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The buyer of my house has a house of lesser value, Im down grading to raise cash.

2006-10-10 06:56:38 · 7 answers · asked by clive 2 in Home & Garden Other - Home & Garden

7 answers

I you both pull the properties from the estates agents and use a solicitor to deal with the legalities you will have no estate agent fees.

We purchased our house privately with no estate agent at all.

2006-10-10 07:01:18 · answer #1 · answered by horsegal 3 · 1 0

As long as you have a contract with an agent, you have to pay the fee. If you take it off the market and cancel the contract you may still have to pay. I think there is a clause in the contract that states if you sell the house within a certain amount of time and it was from a lead from the agent, you still have to pay.

2006-10-10 07:36:18 · answer #2 · answered by bugear001 6 · 0 0

estate agents are there to sell and manage, if the agent has made a contact with a willing buyer & seller then the agent is entailed to charge a fee,about 1-5 % is usaul plus vat of the total purchase,

2006-10-10 08:18:43 · answer #3 · answered by angie n 4 · 0 0

Both withdraw your houses from sale with the estate agent and deal privately.
If you still want the estate agent involved for some reason then go in and bargain a reduced amount.

2006-10-10 07:04:28 · answer #4 · answered by charlie 2 · 0 1

properly, he did what you asked him to do - he have been given you a suitable furnish on your place, and you prevalent it. the actuality that then you went back on your end of the settlement isn't often his fault, so why could he no longer gets a commission? except there replace into some venture on his area (the furnish replace into extremely too low - does not seem the case, or he replace into too sluggish and you lost the sale through that - lower back you do no longer point out it extremely is the case), then you extremely could pay him. i'm no longer partial to assets brokers, yet on the top of the day, the guy did his job and gets his funds - even your solicitor thinks so. i'm beneficial you will possibly sense the comparable in case you probably did some artwork for a customer and he basically replaced his concepts and refused to pay you for no reason...

2016-12-08 12:16:55 · answer #5 · answered by livesay 4 · 0 0

Bit late now, I suppose, but had the transaction been mine, I'd have withdrawn my property, waited a week or so, then done a private deal with the other folk. Hey presto! No est.agents fee.

2006-10-10 07:06:02 · answer #6 · answered by Anonymous · 0 0

Yes you do. You will be sued if you try the above suggestion.

2006-10-10 07:04:54 · answer #7 · answered by Anonymous · 0 0

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