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Legal questions regarding EAs fees?
achiddas
Posts: 20 Forumite
Quick question regarding our EAs and there policy regarding the sale of our house to my in-laws.
1. If they have not introduced us to these buyers( which is obvious as they are my wifes parents) can they still claim their 1.5% commission on the sale.
2.If yes, how long can they lay claim to commission after we have taken our house off the market with them ( the contract says 6 months for a sale to buyer they have introduced, which they obviously have not done in this case)?
3.If they do lay claim to commission, do you think they would accept a gracious payment buy ourselves to cover there costs as this sale was not organised by them. They have been reasonably good EAs, apart from the no show of one appointment, and I do accept they have costs to cover but it seems a little bit cheeky to expect £2000 for a sale they have not brokered.
I know some will say just ask your EAs, but thats what this forum is for right!!!!
Thanks for your time and anticipation of response.
1. If they have not introduced us to these buyers( which is obvious as they are my wifes parents) can they still claim their 1.5% commission on the sale.
2.If yes, how long can they lay claim to commission after we have taken our house off the market with them ( the contract says 6 months for a sale to buyer they have introduced, which they obviously have not done in this case)?
3.If they do lay claim to commission, do you think they would accept a gracious payment buy ourselves to cover there costs as this sale was not organised by them. They have been reasonably good EAs, apart from the no show of one appointment, and I do accept they have costs to cover but it seems a little bit cheeky to expect £2000 for a sale they have not brokered.
I know some will say just ask your EAs, but thats what this forum is for right!!!!
Thanks for your time and anticipation of response.
0
Comments
-
1. Yes, if the contract says they can - i.e. it's a sole selling rights contract.
2. 6 mths, if it's a sole selling rights contract
3. Only you and the EA can decide this.
Why did you list it with an EA when/if there was a possibility of a family member buying?0
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