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Is a 6-month exclusive contract too long? The answer lies in...

Apr 24
Is a 6-Month Exclusive Contract Too Long? The Answer is in the Price | Proview Living
Article · Exclusive Agent

Is a 6-Month Exclusive Contract
Too Long? The Answer is in the "Price"

If the price is in line with the market, a 6-month contract will feel very short. But if the price is too high for the market, even 12 months won't be enough.

Many people see a 6-month or 12-month contract and feel that it's too long, isn't it? Jen understands that feeling well. But today, I'd like to invite you to look at it from a new perspective.

The truth is, the contract duration isn't the problem. It's the "price" that determines whether your contract will feel long or short.

If the price is in line with the market, a 6-month contract will feel short.
If the price is higher than the market, even 12 months won't be enough.

When the Price is Right, the Contract is Automatically Short

For properties with a market-aligned price, good location, and ready condition, Proview Living can close deals within 3 weeks to 2 months.

This means that a 6-month contract is used for only a short period. Money comes in quickly, allowing for quick progression, and no one feels the contract is long. Everything is done before you even realize it.

Factors that make a property sell quickly:
Price aligns with the market · Easy access location · Ready to move in or requires minimal renovation · Marketing covers the target buyers

When the Price is Higher than the Market, Even 12 Months Isn't Enough

But if the price is higher than the market, no matter how much promotion is done, real customers will compare prices. They know if the price is too high and won't wait.

After 6 or 8 months, the property still hasn't sold, and the contract needs to be extended. That's when it feels long. But it's not the fault of the contract duration at all.

Scenario 1
Price in line with the market
  • Real buyers show immediate interest
  • Deal closes in 3 weeks – 2 months
  • Quick cash inflow, quick progression
  • 6-month contract feels very short
6-month contract, effectively used only 1-2 months
Scenario 2
Price higher than the market
  • Customers compare prices and don't commit
  • Waits 6-8 months, still no close
  • Good customers have gone to buy other properties
  • Ultimately, the price still needs to be reduced
12 months isn't enough, contract needs extension

The Property Owner Truly Determines the Timeline

To be frank, the time it takes for a property to sell is in the hands of the property owner, not the agent, and not the contract duration.

1
Set a market-aligned price
The appropriate price is one that captures the interest of real buyers, rather than setting it high initially and then reducing it, because the best customers will disappear early on.
2
Allow the agent to work effectively
Proview Living invests upfront in every case, including photography, video, advertising, and continuous content creation. If the price aligns with the market, these efforts will yield results very quickly.
3
Receive money, progress quickly
Faster money means more opportunities for progression, whether it's buying a new plot, further investment, or saving. Time is an invisible cost.

Summary Comparison

Situation Actual Selling Time Contract Perception
Good price + Good location + Good condition 3 weeks – 2 months Sells Fast 6-month contract feels short
Good price + Good location + Needs some renovation 2 – 4 months Sells Well 6-month contract is just right
Price 5-10% higher than market 4 – 8 months Slow 6-month contract feels long
Price more than 10% higher than market 8 months or more, or doesn't sell Stagnant Property 12 months isn't enough
In short:
The appropriate contract duration isn't about agents wanting a longer term, but about having enough time to genuinely get results for your property. And if the price aligns with the market, you'll never feel the contract is long.
Jen
Property Reviewer · Proview Living
Reviews and analyzes real estate in Surat Thani and nearby areas, focusing on straightforward information to help property owners and buyers make confident decisions. We don't compete on quotas — we work to close deals and complete property transfers.

Want to know how much
your property should be priced at?

The Proview Living team is ready to provide an initial market price assessment, offer advice before you decide to list, and handle every step until the property transfer is complete.

Chat on LINE OA now
LINE: @proviewliving  |  Tel: 095-659-2656
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