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Two estate agents... who gets the sale?

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Comments

  • Marvel1
    Marvel1 Posts: 7,461 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 24 June 2020 at 8:35PM
    AW618 said:
    Tell the buyer that their actions have resulted in you owing sale fees to two agents if they buy, so their offer will have to cover that if they want your house.
    No chance, plenty of others for sale.
  • AW618
    AW618 Posts: 242 Forumite
    100 Posts
    edited 24 June 2020 at 5:35PM
    sharpe106 said:
    AW618 said:
    Tell the buyer that their actions have resulted in you owing sale fees to two agents if they buy, so their offer will have to cover that if they want your house.
    I doubt any buyer would be willing to do that unless they really wanted the house, and it is the action of the seller, changing agents not the buyer. 
    It's not really a matter of whether they are willing to do that. If there's a competing offer for 2K less and theirs is going to cost you an extra 5K, the seller will be taking the competition.
    If there are no other offers of course, the only question is whether their offer, less the extra commission, is going to be more than the minimum the seller will accept .  Either way, they are going to need to pay more for the house than anyone else would have to.  If you can't sell for less than 200K then if there's an additional 5K of commission on this sale then you can't sell for less than 205.  That's not a matter of it being anyone's fault; it's just the way things are.
  • greatcrested
    greatcrested Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    hazyjo said:
    Agent 1 really should've passed details of interested parties and offers to Agent 2. Did they?
    That could only happen if the OP asked agent 1 to do so. Since OP says he told agent 1 to 'take the property off the market', how would agent 1
    a) know there was a new agent (2) and
    b) who agent 2 was?
    The onus was on OP to arrange this by properly ending agent 1's contract, and getting the list of introductions to give to agent 2 - neither of which actions seem to have happened.
  • rik111
    rik111 Posts: 367 Forumite
    100 Posts Name Dropper
    Check your agreements, sole selling rights are very different from sole agency. If it is sole selling rights with second agent you are stuffed. Just tell agent one you are willing to accept the offer if they sort out commision with agent 2 and you want it in writing, otherwise you decline the offer. They all know each other and will sort something out.
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