Demanding times call for Dual Mandates
When demanding times come calling, extraordinary measures are employed by property practitioners. Where a seller opts for an Open Mandate to find a buyer quicker, it is often a buyer who is likely to be under qualified and who will offer a purchase price substantially below what the seller is asking.
Quick action from the property practitioner may avoid this scenario by offering the seller a different mandate agreement they can enter into, namely a Dual Mandate. Click HERE to watch the video for the benefits of Dual Mandates:
The TPN SalesPack has been updated with a newly drafted Dual Sole and Exclusive Mandate specifically to assist with a quicker sale for the property owner and to offer the property practitioner an increased opportunity to earn commission, while maintaining exclusivity.
Vacancy Survey 2023 Q3
The demand for residential rental property remains strong. Vacancies have declined nationally to 6.76% in the third quarter of 2023, the lowest since 2017. Despite a constrained economy, tenants have continued to meet their rental obligations with te…