

Engel & Völkers

Cape Town
Shop 6B, Centurion Lifestyle Centre, Centurion
0157 Cape Town
South Africa
0860 22 77 77

To the shop

Offer A Property

Yes, I would like to have my property valued by Engel & Völkers free of charge and with no obligation.

    [EUNDV] => Array
            [67d842e2b887a402186a2820b1713d693dd854a5_csrf_offer-form] => MTM5MjE5NzU3NkJ4d29xancwTDVhZWFIRzEycXAxcW9SdElHdVBqMTdV
            [67d842e2b887a402186a2820b1713d693dd854a5_csrf_contact-form] => MTM5MjE5NzU3NnlHcUR0Y2VlTXVPUndLMHZkMW9zMnRmRlgxaUcwaFVG