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Estate Agent commission

  • 07-07-2022 09:03PM
    #1
    Registered Users, Registered Users 2 Posts: 44


    Hey folks,

    just out of interest…

    if I hire an estate agent to sell my property but the sale falls through and the property proves too difficult to sell due to a building defect, am I still liable to pay the 1.5% commission fee?



Comments

  • Posts: 14,768 ✭✭✭✭ [Deleted User]


    1.5% of what if the sale falls through?

    Your only liability will be for advertising and signage if the property doesn’t sell.



  • Registered Users, Registered Users 2 Posts: 44 Laszlo Cravensworth


    thanks for the reply!



  • Registered Users, Registered Users 2 Posts: 19,631 ✭✭✭✭rob316


    Isn't that agents problem, they're job to sell it, they didn't do their part so I can't see how you could owe anything.



  • Registered Users, Registered Users 2 Posts: 195 ✭✭LunaLoo


    Yeah basically if u don't sell they don't get commission but you'd have to cover any advertising costs. Ie cost of erecting sign, myhome/daft fees, any newspaper ads.


    But just read the contract carefully, there's usually a clause that if u sell through another agent or by urself within a certain time frame (I think it's 6months with us) you could be liable



  • Registered Users, Registered Users 2 Posts: 44 Laszlo Cravensworth


    Thanks for the replies folks. I called up Sherry Fitzgerald and they confirmed the same. I know of a nightmare story involving an acquaintance who used a small estate agent for selling her property and when it didn’t sell after a few months she took it off the market. the agent said he was entitled to a percentage of the advertised selling price as commission because it was in the contract agreement!

    she ended up not paying but the estate agent tried his utmost to get it.



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