MAKES SENSE FOR THE SELLER
1. It generally results in a higher selling price. When the agent feels that his time and money investment is relatively safe, he will take his time to negotiate or turn down offers as he deems appropriate.
2. It allows the agent to invest more in advertising. When you grant the agent an exclusive listing agreement, the agent can invest more in advertising as his investment will be relatively safe. Otherwise, he will rather invest his money somewhere else.
3. It gets more agents to work for the seller. With an exclusive listing agreement you are giving the agent the freedom to share your listing with as many agents as possible. Your property actually has more – not less – exposure with an exclusive agreement!
4. It keeps you better informed. The agent will be committed to providing you a first class service and to keep you better informed throughout the steps of the transaction. Information is power, and you should have as much information as possible!