W
WebBoard
Guest
From: Ayesha Todd
I will start off with the scenario, We are selling our house, entered into a exclusive sales agreement with a RE agent for a three month period, they had a possible buyer though finance was shaky and someone came in with a better offer and put a holding deposit down, now in the meantime the sales agreement has expired so there is no contract in place between us the seller and the agency. It now looks like this sale is going to fall through because the buyers are having difficulties exchanging contracts on the place they are selling.
Still with it?
Well the agency says they possible have another buyer for the place but because the agreement between us and them is expired are we still liable to pay them a commission? If so, would it be the full commission or are we in a position to negotiate down?
Also through a bit of networking we may be able to put the current buyers in contact with someone that may be interested in their place but how do I contact the current buyers without involving the agents? Through the solicitors???
Any comments or advice would be great?
I will start off with the scenario, We are selling our house, entered into a exclusive sales agreement with a RE agent for a three month period, they had a possible buyer though finance was shaky and someone came in with a better offer and put a holding deposit down, now in the meantime the sales agreement has expired so there is no contract in place between us the seller and the agency. It now looks like this sale is going to fall through because the buyers are having difficulties exchanging contracts on the place they are selling.
Still with it?
Well the agency says they possible have another buyer for the place but because the agreement between us and them is expired are we still liable to pay them a commission? If so, would it be the full commission or are we in a position to negotiate down?
Also through a bit of networking we may be able to put the current buyers in contact with someone that may be interested in their place but how do I contact the current buyers without involving the agents? Through the solicitors???
Any comments or advice would be great?
Last edited by a moderator: