Selling a property in Luxembourg: advantages of a Qualified Exclusive Contract
Do you want to sell your property in the Grand-Duchy of Luxembourg? Within this growing and complex market, most transactions are carried out via a real estate agency. The real estate experts have the local knowledge and experience to guide you through this sales process.
Through this article, we explain the three major advantages of an exclusive sales mandate. This type of contract frees the owner from all the work and personal investment associated with the transaction: the entire sale process becomes the full responsibility of the agent. For Engel & Völkers, it is also the guarantee of a unique and precise evaluation, a tailor-made marketing strategy and the use of exclusive marketing tools.
A precise evaluation
The signature of an exclusive mandate with a real estate agency is the guarantee of a valuation at the fairest real estate market price. By entrusting your property to an agency, you warn it of a possible devaluation by the fact of being offered to several agencies. Indeed, some agencies could make a lower valuation in order to sell your property first, but at a lower price than the Luxembourg market.
A tailor-made strategy
Having an exclusivity allows the agency to deploy a unique marketing strategy to lead to the sale of your property. Indeed, the signature of such a mandate preserves the exclusivity of your property on the Luxembourg market. The fact that a single agency does not communicate on the sale of a property is often favourable to it. In a buoyant market such as the Grand Duchy of Luxembourg, potential clients may be surprised that a property is marketed by multiple agencies.
Exclusive marketing tools
The exclusive agreement between the two parties guarantees the seller access to all the marketing tools developed by the real estate group in order to lead to the successful sale of your property. The marketing strategy as well as the developed activities are agreed with the client and generally the costs deployed for an exclusive good are much higher.
Do you have a property for sale or want to buy on the Luxembourg market? Consult our pages dedicated to housing in Luxembourg.