- Joined
- 18 Oct 2012
- Posts
- 473
House was £500k and fee was 1% + VAT
Did they ever give you a list of who they had shown the house too? that you would have been able to pass onto another agent?House was £500k and fee was 1% + VAT
are they a member of an ombudsman scheme and did they clearly explain it ?5t At the time of receiving instructions from a seller you must:
- point out and explain clearly in your written Terms of Business that you may be entitled to a commission fee if that seller terminates your instruction and a memorandum of sale is issued by another agent to a buyer that you have introduced (see definition of effective introduction (*) and supplementary TPO ‘Dual Fee’ guidance) within 6 months of the date your instruction ended and where a subsequent exchange of contracts takes place.
Exchange of Contracts and completion happened 7 months after.Did they ever give you a list of who they had shown the house too? that you would have been able to pass onto another agent?
is the first agent a member of an ombudsman scheme?
if they are
are they a member of an ombudsman scheme and did they clearly explain it ?
you'd get better advice at https://forums.moneysavingexpert.com/categories/house-buying-renting-selling btw
What date did you sign a contract with agent 1 and how long was the term in the contract?15th August 23 - withdrawn from market with agent 1.
27th November 23 - agreed sale with buyer via agent 2.
18th January 24 - sale falls through due to complications with our onward purchase and our buyers buyer.
24th January 24 - sale re-agreed with original buyers and back on track.
15th March 24 - completed sale and agent 2 paid.
Exchange of Contracts and completion happened 7 months after.
Anyone can request that information from the land registry. https://www.gov.uk/search-property-information-land-registryIs the Land Registry allowed to share the name of the buyer? That doesn't seem right to me. GDPR, anyone?
I hope at least they can't search by person, only by property. What about people who don't want to be found?Anyone can request that information from the land registry. https://www.gov.uk/search-property-information-land-registry
+1If someone crawled out from the woodwork to ask me for 5k, who had been done for money laundering and misusing COVID loans, and struck off, I'd file their request with the other spam I get and wouldn't even consider looking into it further unless they brought some sort of legal action against me.
If someone crawled out from the woodwork to ask me for 5k, who had been done for money laundering and misusing COVID loans, and struck off, I'd file their request with the other spam I get and wouldn't even consider looking into it further unless they brought some sort of legal action against me.
No new contract signed. Just an email to ask if we can re-market and then it was done.@Transform_IT I'd get legal advice on this, but did you sign a new contract in July 2023 when you relisted? If you agreed a sale in the November, that's on the 6 month limit so exact dates here are important to know. But I suspect as others have said, they're chancing it.
Ah well then it *should* be from the date you initially signed in March 2023 then, in which case I would expect you to be in the clear, however I'm not a lawyer and all that...No new contract signed. Just an email to ask if we can re-market and then it was done.