Estate Agents!

[JackCarver]

Hey all, my Mum is selling her Dads house. Its been on market for 18 months with no decent offers. Now my sister wants to buy the house obviously from my Mum not via estate agents.
My mum has contacted the estate agents and they have advised the contract requires 28 days notice to cease selling? Is there a way out of this? It seems pointless! They have scheduled viewings for most days this week and next (now that they have had cancellation order) but as ive said my sister is having the house – seems pointless...

Other than just waiting it out for 28 days anybody aware of a way out?

 

[JackCarver]

Read the contract you have with them? Might be sole selling rights or something in it.

Yea there is but surely if its not a public sale and its staying in the family they can just terminate the contract? id agree if it was ditching one agent for another... but this is not. Its taking off market for private family deal.

 

[JackCarver]

No doubt due to over ambitious pricing, throughout 18 months you would have gone through the cycles of the busy periods and quiet periods. The agent would have advised you as to what they think they could achieve, which would have been inflated to get you on their books, but it's up to the vendor to manage expectations given the market conditions.

Agreed i always said it was on for too much... thats by the by now though, the family want to give to my sister but dont see the need to pay fees todo so which i agree with..