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Changing Estate Agenct Contract
katie4
Posts: 459 Forumite
Sorry for posting again, this is the contract;
TERMS OF ENGAGMENT CONTRACT – SOLE AGENCY
This contract gives XXX Estate Agents sole selling rights over your property for a period of 3 months from the date the property is placed on the market. You will be liable to pay commission to us in addition to any other costs or charges agreed in each of the following circumstances. Upon termination of the aforesaid 3 months period then, unless you decide to cancel the contract at this date, the contract will continue in being until such time as the same is cancelled by you by giving Property Plus 14 days written notice of cancellation.
(a1) If unconditional contracts for the sale of the property are exchanged in the period during which we have sole selling rights, even if the purchaser was not found by us but by another agent or person including you.
(a2) If unconditional contracts are exchanged after the expiry of the period during which we have sole selling rights, to a purchaser who was introduced to you during the period of sole selling rights and with whom we had negotiations about the property during that period.
(b)If the property remains unsold after the end of the contract term, you have the right to withdraw the property from our agency at no cost. If however for any reason you wish to withdraw the property during the contract term we will make a charge of £350 inclusive of VAT at the prevailing rate.
should we ask for the ready, able and willing clause to be removed and ask them to remove the sole selling rights on the condition that we state in writing that we won't be advertising the property elsewhere? How likely is it that an estate agent would agree to this?
TERMS OF ENGAGMENT CONTRACT – SOLE AGENCY
This contract gives XXX Estate Agents sole selling rights over your property for a period of 3 months from the date the property is placed on the market. You will be liable to pay commission to us in addition to any other costs or charges agreed in each of the following circumstances. Upon termination of the aforesaid 3 months period then, unless you decide to cancel the contract at this date, the contract will continue in being until such time as the same is cancelled by you by giving Property Plus 14 days written notice of cancellation.
(a1) If unconditional contracts for the sale of the property are exchanged in the period during which we have sole selling rights, even if the purchaser was not found by us but by another agent or person including you.
(a2) If unconditional contracts are exchanged after the expiry of the period during which we have sole selling rights, to a purchaser who was introduced to you during the period of sole selling rights and with whom we had negotiations about the property during that period.
(b)If the property remains unsold after the end of the contract term, you have the right to withdraw the property from our agency at no cost. If however for any reason you wish to withdraw the property during the contract term we will make a charge of £350 inclusive of VAT at the prevailing rate.
should we ask for the ready, able and willing clause to be removed and ask them to remove the sole selling rights on the condition that we state in writing that we won't be advertising the property elsewhere? How likely is it that an estate agent would agree to this?
0
Comments
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Can you add to your other thread to avoid confusion?
https://forums.moneysavingexpert.com/discussion/5999990/estate-agenct-contract-query2024 wins: *must start comping again!*0
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