Listing with a property estate agent in Malaysia
Your success is our success
At PEN PROPERTIES the power and global reach of the internet allows you to show your property any time of day or night. Our experience and our high networks contacts are all at your disposal working for you. We have a ready database of potential buyers and investors. List your property with us and Invite the World to your Front Door. We have one of the most comprehensive Properties in Malaysia listings online with a huge selection of properties in Penang Malaysia. If it is for sale or rent, you will probably find it listed here 3,000 Malaysian properties photos !.. Listing with us is easy. Sit back in your home or office, fill in our property listing form and we'll work on it. Our property agents spend a lot of time updating and sourcing the real estate market to better provide the right customer for your property. Read our Testimonials and see the comments from our satisfied clients.
How Long Will It Take To Sell Your Home?
In today's ever fluctuating market the average time to sell homes does vary from month to month. However to give you a rough idea of how long your home could take to sell.
Percentage of Homes Sold Within:
1 Month 26%
2 Months 17%
3 Months 20%
4 Months 11%
5 Months 10%
6 Months 7%
Above 7 Months 9%
If your property isn't sold within 60 days, a price adjustment is recommend.
TYPES OF AGENCY LISTING
i) EXCLUSIVE AGENCY – This refers to the instruction from a principal to a single estate
agent to act on his behalf. The principal may make introductions but will leave the closing of the
transaction to the estate agent. The principal must pay the appointed estate agent the agreed fee even if
the estate agent was not the effective cause of the transaction.
ii) SOLE AGENCY – Just as in exclusive agency,
a single estate agent is engaged. The principal
may, however, wish to reserve the right to close deals himself and is not obligated to pay the agent his fee
in addition to making introductions or an arrangement may be made for a discount in fees where the
principal plays an active role.
iii) SOLE JOINT AGENCY - This is a variation
of the Sole Agency. The estate agent works
together with the principal as a team and the fee is divided on a pre-agreed formula. The principal has the
flexibility to compensate additional estate agents and at the same time maintain the advantage of having
one estate in control.
iv) JOINT AGENCY – This is where more than one
estate agent is appointed and only the
estate agent who closes the deals gets paid. The number of agents appointed is limited and each is aware
of the appointment of the others.
v) AD HOC BASIS OR COMMONLY REFERRED TO AS
OPEN LISTING – In this case,
the principal can engage an unlimited number of estate agents on an adhoc basis and fees are paid only on
successful conclusion of the estate agency transaction.
Steps for helping your house to sell quickly!
Steps for letting out your house quickly!
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PROPERTIES IN MALAYISA PENANG
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