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With estate agents terms are there just the two types sole agency and multiple agent?

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With estate agents terms are there just the two types sole agency and multiple agent?

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As a rule sole agency involves instructing just one agent to act for you but does not incur a fee if you sell it privately, multiple is the same but you can instruct as many as you like and only pay the selling agent. There is sole selling rights where you pay the agent whether they sell it or not, usually reserved for large or complex transactions.

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