📋 Exclusive vs Open Listings: What’s Best for Commercial Sales?
Markaz
Last Update 3 days ago
When listing property through a broker, you’ll choose between:
Exclusive Listing:
You authorize only one broker to market your property.
Pros: Focused effort, confidentiality, better control.
Cons: Limited exposure if the broker is not proactive.
Open Listing:
Multiple brokers can market your property simultaneously.
Pros: Broader reach, multiple offers.
Cons: Risk of inconsistent pricing and misinformation.
Best Practice: Use an exclusive listing with a performance clause (e.g., if no leads in 30 days, you can switch brokers).