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Two estate agents?

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  • Two estate agents?

    Hi

    I have a property that I want to put on the market this coming week.

    It is currently leased with an agent who would also like to deal with the sale.

    However I have decided to go with another agent as I prefer their marketing strategy. I have not signed any paperwork yet and they have not started the campaign. They are just waiting for the nod from me.

    The first agent, who lease the property for me, have now said they have an investor interested, who may be willing to pay the offer price.

    Should I let the first agent show this buyer the property. If he doesnt go ahead - am I tied in any way to the first agent? I wouldn't have any contract with them. And I haven't signed the contract for the second agent yet?

    Just a bit worried that I may end up being asked for 2 commissions.

    Thanks for any advice

    Serena

  • #2
    Re: Two estate agents?

    Estate agents are greedy.
    If they have a buyer lined up who will pay the full price what is your problem?
    Any agreement you sign with the first agent should be for a two week period.
    If they can have an easy sale they will agree.
    Then if this is a ruse, which I think it is, you can go the Estate Agent 2.
    BRAND NEW HOMES
    Information for UK new home buyers
    New Home Blog The latest news and views

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    • #3
      Re: Two estate agents?

      check your terms and conditions of business on your rental agreement, as the current estate agent may have a clause which allows introduction of a buyer for an agreed fee. Make sure this is agreed before the viewing takes place.

      this will not affect your terms and conditions of business with the new agent as you haven't signed them yet. If you are concerned about the 'investment buyer' then make it clear to the second estate agent that this person has viewed and if they come to buy the property you will not be liable for any commissions.

      Any other advice you need just let me know

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      • #4
        Re: Two estate agents?

        You can select the agent on whom you can trust more. I like to recommend you select the agent who is more popular, has more reviews, has local expertise, and has a great experience. If you don’t like work of the first agent then you can search another agent who has all qualities you are looking for.
        Kingswood Properties-Estate and Letting Agents in Preston

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        • #5
          Re: Two estate agents?

          Thank you Seren- Welcome to Umega Lettings – the best lettings agent in Edinburgh. From finding the most responsible tenants for your home to doing the paperwork with utmost perfection, we do it all for you!
          Lettings Agents Edinburgh - Property Management Services

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