The Benefits of a Sole Mandate with Leapfrog
Category Blog
Welcome to Leapfrog Property Group. Established in 2007, our aim is to offer an innovative approach to real estate; buying, selling, renting and property investments – ensuring the best property deals for clients across South Africa.
There is often confusion surrounding the term ‘sole mandate’. People tend to query the suggestion that they should work with only one agency and not spread the option through several agents, assuming they might get a quicker sale or a higher price for their home by doing so. There are several good reasons to appoint one dedicated agent when selling your property.
Why a sole mandate is best
- Firstly, there is continuity in the relationship. The agent will get to know you and your home and your sale requirements thoroughly. If an agent knows he or she has sole mandate, it confirms and clarifies a partnership. In other words, the agent benefits by not having too many houses on offer at the same time.
- Agreeing to a sole mandate means you will not be pestered by agents vying for your time. You can relax and leave everything in capable hands. All buyers will be pre-qualified and only be shown the house at appointed times agreed to by yourself.
- Security is greater with only one set of keys handed to an agent if times for viewing have to be arranged when you are not present. With several agents working at the same time, this would become difficult and stressful if you lose track of who has your keys to your house at any given time.
- As a sole mandate’s time limit is arranged by negotiation with the seller, the agent knows he or she has to put in the work and the hours to ensure success. There is no time for a lackadaisical or disinterested approach. The agent has a direct responsibility to you, and to his own profile, and therefore will work consistently on your sale.
- When an agency has a sole mandate, it means they are able to spend more time and money on marketing and advertising your property. This works to your benefit by giving you a much broader scope for potential sales than offering the project to several agencies at the same time.
- Without a sole mandate, you could find that agents will compete with each other to try and sell as quickly as possible, lowering your price to achieve their aims. A sole mandate means that the agent will work to ensure the best price possible, and will not be angling for a quick buck.
- From a fair and realistic price assessment, to keeping in contact with all potential buyers and their bids, a sole mandate is the smart choice. In this way, you will be fully and properly advised on all offers.
What’s so special about Leapfrog?
As South Africa’s first empowered residential real estate group, underpinned by sound credentials and serious financial resources, we are geared to shake-up the predominantly family-owned real estate agency industry in South Africa. How are we going to do this?
- By having top performing agents out there, with the best expertise possible in the industry, and drawn from all walks of South African life.
- Agents motivated by radically improved earning potential over the current industry status quo, as well as financial security in the long term – a critical factor sorely lacking in the industry for far too long.
- By offering our agents the opportunity to build their own wealth, we ensure a strong, focused, dedicated and success-driven team.
- We also invest in top training for our agents, together with continual upgrading and incentives unparalleled in the industry.
- All of this, and more, when you agree to a sole mandate with Leapfrog, leading to best price within the shortest possible time and the least hassle; courtesy, personal attention, sound advice and steady hand to help you on one of the most exciting, if not emotional, journeys you can make.
The Leapfrog Property Group
Leapfrog Property Group offers a fresh and innovative approach to buying, selling, renting and property investments, ensuring the best property deals for clients across South Africa. Our agents are qualified, trained, experienced; our approach bold and spirited, driven by heart, generosity and honesty. It is our mission to advise, eliminate obstacles and save you unnecessary expense. Trust is our watchword. And value our motto. Armed with our combined credentials, we are the bright face of excellence in the South African market.
Find us at: www.leapfrog.co.za
Author: Leapfrog
