Single Party Showing Agreement: Explained
What is a Single Party Showing Agreement?
Unlike the traditional real estate industry model, sellers on the Aalto's Direct Marketplace are able to target a very specific buyer pool on a flexible timeline. Sellers open their home to tours with buyers that are pre-qualified or pre-approved.
Unlike traditional brokerages that use a longterm listing agreement, Aalto utilizes a single party showing agreement.
This 2-page agreement outlines the buyer names and the fee structure for the transaction. If multiple qualified buyers want to tour your home, a single party showing agreement is in place for each of the potential buyers.
Single party showing agreements are available for all brokerages and agents to use, but in the traditional model most agents and brokerages want a commitment and a signed long-term agreement at the beginning of the listing process.
We have found that sellers often have a difficult time canceling these traditional listing agreements if they decide not to sell or are unhappy with their agent and want to make a change.
At Aalto we know that it only takes one buyer to buy a house. Sellers don’t need the traditional model of a multiple offer system in order to receive the best offer for their home.
A single party showing agreement expedites the sales process with clear and concise terms, so that when there is a fit between a seller and a buyer the parties involved can move into contract with a more streamlined, stress-free experience.
The result is a more efficient transaction that prioritizes the consumer versus the real estate agent, which is very rare in this industry.
If you have any specific questions please share them with us at firstname.lastname@example.org. We’d love to hear from you, and we’re here to help!
Aalto is a real estate broker licensed by the State of California, License #02062727 and abides by Equal Housing Opportunity laws. This article has been prepared solely for information purposes only. The information herein is based on information generally available to the public and/or from sources believed to be reliable. No representation or warranty can be given with respect to the accuracy of the information. Aalto disclaims any and all liability relating to this article.