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Estate agent conflict of interest??
ipri
Posts: 649 Forumite
Hi....we have recently viewed a property...their Es. agent wants to act for our sale if we go ahead...surely a con of interest?...if I want to get their other clients property at a reduced price...ast ag knows my stratergy and will pass info on..any comments ian
0
Comments
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If you 'go ahead', won't that be on the basis of an agreed price for the first property?
Also, doesn't this give the EA more of an incentive to sell your property, because if they do, that gets them two sets of commissions.
If yours fails to sell, they don't get anything from the sale your house, OR the one you're thinking of buying.0 -
It's a standard marketing tactic of EA's to pitch for selling the property of a potential buyer - it would only be regarded as a conflict of interest if you and he had a soclal relationship or were related through your families0
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