Open Vs Exclusive

The first step to selling your property in Costa Rica is getting an accurate appraisal of your properties value.  Because there is no official MLS in Costa Rica it can often be challenging assess values and understand market conditions.  That’s where our team can help you.  With a thorough analysis of comparable properties, along with sold comps and evaluations of current market conditions, we have the resources and knowledge to help accuately appraise the value of your property.

If you would like a property appraisal or contact us here.

Selling your property in Costa Rica is very similar to selling a property in North America.  There are basically two types of listing agreements used in Costa Rica.

Exclusive Listing Agreement
Much like in North America the traditional exclusive listing agreement is one in which a seller signs a listing agreement with one agent/office who then manages and markets your property. We find this to be the most effective way to sell property in Costa Rica for the following reasons:

  • Allows for sellers to deal with just one realtor, instead of multiple people.
  • Better control of who is marketing and handling your listing.
  • Better customer service and accountability.

Open Listing Agreement
Some owners do choose an open listing in which no specific agent is managing the listing and it is simply open to allow any agent to market and sell at their discretion.  This can sometimes get a bit complicated, especially when it comes to showing and marketing your property, as the seller then is responsible of communicating and scheduling with multiple different people.  Open listings do not receive the same dedication and investment by agents/offices as exclusive agreements and for that reasons typically sit on the market much longer.

The key with selling your property in Costa Rica is understanding the value of your property, the market conditions and working with the right person who has the ability and expertise to market your property appropriately.

Still have questions about which listing agreement is right for you?

Use the form below and we will have an agent contact you to discuss whether a Open Listing or Exclusive Listing is best for your needs.

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