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EA fees although Private Sale

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Comments

  • tlc678910
    tlc678910 Posts: 983 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    It might be wise to try not to burn your bridges with the estate agent in case the private sale to tenants falls through. See if you can resolve the situation amicably so you can reinstruct them (taking advantage of the payment you will have already made) if the sale falls through.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    blobbi wrote: »
    We have taken some professional advice on this and when the dust has settled, and if I remember, I will follow up here so others can learn from our experience. I have a reminder in the diary so hope to be able to share at a latter point....

    How far has the sale progressed with your tenants? Have they obtained a mortgage yet?
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    G_M wrote: »
    They have spent time and money taking photos and putting a listing online.And possibly some other internal stuff.

    so if you cancel the contract they can charge you for those costs. Whether it will be £1500 is unlikely.

    If they did not introduce the tenants originally you should be fine (though if a different letting agent introduced the tenants you'd better read that contract too!)


    ^^^^^This. Its often in the small print from what i read here.
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