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Estate Agents - Moving House

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carbore:
Hello,

There are quite a lot of "sell your own house" webistes that will have details of what to look out for on the legal aspects of selling and I wouldnt skimp on a solicitor.

If you are with an agent then you are tied into them by whatever the terms of the contract are even if you "sell" the house to someone you know.

SteveGoodz:

--- Quote from: Mark_Solesbury on January 08, 2008, 23:01:29 ---Hiya

We will be moving this year - found a new house an all, just need to sell ours.

Now - If i put it on the market with an estate agent, they want to charge me 2% + vat for the privilege... Im sure they will go lower with some banter, but that does not get away from the fact that they are robbing bar stewards.

If i put it on the market could they get the aarrse if i sold it myslef without going though them? My neighbour is trying to soruce funds to purchase it with his Mother for permanent baby sitting duties and is really keen...

Id like a fall back incase they cant get the money.....

This is my first house, so any experience would be appreciated!



--- End quote ---

Have moved a few times and always used an estate agent simply because they can save you a load of grief if the buyers drag their heels. When we moved back in May last year we had some problems and the estate agents earned their 1.75% (and more).

You need to read the agents contract very carefully if you are also planning to let your neighbour make an offer. Most standard contracts will not exclude you from having to pay the fee even if the agent didn't introduce the buyer. You might be able to exclude a specific buyer if you name them up front.

One final piece of advice: choose your estate agents carefully, preferably by personal recommendation. Glossy brochures and promises aren't everything  ;)

HTH

V8MoneyPit:
Be careful putting it on with an agent and then selling it yourself...... agents have been known to sue for this. You sign a contract with the agent. Make sure it allows you to sell without them.

Range Rover Blues:
Agreed, if you find your own buyer you need to be able to back out, though I'd expect to pay something if an agent had been genuinely trying to sell your house.  The one I'm using in Stocksbridge is working really hard to sell anything at the moment, mine included.  Oh and they are only charging me 1% for the priviledge

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