Pros and Cons of exclusive mandates vs open mandates

Giovanni Gaggia, CEO of Real Estate Services South Africa, has shared expert insights into the pros and cons of exclusive and open mandates, offering guidance for property sellers navigating the South African real estate market.

- PROPERTY WRITER

According to Gaggia, exclusive mandates give sellers a powerful advantage by offering dedicated service and a strategic marketing plan tailored to the property.

"With an exclusive mandate, the seller benefits from the agent's full attention and specialised expertise," said Gaggia. "This allows the agent to invest more time, resources, and effort into securing the best possible outcome for the seller."

Exclusive mandates also tend to streamline the sales process. Because only one agent is involved, sellers avoid the stress of managing multiple viewings or conflicting schedules, and buyers are presented with consistent, well-managed information.