|
It is important to establish exactly what is going to be included in the agent's fees. Does it cover advertising, for example? The terms on which you appoint the estate agent can vary.
SOLE AGENCY: you agree to sell your house with one agent only, usually for a particular period; with a sole agency the commission rate is generally lower than that for a multiple agency.
SOLE SELLING RIGHTS: NOT A GOOD IDEA: you must pay commission even if you sell privately.
MULTIPLE AGENCY: you appoint two or more agents and the one who makes the sale usually gets the commission however the agencies can work it out between themselves.
Back
|