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Find an Estate Agent or Estate Agents in Essex Estate Agents based in Basildon, Chelmsford, Clacton, Colchester,
Epping, Halstead, Harlow, Harwich, Maldon, Ilford, Romford, Southend, Braintree and Brentwood. |
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Know your rights
When selling a property you have certain rights
Offers:
potential buyers view your property and can make an offer to buy it. You must be
told promptly and in writing of all offers received by the estate agent (unless
they are of a kind you have said in writing that you don’t wish to receive).
Between an offer being accepted and exchange of contracts, you should be able to
re-negotiate the price and conditions of sale without penalty.
What your estate agent must do
The contract: the terms ‘sole agency’, ‘soleselling rights’ and ‘ready willing and
able purchaser’ must be explained in writing and in wording required by law if used
in the contract.
Fees or charges: when you enter into the contract you must be given written details
of how much you will be charged and when payments will be due. Fees are usually
paid on completion of a sale.
Property particulars: once instructed, the estate agent visits your home and takes
details of its size and features.
False or misleading statements
It is a criminal offence for an estate agent to make statements about the features
of a property that are false or misleading.
NOTE: estate agents might be in a position to benefit personally from the sale of
a property.You must be told - promptly and in writing - if the estate agent or a
relative or business partner of the estate agent who is selling your property wants
to buy it. And you must be told if the agent might benefit in any other way (above
and beyond the agreed commission) from the sale of your property.Similarly, if the
agent or a relative or business partner is selling a property, then the prospective
buyer must also be told promptly and in writing.
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