We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Do we get a breathing period once ea contract signed
kazd
Posts: 1,127 Forumite
We signed a contract yesterday with an EA for six weeks joint sole agents. Today I have looked at a new build with p/x potential, the builders said it could cause a problem with us having it on with the estate agents.
Does anyone know if there is a breathing space for us to back out of this new contract.
Its not such an issue with the older ea as we are out of contract with them.
Does anyone know if there is a breathing space for us to back out of this new contract.
Its not such an issue with the older ea as we are out of contract with them.
£2.00 Savers Club = £34.00 So Far
+ however may £2 coins I have saved in my Terramundi since 2000.
Terramundi weighs 8lb 5oz
+ however may £2 coins I have saved in my Terramundi since 2000.
Terramundi weighs 8lb 5oz
0
Comments
-
There is no way a part exchange should effect the the sale of the house to them as long as your contract does not say that the EA has "Sole selling rights".
You are free to sell your house by other menas (your own adverts etc) and not pay your EA commission if you find the buyer as long as the above is true.0 -
The contract is for 'Joint Sole Agents', we are staying with our current EA and the new one is coming on board.£2.00 Savers Club = £34.00 So Far
+ however may £2 coins I have saved in my Terramundi since 2000.
Terramundi weighs 8lb 5oz0 -
kazd wrote:The contract is for 'Joint Sole Agents', we are staying with our current EA and the new one is coming on board.
Hi,
Shouldnt be telling you this, but when I was an agent and people decided they no longer wanted to market their property with us, a lot of people rang and said that,, theyd been made "redundant" and were no longer able to move... or " husbands had a back injury and it would be best take the property off the market until its better"... or that theyd simply changed their minds and decided to "stay put".. That way we didnt market their property, as they no longer were in a position to sell0 -
Neither of these EA's has found your buyer through their advertising if I understand you correctly. Therefore you do not need to pay them.
It could be construed that they had found a buyer for you if someone was passing by your house and saw their board, or if someone saw the advert in their window and then approached you privately. However, if you have taken up negotiations with a builder who then offers to take your property in part exchange for a new one, then this is in no way because of anything that the EA has done and they are out of the equation.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards