Selling privately

chickmug

You say there is NO contract but in my experience many sllers do not remember signing a contract but there is usually always is one. So the agent will have to be asked (by email perhaps ) for a copy. Also bear in mind if the agent is a member of the NAEA they will be bound by the Code of Practise as quoted from at the bottom o f this post.

So when you read the copy it should say the type of contact:-

Sole Selling Rights -- means the agent is owed regardless of who sells including sale to family/friend.

Sole Agency -- means no other agent can be inlvolved buy usually you can sell privately without owning agent commission. But there might be something else in the contrcat saying some money is owned.

2. Instructions

a) By law you must give your client written confirmation of his (see 10 below) instructions to
act in the buying or selling of properties on his behalf. You must give the client written details
of your fees and expenses and of your business terms. You must give the client these details
before he is committed or has any liability towards you. If appropriate, you must notify your
client in writing if you or an ‘associate’ (see 8 a) below) or ‘connected person’ (see 10 d)
below) wish to offer estate agency, surveying, investment, insurance or other services to

people proposing to buy your client’s property through you.