Cream-colored old building facade with a mansard roof and red shutters – symbolic image for an exclusive broker listing in real estate sales

This is why an exclusive brokerage agreement is so important!

Some real estate sellers wonder why they are assigning a single agent and opting for only one agent. Broker It is a fact that hiring as many real estate agents as possible does not increase the chances of the property selling. Quite the opposite.

As a rule, a real estate brokerage agreement does not require a specific form of order, so various arrangements are possible, and the engagement of a real estate broker can take various forms. The contract can therefore be concluded both verbally or through so-called tacit (implied) conduct. In principle, various contractual forms are possible.

The free or simple brokerage contract

This contract (also General order called) is characterized by the fact that it brings the contracting parties almost to an absolute standstill. not obligated to take specific action. You only need to have the general duty of loyalty Whether a successful conclusion will be reached depends, of course, on the agent’s efforts. The payment of the commission is also dependent on this. If the agent does not act, this has no consequences for him. Because the Simple real estate contract The contract does not oblige the real estate agent to perform any work. The client can cancel the contract at any time and terminate the cooperation with the real estate agent, unless the contracting parties have agreed otherwise. There is no need to specify a reason for termination; there is also no termination period. Thus, the real estate owner is not bound in any way to the real estate agent and can terminate the contract at any time.

If the agent develops a large initiative and cost-intensive marketing activities, and the property is not sold, then the agent has no claim to a commission. The reimbursement of the costs incurred also does not take place. Simple real estate agent assignment It is of very little value to both contracting parties and involves many disadvantages. It is not effective for either the sale or the rental of a property.

With a general order, several real estate agents being tasked with marketing the property. However, this reduces the chance of a successful conclusion. When the property is marketed by several sellers, buyers are uncertain. This inevitably leads to Concerns regarding the quality of the property. The interested parties are wondering whether the property is so bad that it needs to be offered by several real estate agents. Moreover, the serious intent to sell The real estate owner’s credibility is questioned. Even if the interested parties visit the property and subsequently decide to purchase it, they will be faced with doubts about whether they want to go through the process of signing the notarial deed under such uncertain conditions. Obtaining financing is time-consuming and requires effort. Who knows if another real estate agent will attract more interested parties and therefore the desired contract signing will not take place? Banks also do not like the idea of preparing a loan agreement under such conditions.

Serious and successful real estate agents They will not accept a simple real estate agent assignment at all. Therefore, the owner runs the risk that his property will be sold by unscrupulous sellers. This can also have a very negative effect on the purchase price and other difficulties. Hiring several real estate agents significantly complicates the buyer search and should be absolutely avoided.

Round contact portraits of Katerina and Thomas Rogers side by side

The sole assignment

In a sole mandate (also called a sole agent mandate), the agent is required to perform an intensive and fast-paced task. The client must be able to rely on the fact that the agent will carry out this task. exclusive assignment is aware of the value. This real estate commission creates other obligations for the contracting parties. The purpose of the sole commission is to strengthen the client’s commitment to the real estate agent. The client undertakes to use exclusively (exclusively) the services of the real estate agent in order to sell or rent their property. On the other hand the obligations of the broker towards the client increase. It is customary to agree a deadline for cooperation when a property is sold by a sole agent. In addition to the contract agent, the owner can also: no more real estate agents commissioning with proof and/or mediation of its object.

The real estate agent is required to work intensively and quickly to find a suitable buyer or tenant. A commission claim only arises when a purchase contract is concluded with a notary or a lease agreement is concluded..

Katerina Rogers smiling at her desk with a laptop and notebook in a bright office

Would you like to know the value of your property? Free and without obligation.

Would you like to know the current value of your property? You've come to the right place for informed value assessments. Call us: 089 70065020.

Our property valuation for you:

A high-quality and comprehensive analysis of your property.
Well-founded real estate valuation including market analysis.
Ideal for owners, sellers, and buyers.

FOR EVALUATION

Advantages of a qualified sole agent contract

The Qualified sole contractor provides for sellers, buyers and real estate agents the best solution when it comes to a successful mediation one property goes. The client can rely on a intensive and qualitative high-quality marketing leaving his property and taking advantage of many benefits. The broker’s activities include, for example, Object evaluation, the creation of a sales concept and appropriate advertising measures. The costs for this are borne by the Real estate agent. In addition, the property owner benefits from the whole thing. Expertise, connections and market knowledge of the broker.

The parties regulate all services, obligations and duration in writing. The contract creates Transparent and offers high security for buyers, because the interested parties are not unnecessarily deterred by repeatedly offering the property for sale. If you like the Rental or the Sale of your property If you want to see your project succeed, the qualified sole agent is the right decision.

If you are wondering what you need to consider when hiring a real estate agent, Just contact us! We are happy to be at your service and offer you individual advice. Upon request, we are happy to provide you with a sample contract copy.

Download as PDF

Print page

BACK TO THE REAL ESTATE GUIDE

Your Real Estate Agents
for Munich

Since 2004, we have been assisting property owners with the sale and rental of real estate in the Isar metropolis. As an owner-managed company, we place the utmost importance on personalized advice, transparency, and trust. With our many years of experience, personal commitment, and excellent marketing, we ensure that you achieve the best possible results.

GET TO KNOW US

4.8 / 5.0

Here's how customers rate our work

Great professionalism and constant availability

Now that the sale of my apartment has been completely finalized, I would like to take this opportunity to thank you again for the excellent cooperation with your agency. The marketing of the property, especially the exposé you created, was of a high standard and presented the property optimally. Your agency was characterized by high efficiency, great professionalism, and constant availability. You advised me excellently throughout the entire sale and truly accompanied me until the final formalities. For these reasons, I can only wholeheartedly recommend your agency.

Dr. J. L.

Thanks to Mr. and Mrs. Rogers, we found our dream home :)
The care was, from the first second to the last, very, very friendly, professional, and accommodating. We couldn't have wished for a better collaboration and would like to thank you sincerely! :)

L. B.

We would like to thank Ms. Rogers and Mr. Rogers from the bottom of our hearts for their exceptional support as we searched for our new home. After more than three years of intensive searching and numerous meetings with various real estate agents, we have finally found a team that has impressed us not only with the highest level of professionalism, but also with their warmth and great dedication.

From the very first contact, we were guided through the entire purchasing process with great care, patience, and friendliness. Also worth mentioning is Ms. Kaufmann—a financing expert who was recommended to us by Ms. Rogers. The collaboration between Ms. Rogers, Mr. Rogers, and Ms. Kaufmann played a key role in ensuring that all the formalities went remarkably smoothly and without complications.

Communication was always open, honest, and warm, and the advice was professional and tailored precisely to our needs. Thanks to this support, we were able to make our dream of owning our own home a reality.

We wholeheartedly recommend Rogers Immobilien to anyone looking for real professionals with a human touch. Thank you again sincerely – we will remember you fondly!

M. G.

A fantastic and very honest real estate agency—Mr. and Mrs. Rogers were highly knowledgeable and provided us with the best possible advice and information at every step throughout the several-month process of purchasing an older home. 5 stars—that’s become a rarity in Munich!

P. W.

While searching for an apartment to rent in Munich, we eventually came across a property listed by Mr. and Mrs. Rogers. We have nothing but positive things to say about the entire process, from our initial contact all the way through to the handover of the apartment. Everything went very professionally and smoothly. Mrs. Rogers was always approachable and went out of her way to answer even the smallest questions as quickly as possible and to gather all the requested information. Mr. Rogers organized and conducted the apartment viewing and subsequent handover very carefully and conscientiously. All in all, we were extremely satisfied with our interactions with Mr. and Mrs. Rogers and can highly recommend them!

S.R.

Learn more about our customers' satisfaction HIER