Advice needed please

Doozergirl

wendfrombev wrote: »

Hello Doozergirl

It says in my contract that "if beal Developments find me a buyer ( a buyer being defined as a party ready willing and able to proceed during the marketing period subject only to contract exchange) and I withdraw from the purchase of the Beal home I will pay Beal developments a fee 0f 5% of the sale price of my property"

wendy

They haven't found you a buyer though, have they? If you pull out now then you don't have to pay them.

Of course you can try and barter them down if you have to drop your price too. You should barter anyway. However, as far as they are concerned, you are committed to this purchase so the only way you are going to get their price down is to threaten to walk away. I'll tell you now though that you need to be prepared to walk away because they will take it as a bluff. Anyone who deals in any part of the sale of property, must hear 'or we'll pull out' everyday. I generally ignore it.