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:
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.