It happens more often than you might think. You give an estate agent sole selling rights over your house for a period, the property does not sell and you change agents at the end of the period. What happens if the eventual buyer first saw the house through the first agents?
The first estate agent might well have a claim against you for commission. Look carefully at the terms of the sole selling rights. Sometimes they provide that commission is still due in these circumstances or if the first agent was the effective cause of the introduction
You need to look at the terms of the second agent, because you may well find that you have to pay them commission too!
Labels: Estate agent commission sole selling rights
# posted by michael @ 08:34