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Estate agency agreement

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  • buggy_boy
    buggy_boy Posts: 657 Forumite
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    G_M wrote: »
    Indeed they have, but fortunately the OP has now clarified.

    They have although I find your alterations unnecessary.. The english dictionary defines estate agent as: a person or business whose job involves selling and renting out buildings and land for clients.

    Also although a solicitor can be used for a tenancy agreement this would be extremely unusual for a residential property.
  • G_M
    G_M Posts: 51,977 Forumite
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    well the OP clearly took it for granted that Estate Agent indicated he was selling.
    Artful responded on that basis.
    As did I.
    And Staffie.
    Edddy too.


    Not huge sample, but 80% of posters made the same interpretation......
  • Lokolo
    Lokolo Posts: 20,861 Forumite
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    buggy_boy wrote: »
    They have although I find your alterations unnecessary.. The english dictionary defines estate agent as: a person or business whose job involves selling and renting out buildings and land for clients.

    Also although a solicitor can be used for a tenancy agreement this would be extremely unusual for a residential property.

    Depends which dictionary - mine states it as An estate agent is someone who works for a company that sells houses and land for people.

    However, at the end of the day, an estate agent sells, a lettings agent lets. They both have very different roles.
  • eddddy
    eddddy Posts: 16,449 Forumite
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    Just to clarify...

    The statutory 14 day cooling off period applies to contracts signed away from the place of business, with:
    • estate agents (to sell a property)
    • letting agents (to let a property)

    i.e. It applies to both:
    • where a property owner is instructing an estate agent to find a buyer
    • where a property owner is instructing a letting agent to find a tenant

    buggy_boy wrote: »
    If selling/buyint it would be solicitors that do the contract.

    You've misunderstood.

    The OP is referring to the contract between a property owner who is selling a house and the EA.

    Solicitors aren't involved in that contract.
  • Mutton_Geoff
    Mutton_Geoff Posts: 3,820 Forumite
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    GDB2222 wrote: »
    Thanks for the advice, very helpful. There are a couple of things to negotiate, but I’m happy enough with the contract. It’s the agency agreement to sell a house.


    Make absolutely sure it's not a "sole selling rights" contract, but "sole agency" instead. Also make sure the cancellation period is no more than 4-6 weeks.
    Signature on holiday for two weeks
  • staffie1
    staffie1 Posts: 1,965 Forumite
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    Make absolutely sure it's not a "sole selling rights" contract, but "sole agency" instead. Also make sure the cancellation period is no more than 4-6 weeks.
    Preferably 0 wks.
    If you will the end, you must will the means.
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