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Sold house without estate agent

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Comments

  • MJP43
    MJP43 Posts: 61 Forumite
    The contract is silent on this scenario.

    I'm going to offer a goodwill gesture to cover some of their costs.
  • Bluebirdman_of_Alcathays
    Bluebirdman_of_Alcathays Posts: 2,859 Forumite
    rosie383 wrote: »
    As others have said. Read the contract you signed. Verbal agreements mean nothing.

    Verbal agreements mean nothing? Really??
  • Annie1960
    Annie1960 Posts: 3,009 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 12 April 2015 at 12:25PM
    MJP43 wrote: »
    The contract is silent on this scenario.

    I'm going to offer a goodwill gesture to cover some of their costs.

    The contract will not be silent, but perhaps you are not understanding which part to look at,

    If it is 'sole agency', then you don't pay a fee.

    If it is 'sole selling rights', then you do.

    If it is 'ready, willing and able', then what on earth were you thinking when you signed it?

    Which one of these have you signed?

    http://www.tpos.co.uk/downloads/TPOE27-3%20Code%20of%20Practice%20for%20Residential%20Estate%20Agents.pdf

    see para 5g.
  • martin1959
    martin1959 Posts: 363 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am guessing this the main reason EA want a for sale board displayed, so that even if you sell to a friend or neighbour, they can claim the person only found out the property was for sale due to their board...
    20 plus years as a mortgage adviser for Halifax (have now retired), and I have pretty much seen it all....:D
  • SplanK
    SplanK Posts: 1,155 Forumite
    Part of the Furniture
    Is it possible to post a copy of the contract for us to review? It will be clever wording that could be catching you out.


    I just reviewed ours, and it clearly states "....that we introduce..." in each line of what our EA deems as chargeable service, so if I was to find my own buyer that is not on our EA's records, then I should not have to pay a fee.
  • Annie1960
    Annie1960 Posts: 3,009 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    SplanK wrote: »
    Is it possible to post a copy of the contract for us to review? It will be clever wording that could be catching you out.


    I just reviewed ours, and it clearly states "....that we introduce..." in each line of what our EA deems as chargeable service, so if I was to find my own buyer that is not on our EA's records, then I should not have to pay a fee.

    Sounds like yours is a 'sole agency' contract.
  • SplanK
    SplanK Posts: 1,155 Forumite
    Part of the Furniture
    Annie1960 wrote: »
    Sounds like yours is a 'sole agency' contract.

    It is , but that line is also on the multi agency part as well (same T&Cs, separate line for each)
  • Mocha61
    Mocha61 Posts: 107 Forumite
    My daughter wanted to change EA as hers was rubbish. When the new EA came round to give valuation to sale we asked him if we found a buyer ourself what would happen, he said they would only ask for a small fee which included dealing with the paperwork which was good. Anyway next day she did find a buyer herself and it saved her around £500 not alot but still a saving.
  • gargoyle102
    gargoyle102 Posts: 8 Forumite
    If it is sole agency you should not pay any fees. Re the payment for any listings, photos the costing should be listed in your T & Cs. Luckily mine crossed all of those out so I didn't have to pay anything. I took a bottle of wine in and thanked them for being so helpful. Previously I have paid £120 for the marketing pack. Look at you T & Cs to be sure
This discussion has been closed.
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