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Sole Selling Agreement
rosie0909
Posts: 8 Forumite
Can anyone help. After having my house on the market for a year and estate agents not finding me a buyer due to frozen market, my daughter has decided to do a part exchange.
I contacted the estate agent and asked what the time scale was if we took the house off the market with them and mentioned my daughter's idea.
The reply was that there would only be the termination fee of £150 plus vat and 28 days notice as they had not introduced my daughter and after the 28 days we could do what we liked.
Two weeks later another person rang me from the estate agent saying that if we did the part exchange with my daughter they were still entitled to their commission which is £3000 because of the statement below:
sole selling rights
If a purchaser was introduced to the property during the period of our sole agency, even if the purchaser was not found by the agent but by another agent or by any other person including the Client.
We have noticed on the contract that on the Termination of Agency the minimum period term has been left blank so does this imply that the contract is invalid.
Any help would be very much appreciated.
I contacted the estate agent and asked what the time scale was if we took the house off the market with them and mentioned my daughter's idea.
The reply was that there would only be the termination fee of £150 plus vat and 28 days notice as they had not introduced my daughter and after the 28 days we could do what we liked.
Two weeks later another person rang me from the estate agent saying that if we did the part exchange with my daughter they were still entitled to their commission which is £3000 because of the statement below:
sole selling rights
If a purchaser was introduced to the property during the period of our sole agency, even if the purchaser was not found by the agent but by another agent or by any other person including the Client.
We have noticed on the contract that on the Termination of Agency the minimum period term has been left blank so does this imply that the contract is invalid.
Any help would be very much appreciated.
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