Boards.ie uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Click here to find out more x
Post Reply  
 
 
Thread Tools Search this Thread
22-02-2012, 10:37   #16
odds_on
Registered User
 
odds_on's Avatar
 
Join Date: May 2010
Location: Midlands - moving soon to the Pearly Gates
Posts: 1,729
Quote:
Originally Posted by gigino View Post
Do they not share the commission in the event of a sale?
It depends on the contract with the EAs. They either agree to this or don't get a chance to sell the property. Why should an EA get commission if he doesn't sell the property. OK, he has some expenses but that's the name of the game. The EAs may make an agreement between themselves if they want. But to my mind, the EA who does the work and gets the sale is entitled to his full commission.

IMHO, this system might end the situation where EAs don't reply to emails, don't return phone calls, don't appear for viewings etc.
odds_on is offline  
Advertisement
22-02-2012, 16:31   #17
pawnacide
Registered User
 
Join Date: May 2010
Posts: 227
Most buyers are pretty sophisticated and if they're not they can get so pretty quickly by going down the pub.

Chances are they'll have contacted both agents at some point and therefore have a relationship with both. If agent A introduces them to the property but they make offers through agent B and end up buying the house you could be liable for both sets of fees.

I know of one case where a court agreed that a seller was liable for fees because the agent had introduced the buyer to the property but the owner ending up negotiating the sale himself and the buyers refused to deal with agent having met the owner the following day.

Of course you could hope agent A doesn't find out.
pawnacide is offline  
23-02-2012, 13:04   #18
odds_on
Registered User
 
odds_on's Avatar
 
Join Date: May 2010
Location: Midlands - moving soon to the Pearly Gates
Posts: 1,729
It all depends on the contract with the agent/s
odds_on is offline  
Post Reply

Quick Reply
Message:
Remove Text Formatting
Bold
Italic
Underline

Insert Image
Wrap [QUOTE] tags around selected text
 
Decrease Size
Increase Size
Please sign up or log in to join the discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Share Tweet