Asked by
Hi Property Guru, I've a unit to rent out. I understand that most property agent would prefer to be appointed as an exclusive agent to manage the renting. Is there agent do not need to be exclusive but still can performance as well too? If I open to all agent would it be more effective? Thanks
0
2210 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

6 Answers

Hi Michael..rental is in my blood..there are advantages and disadvantages of appointing someone to be your exclusive agent or not,..but on top of all,..getting an exclusive agent would be the best way to market your property,..reason:an exclusive agent knows that he/she is the only one marketing,so hec can concentrate more time on marketing your property...do call me for more enquiries on the advantages/disadvantages or any other enquiries,...hope to hear from you soon.thanks.

sani faisal
Propnex
 90680464  Read More
0
Hi Michael,

You can actually rent out the apartment by your own. However, you may not have time to do this as you will be very busy with other things rather than spending too much time entertaining call enquiries or agents phone call.

Thus looking for an exclusive agent who is committed in marketing your property should be what you are looking for.

Please kindly give me a call for a no-obligation discussion @ 9027-6142  / kenlim09@gmail.com

Regards,
Ken Lim Read More
0
We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Read More
1
Hi,

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More
1
Mani Subramanian Veeramani
Hi there,

- Great question! While many agents prefer exclusive agreements, there are non-exclusive agents who perform exceptionally well too.
- Exclusive agents often put in more effort because they know they have guaranteed representation and are motivated to close the deal quickly.
- However, non-exclusive agents can also be very effective, especially if they have a broad network and good marketing strategies.
- Opening up your property to all agents can potentially increase exposure, but it might also lead to less focused efforts from individual agents.
- It's all about finding the right agent who understands your needs and can deliver results, whether exclusive or not.

Thank you.

Family realtor solved 1000+ property problems,
- Mani Subramanian Veeramani
Social Media Tags: @AskRealtorMani #AskRealtorMani /AskRealtorMani
https://wa.me/6583004411
Top 1% Real Estate Voice LinkedIn Singapore
https://www.linkedin.com/in/AskRealtorMani/
PS: Here is the list of Below Market Value Properties
https://linktr.ee/AskRealtorMani Read More
1
Certainly! When it comes to engaging property agents for renting out your unit, you have a few options:

1. **Exclusive Agent**:
- An exclusive agent has sole rights to market and lease your property. They'll work diligently to find tenants and handle all aspects of the rental process.
- Pros: Focused attention, consistent marketing, and streamlined communication.
- Cons: If the agent doesn't perform well, you're committed to them for the exclusive period.

2. **Non-Exclusive Agents (Open Listing)**:
- You can engage multiple non-exclusive agents (open listing). Each agent markets your property independently.
- Pros: Broader exposure, as multiple agents reach different networks.
- Cons: Coordination challenges, potential duplication of efforts, and less accountability.

3. **Hybrid Approach**:
- Some owners choose a hybrid approach. They appoint one exclusive agent and allow other agents to bring potential tenants.
- Pros: Balance between exclusivity and wider reach.
- Cons: Requires clear communication and coordination among agents.

4. **Effectiveness**:
- The effectiveness depends on factors like location, demand, and property type.
- Exclusive agents may be more motivated, but open listings can attract diverse leads.
- Consider your property's uniqueness and market conditions.

Remember to:
- **Set Clear Terms**: Whether exclusive or non-exclusive, define terms in the agency agreement.
- **Evaluate Performance**: Regularly assess the agent's efforts and tenant leads.
- **Market Wisely**: Use online platforms, social media, and property portals to maximize exposure.

Feel free to consult with agents and choose an approach that aligns with your goals. Best of luck with renting out your unit!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : )

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions