Jump to content

Any estate agent open to negotiating sale clauses (not the fee)?


Recommended Posts

I am amazed that, even in this slow real estate market, most agencies don't want a client who, shock and horror, actually reads the contract and dares negotiate clarity on some clauses.


Do you have experience of any local agency that is actually open to negotiating their clauses? Note I am not trying to negotiate on the fee, but simply want clarity on some clauses. Private messages will be most appreciated, in case you'd rather not mention names publicly.



I have put my property on the market with one agency but am considering replacing it.


I am not negotiating the sale fee; I want clarity on, in order of importance:


1) buyers introduced by agent 1. Agent 2 should receive a (short) list of names, and refuse to show the property to those people. I was willing to pay agent 2 a termination fee.


2) no sole-selling rights. If my brother wants to buy the property, I don't want to pay a fee to an agent who hasn't done anything for the sale.


3) Similar to point 1, should I terminate the contract with agent 2, agent 2 should give me a list of people it has introduced to the property, and it will be entitled to a fee only if one of those people buy it after I have fired agent 2. Most wordings are so broad (introduced means introduced through whatever means, directly or indirectly, etc etc.) that I genuinely wonder if they'd ever hold up in court in case of a dispute, but I don't want to risk finding out.


4) This is very rare, but, should the sale fall through after exchange not for my fault (e.g. a buyer in the chain walks away after having exchanged and paid a deposit), then I want the agent to get a fee on the deposit, not on a sale price I won't have received.


One agency told me their terms are take it or leave it, so I told them to get lost.


Another agency told me that they cannot grant (4); they agreed to (1) verbally, but then sent me a contract which says the opposite! I will now need to contact more agencies.


I don't understand if they see me as a troublemaker and a potential pain so don't want to deal with me regardless, or what. Point (4) is so rare that it shouldn't really matter to them. Point (1) is more likely to happen in theory, but not so much in practice because agent 1 has introduced very few people.


Thoughts? Comments? Thanks!

Archived

This topic is now archived and is closed to further replies.

  • Latest Discussions

    • I know people won’t have any sympathy but the SEND challenge was brought up when taxing parents who have opted for independent school to meet a child’s SEND needs. Funding crisis is getting worse and the VAT on Education pushed children out of independent schools, now their SEND needs are to be met by the state.
    • I completely agree with you - and last night was really terrible where I am. Between midnight and 1am was the worst, where it genuinely felt like a war zone. I had to run out of my house to try and stop a grown man setting them off in open space right by our front doors. In response he went to throw a half lit one at me and then seemed to think better of it. I am so sad at how bad the situation has got here and how selfish people are. Fireworks are bad for the environment and for pets and wildlife, as well as just being unnecessary noise for people too. I have sent an email today to Helen Hayes, which I have done previously on this issue. Would advise anyone to write to your MP to do the same, and to ask them to engage with the debates scheduled for 19 Jan. 
    • And they started long before midnight!
    • First mate - I wondered if I was imagining things at 4.45 this morning . Apparently not .
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...