Luxury Property Search: The Reasons and Advantages of the Search Mandate

If you have specific criteria for your luxury property purchase project, entrusting a search mandate to a specialized agency can be a wise strategy. Let’s break down why this could be beneficial, how the process works, the associated prices, and the benefits it can offer.

1. Why Choose a Search Mandate?

Demanding Criteria:

If your purchasing criteria are particularly demanding, such as specific architectural features or exclusive locations, a search mandate allows you to precisely target your needs.

Time saving :

Offloading the search to professionals saves you time by avoiding browsing through numerous properties that do not match your criteria.

Privileged Access:

Luxury agencies often have access to exclusive properties that are not available on the open market, expanding your options.

2. How does the Search Mandate work?

Needs Assessment:

A first step is to discuss your needs, criteria and preferences in detail with the agent in order to fully understand your expectations.

Active Search:

The agency then launches into an active search, using its network and resources to identify properties matching your criteria.

Presentation of Options:

Once options are identified, the agent presents potential properties to you to gather your impressions and adjust the search accordingly.

3. Rates Associated with the Research Mandate

Research Fees:

Search fees can be set either as a percentage of the purchase price or as a fixed fee, depending on the agency and the complexity of the search.

Contractual Commitment:

A contract generally details the terms of the engagement, including fees and the duration of the research mandate.

4. Advantages of the Research Mandate

Exclusive Properties:

Access exclusive properties that are not on the open market.

Saving Time and Energy:

Save time by letting professionals handle the search, saving you from scrolling through endless ads.

Customizing Options:

A tailor-made search means that each option presented meets your needs specifically.

The search mandate is an effective strategy for those who have specific criteria in their search for luxury property. By delegating this task to experts, you benefit from personalized service, privileged access and time optimization, making your purchasing project a fluid and tailor-made experience.