News1 min ago
Estate agents "contract" with vendor
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Is a 12 week "contract" issued by an estate agent designed to keep a vendor tied to them (sole representation) worth the paper it's written on? also have they got the right to claim commision from you if the property is sold by a rival agent?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Unless they "default" on the agreement. I cancelled a 12 week "contract" with an estate agent 6 weeks in. I wasn't getting many buyers through the door and when i questioned it they told me no one was interested and that it has been "very quiet". I got a couple of my friends to ring up and pretend to be a potential buyer without specifically mentioning my house, just the locality. My house was not offered once. Needless to say i was on the phone straight away and dispensed with their services.