{"id":106881,"date":"2019-05-06T13:00:08","date_gmt":"2019-05-06T06:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-sold-my-home-to-a-neighbour-do-i-have-to-pay-the-agents-fee\/"},"modified":"2019-05-06T13:05:41","modified_gmt":"2019-05-06T06:05:41","slug":"i-sold-my-home-to-a-neighbour-do-i-have-to-pay-the-agents-fee","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-sold-my-home-to-a-neighbour-do-i-have-to-pay-the-agents-fee\/","title":{"rendered":"I sold my home to a neighbour \u2013 do I have to pay the agent's fee?"},"content":{"rendered":"


\nThe estate agents did the all marketing but I sent them the local couple who wanted to buyQ A few months ago I agreed to have the photographs done and marketing literature for my home prepared by an estate agent in readiness for a move in late summer. I also signed a contract with them to market and sell my home. However, before it actually went up for sale a local couple who are neighbours asked if they could buy the house from us. I directed them to the estate agent who arranged a viewing and they made an offer which was accepted. The house never actually went on the market with the agents or was advertised by them. We are nearing exchange of contracts now and I was wondering if there would be any leeway to negotiate a reduction in the commission seeing as the agent did not actually find the buyer.PPA You could give it a try but I don\u2019t hold out much hope. Because the agent arranged the viewing and the buyers made their offer via the agent, the agent can argue that they did find the buyer. This would not have been the case if you had shown the buyers the property and had accepted their offer from them directly. That\u2019s because if you signed a sole agency agreement with your agent \u2013 which is the most common type of estate agent contract – while you can\u2019t instruct another agent to sell your home, you are free to sell it privately without involving the agent you are tied to during the term of the contract. And if you do find your own buyer and don\u2019t involve the agent in the transaction, you are also let off paying the agent\u2019s commission (although you may be asked to cover the costs of getting the photographs and marketing literature done). Continue reading…
\n
\nSource : theguardian.com
\nRead more…I sold my home to a neighbour \u2013 do I have to pay the agent’s fee?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The estate agents did the all marketing but I sent them the local couple who...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106881","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rNT","jetpack-related-posts":[{"id":22682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/propertyguru-ntuc-to-help-estate-agents-amid-tough-environment\/","url_meta":{"origin":106881,"position":0},"title":"PropertyGuru, NTUC to help estate agents amid tough environment","date":"August 12, 2016","format":false,"excerpt":"\r Lewis Ng, MD of PropertyGuru Singapore, addressing the crowd at the ninth Agent Summit. (Photo: PropertyGuru) In a bid to equip real estate agents in Singapore with new skills to tackle dwindling property sales amid tough market conditions, PropertyGuru partnered with NTUC U Associate for its ninth Agent Summit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18148,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-more-real-estate-agents-misleading-buyers\/","url_meta":{"origin":106881,"position":1},"title":"Are more real estate agents misleading buyers?","date":"June 30, 2016","format":false,"excerpt":"\r The case of a Tauranga real estate agent who didn't tell a couple the house they were buying would soon lose its sea views could be just the tip of the iceberg.Property professionals say more and more real agents are misleading...\r \r Source : nzherald.co.nz\/Property\r Read more...Are more real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87747,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-sell-your-house-online\/","url_meta":{"origin":106881,"position":2},"title":"How to sell your house online","date":"July 7, 2013","format":false,"excerpt":"\r Online sites offer virtually all the services of a traditional estate agent \u2013 and their fees can be thousands of pounds lowerAs the housing market gathers momentum, one group of people hoping to rake in the cash will be estate agents. But a growing number of house sellers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-agent-punished-for-flouting-cea-rules\/","url_meta":{"origin":106881,"position":3},"title":"Property agent punished for flouting CEA rules","date":"September 25, 2017","format":false,"excerpt":"\r In the latest case, a PropNex agent was suspended for almost one year and fined $6,000 for flouting the rules when representing an elderly couple in the sale of their HDB flat. (Photo: CEA) For violating the Code of Ethics and Professional Client Care (CEPCC), the Council for Estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-online-property-marketplace-says-goodbye-to-estate-agents\/","url_meta":{"origin":106881,"position":4},"title":"UK online property marketplace says goodbye to estate agents","date":"January 10, 2016","format":false,"excerpt":"\r \r Selling a house is a big deal \u2013 so would you approach it in the same way you\u2019d stick something on eBay?For most people the answer is \u201cno\u201d, with many choosing to enlist an estate agent when preparing for what is invariably the biggest monetary transaction of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-property-agent-fell-afoul-of-the-estate-agents-authoritys-code-of-ethics-by-offering-loan-to-a-client\/","url_meta":{"origin":106881,"position":5},"title":"How a property agent fell afoul of the Estate Agents Authority\u2019s code of ethics by offering loan to a client","date":"February 18, 2020","format":false,"excerpt":"\r It is common for prospective buyers to submit more than one registration of intent to stand a better chance of purchasing first-hand residential properties through balloting. Sometimes, they might not have sufficient down payment for multiple submissions. Notwithstanding, property agents are not allowed to offer loans to prospective purchasers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106881"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106881"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106881\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}