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Sole Selling Rights

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  • #16
    Re: Sole Selling Rights

    Check the contract, sole selling rights means that they are the only agent and its only when the prospective buyer signs up through the agent that the whole thing comes together. The single most important words here are "Introduced" and "Agent". The person who wishes to buy has not been introduced by the agent or any other agent and they will have to prove that the potential buyers heard of the property through their advertising or arose from their work and input. They also have to describe the exact description and scope of the "Agent" be it an Estate Agent, Professional Middleman or Individual Non Professional who has introduced the buyer to you. If there is no description then then it it would be taken as and Estate Agent or Agency therefor if the person heard through the grapevine has not been "Introduced"

    At the end of the day the burden will be on the estate agents and they will have to have the buyer signed up with them to even think of taking you to court because that and or a description that covers the person who "Introduced" the buyer could be describe as an "Agent" is the only way they will have a chance of winning.
    I am not a legal professional

    I will only comment and give advice in situations which I have experience that has been gained over the years in pre legal negotiation and redress. At the end of the day when there is a legal situation of life changing or serious consequence, always and I mean always seek professional advice from a solicitor.

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    • #17
      Re: Sole Selling Rights

      Originally posted by MDfrance View Post
      sole selling rights means that they are the only agent and its only when the prospective buyer signs up through the agent that the whole thing comes together. The single most important words here are "Introduced" and "Agent". The person who wishes to buy has not been introduced by the agent or any other agent and they will have to prove that the potential buyers heard of the property through their advertising or arose from their work and input.
      I completely disagree. Sole Selling Rights means your estate agent is the only person with rights to sell the property during the term of the contract. The estate agent is entitled to payment even if you find a buyer for the property yourself.

      It's explained here in this link to Which? although I have also explained it earlier in the thread with case law to back it up:

      http://www.which.co.uk/money/mortgag...ent-contracts/

      Sole Agency is different.

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