I want to sell some garden, neighbours would like to buy it. They approached us, we put land on with agents, they approached agents with a low offer. Agents reduced price online without our agreement, we put in writing to them they didn't have our agreement, after a week they still hadn't put it back at agreed advertised price so we terminated contract with them. Several months have passed. Neighbours still want to buy land we still want (need) to sell. If we accept an offer from our neighbours do we have to pay the agents under the comission will be paid if at any time contracts for the property are exchanged to ...'a purchaser who the auctioneers or their nominated local agents have introduced or have had negotiations with regarding this property during the Agency period'?
We feel they broke the agreement by changing the price and didn't secure a price we were happy with. We had already had negotiations with this neighbour which the agents were informed of.
Any pointers great fully received.
The sums of money we are talking about mean that once agency fees and solicitors costs are done with we won't see much change. We had instructed agents because they talked about greatly inflated figures that just didn't materialise.