You can sell your property on your own, through an appointed agent or at an auction. If you decide to use an agent, remember to appoint only licensed agents. When signing the estate agency agreement with the appointed agents, pay attention to the following points:
- Validity period of the agreement;
- Amount of commission and time of payment;
- Whether the agency relationship is a “non-exclusive agency” or “exclusive agency”. In the latter case, the agent may charge you a commission even if the property is not sold through him/her but other estate agents;
- Whether the agent acts only for you or acts for both you and the purchaser. In the latter case, the agent needs to inform both parties of the dual agency and disclose the amount of commission he/she charges the other party.