We're just considering which agency to sell our house with and the front runner has sent through T&C's some of which seem unreasonable to me ....
- ‘Introduced’ – for the purposes of this contract means that a buyer viewed the property through us. Such introduction is deemed to be effective in terms of introducing a buyer to the property and the eventual purchase for a minimum period of six months after the termination of this contract. To avoid any potential liability for two fees in the future you should contact us immediately if any buyer already introduced by us revisits the property through another estate agent.
Er, they're doing the viewings, so if we do later end up with another agent, how am I supposed to know whether a visitor was originally introduced by them or not? And even if I know they were, and tell them, surely the new agent is still going to want their fee too?
-We reserve the right to charge a nominal withdrawal fee of 10% (of the fee illustrated in £’s opposite) if the property is withdrawn from the market during the term of this contract and/or if an offer of the asking price from a ready, willing and able purchaser is declined. A purchaser is a ready, willing and able purchaser if he or she is prepared and is able to exchange unconditional contracts for the purchase of your property. You will be liable to pay a withdrawal fee to us if such a purchaser is introduced by us in accordance with your instructions and this must be paid if you withdraw the property, irrespective of your reasons.
So if someone makes me an offer and I don't want to accept it, I have to pay them their commission anyway?
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To think these Estate Agency T&C's are unreasonable ...
8 replies
spiderlings · 09/03/2017 17:46
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