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Estate agents, their employees and family members are generally prohibited from purchasing any property or business which the agency is commissioned to sell.
The only difference between an exclusive agency and a sole agency is the extent of the entitlement of the selling agent to receive an agreed commission or other reward on the sale of the property.
Form 6. Fill out this form to appoint or re-appoint a real estate agent, auctioneer (real property) or resident letting agent.
Form 6. Fill out this form to appoint or re-appoint a real estate agent, auctioneer (real property) or resident letting agent.
The agent must keep you informed of each stage of the negotiations of a purchase price. The agent is required to obtain the best possible purchase price for you. The agent is not to exceed the agreed purchase price in negotiations or at auction without your express written authority.