Types of Sales Mandates in Monaco
Our team of passionate and dedicated professionals at Dameno | Monaco Real Estate is here to support you with diligence and professionalism at every stage of your sales project. We bring all our expertise to highlight your property—whether it’s a pied-à-terre, a luxurious villa, or a family apartment—and guide you from its promotion to the final transaction. Our goal is to maximize its value while ensuring a smooth and friendly experience throughout the process.
By choosing Dameno | Monaco Real Estate, you are prioritizing quality in the sale of your property in Monaco. Our team leverages its expertise and extensive network to ensure a successful transaction.
The sales process follows several essential steps designed to guide you efficiently from the initial consultation to the final decision.
• Property Valuation
Our specialized agents, experts in the Monaco property market and surrounding areas, will visit your home and conduct a detailed inspection, gathering all the key information. We will then provide you with a report based on multiple valuation methods to ensure a fair and accurate estimate aligned with current market trends.
• Sales Mandate
The sales mandate is an agreement that formalizes our collaboration: as the owner, you entrust us with the sale of your property, and we, as real estate professionals, do everything possible to find a buyer under your terms. This contract outlines the identity of the parties, a description of the property, the price, commission, and the duration of our commitment.
Although not mandatory in the Principality of Monaco, we highly recommend it. It frames the relationship, ensures complete transparency, and avoids misunderstandings. Depending on the type of mandate you choose, responsibilities and flexibility differ—but together, we will select the option that best suits your needs.
You can choose between two options:
| Type of Sales Mandate | Definition | + | - |
|---|---|---|---|
| Exclusive Multi-Listed |
The agent appointed by the seller is the only person authorized to manage the sale of the property. All inquiries regarding this property must be addressed to them.
|
Increased financial investment, with a particular focus on dynamic communication from the agent. Dedicated and motivated team, ready to fully commit to your project. A climate of trust that fosters smooth and transparent collaboration, ensuring proper disclosure of information about the property to intermediaries and prospects. A single point of contact for the seller, centralizing all requests and visits while having full mastery of the property details. |
Crucial selection of a single representative. Lack of flexibility for the seller. Prospecting opportunities may be limited. |
| Simple | The seller has the option to entrust the sale of their property to multiple agents simultaneously or to sell it directly. However, only the person who introduced the seller to the buyer and managed the negotiations will be compensated. |
The seller has the freedom to negotiate directly or to use multiple intermediaries of their choice.
|
Reduced control over the sale of the property, leading to risks of inconsistent information between agents and overexposure of the property. Potential for future conflicts between agents. Limited commitment from agents in the process. |