One of the most popular ways to sell an apartment is through a real estate agency. If you know this method, you will also have heard of the real estate exclusivity contract. We talked about it in today’s article, so if you want to know more about how it works and the breach of the real estate exclusivity contract , continue reading! How much is my house worth? Carry out a free online valuation of your home in a few minutes RATE FREE HOUSING What is a real estate exclusivity contract? The real estate exclusivity contract is a document by which the client who wants to sell his house lends the sales rights to a real estate agency.
How to terminate a real estate exclusivity contract?
In some cases there may be negative experiences that generate a certain distrust towards exclusivity, a factor that ends with the breach of the contract with the real estate agency . However, before having to go through a situation like this, it is advisable to pay attention to all the details and key points of the contract before signing it. This way you will save yourself the Afghanistan Phone Number List trouble later. Consequences of non-compliance with the real estate exclusivity contract So what happens when the contract is breached? If you sell your home through another real estate agency or individual .
Are exclusivity contracts legal?
There are many users who wonder if the exclusivity contract is really legal and can be carried out. The simple answer is yes , there is jurisprudence in the real estate exclusivity contract. In fact, when the contract is signed, it implies: The seller grants exclusivity to the real estate agency. The real estate Austria phone number database agency is responsible for promoting the home and the sale in the shortest possible time. The seller cannot sell his property elsewhere or through any other means. The agency charges a commission if you sell the apartment. The duration of the contract and extensions.