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Sole agency question
suestew
Posts: 372 Forumite
Hi, can you advise, if you have property with an agent under sole agency can you sell to an investor who makes a direct offer?
The terms in our contract are
your agree that you will not, during the period in which we have been appointed to act as sole agent, revoke our authority to offer the property for sale nor will you consent to the marketing or disposal of the property through any other agent.
to me it states that I can't offer the property to another estate agent not an investor.
thanks
The terms in our contract are
your agree that you will not, during the period in which we have been appointed to act as sole agent, revoke our authority to offer the property for sale nor will you consent to the marketing or disposal of the property through any other agent.
to me it states that I can't offer the property to another estate agent not an investor.
thanks
0
Comments
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How did the investor find out about your property? If you are unable to prove it was not linked to any of the agent's marketing (rightmove, for sale board, newspaper ad etc) then you should be ok when the agent comes after you for the fee (they inevitably will), but if not be ready to pay the agent.0
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the investor has bought a property next door and the builder who is doing the development made us a verbal offer today. we spoke to the builder yesterday as we wanted a quote on some work and got in to a conversation with him about our property. we do have for sale sign outside though so I expect they could use that in their argument?0
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For sale board is the clincher IMO.Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️0
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estate agents grrrr0
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You could try and negotiate the agents down 'a friend of mine wants to buy the house, and is willing to wait (they haven't seen the rightmove ad, we were just chatting on the phone etc...) Tell you what if you agree to reduce your fee for this buyer I'll let you have the sale'0
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