Hi folks,
I signed an agency agreement about 2 weeks ago (well, my mum did, with POA from me) to sell some land. We agreed that we wouldn't start the advertising campaign until next year.
Now it looks like my mum has found a buyer (one of her friends).
I know it's probably within the agent's rights to insist on the whole commission being paid, but is it common practice to negotiate in a situation like this? Or would it be poor form?
The agent hasn't had to do too much yet, hasn't spent any money on advertising, etc. He did take one potential buyer that he had on his books out to look at the land (they didn't like it).
Anyone here negotiated commission after signing an agency agreement?
Cheers, Luce
I signed an agency agreement about 2 weeks ago (well, my mum did, with POA from me) to sell some land. We agreed that we wouldn't start the advertising campaign until next year.
Now it looks like my mum has found a buyer (one of her friends).
I know it's probably within the agent's rights to insist on the whole commission being paid, but is it common practice to negotiate in a situation like this? Or would it be poor form?
The agent hasn't had to do too much yet, hasn't spent any money on advertising, etc. He did take one potential buyer that he had on his books out to look at the land (they didn't like it).
Anyone here negotiated commission after signing an agency agreement?
Cheers, Luce