Selling privately when you are already with an Estate Agent

by parla 23. April 2009 12:33

Question...I am already using an Estate Agent, can I still attempt sell my house privately?

The answer is 'maybe'...It depends on what contract you signed with your agent.

If you are already with an estate agent you will have one of the following types of contract between the estate agent and yourself: Estate Agents

1. 'Sole selling / letting'
Sole selling / letting means your estate agent is the only one with the right to sell or let your house. Even if you find a buyer or tenant yourself, you'll still have to pay the agent!

2. 'Sole agency'
'Sole agency' also means the estate agent is the only one with the right to sell or let your house but if you find a buyer or tenant yourself, you will not have to pay the agent.

3. 'Multi agency'
'Multi agency' means that you can choose several estate agents to market your house but you will only have to pay commission to the one who sells or lets it

4. 'Ready, willing and able purchaser'
'Ready, willing and able purchaser' is a contract. If the estate agent finds you a buyer and you later withdraw from the sale, you'll still have to pay them.

As we are not an estate agent and your contract is either 2,3 or 4 then you can still use our services and sell or let your properties privately.

Note: Check your contract is not for Sole Selling rights.
Under Sole Selling Rights, your agent can claim commission even if you sell the property. Hopefully your contract is for Sole Agency.

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Estate Agents

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Sell or Rent Privately