Selling guide

Sole agency vs general agency agreements: pros and cons

Do you want one dedicated agent, or many potential avenues to sell?

Al Hall
Last updated: 18 December 2024 | 4 min read
AI

AI summary

When selling your home, you'll choose between a sole agency agreement and a general agency agreement. A sole agreement gives one agency exclusive rights, providing a dedicated agent and simpler communication. The main drawback is potentially reaching fewer buyers.

A general agency agreement allows multiple agencies to market your property, increasing its exposure. However, this can result in less motivated agents and more administrative work. Always seek legal advice before signing this legally binding contract.

What is an agency agreement, and what should it contain?

You need to read and understand every element of your agency agreement.

What’s the difference between a sole agency and general agency agreement?

The pros and cons of sole vs. general agency agreements

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Author

Al Hall Al Hall
Content Writer