What does 'Multiple Agency' mean when buying a property?
Find out what Multiple Agency means when you are buying a property. 'What does Multiple Agency mean?' plus over 150 other property related terms and jargon in plain English
When a property is on the market with more than one estate agent it is referred to as multiple agency.
The term is usually of more relevance to the vendor because most agents will charge a higher fee if another agent is also instructed. They have one fee for 'Sole Agency' and a higher fee for 'Multiple Agency'.
When the property is on the market with two agents it is occasionally referred to as 'Joint Sole Agency'.
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