Sellers must beware of estate agency fees - Industry in depth - Mortgage Introducer UK
Paperwork should be carefully examined to avoid paying double fees and legal costs if a 'Sole Agency' has been granted.
Following a Court of Appeal decision yesterday (Nicholas Prestige Homes v Sally Neal) an agent who proved themselves to have a "Sole Agency" at the time the homeowner sold her property through another firm, successfully obtained their fee by 'damages' by proving that they 'would have earned a fee if they had sold the property' even though they did not actually make the sale.
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