What are the different types of agency listings?
Agency Types
- General Agency
- Sole or Exclusive Agency
- Sale by Auction
General Agency
Is an arrangement to sell your property with usually two or more Real Estate agents. Potential therefore is of an extended buyer pool and an opportunity to sell privately.It is likely however, your property will not receive the marketing exposure, or focus it needs, by anyone of the agencies involved on account of the fact that at any point in time the property might be sold by another agency, or in fact by yourself.
CITY SALES LTD DOES NOT ACCEPT GENERAL AGENCY
Sole or Exclusive Agency
An exclusive contract with a single Real Estate agent for a specific period to market and sell your property on your behalf. Under a sole agency the agent is obligated to expose your apartment to the company’s collaborative sales force, extensive buyer pool, and extended media reach. A Sole Agency with City Sales receives the intense attention of a Sales Director, Sales Manager and Personal Assistant, currently over 30 sales staff and a backup Admin/Database operators/IT engineers of 14.Sale by Auction
Sale by Auction is the most aggressive way to position your investment. City Sales has developed a particular style of apartment auction which colleague agents have generously described as “the best show in town”. Auctions are performed in our new Auction Rooms, Hopetoun Alpha, an original Greek church now a function centre, and the hustle and bustle generated tends to calm those frayed nerves evident in a sterile auction room.The results are often a jovial atmosphere and a willingness to bid from "lookers" who are often too intimidated to buy at auction. Many sales are reached from buyers who trust us and have never viewed the property.
