How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jo C. Your Own Question
Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 70643
Experience:  Over 5 years in practice
12826847
Type Your Law Question Here...
Jo C. is online now

I am selling my house. My contract with the estate agent states:

Customer Question

I am selling my house. My contract with the estate agent states: " In this instance we are acting as a sole agents and will continue to do so for the minimum period of 16 weeks and therefore as sole agents for the same period automatically on the expiry of each period unless you give us written notice converting this agreement to a multiple agency or the agreement is terminated by written notice being given to the other, such notice to take place 21 days after the receipt of written notice. In case of multiple agency or for sole agency where no minimum period is specified then the agency will continue until 14 days after the receipt of written notice. If other agents are instructed at any time remuneration is calculated as 2.95% of the sale consideration of the property."
1. Can I terminate my contract giving a written notice at any time during the 16 weeks period?
2. If I decide to sell with another agency, do I owe the remuneration stated above (which is higher) anyway to my agency or just in case my agency sells the house?
Thank you in advance!
Savina
Submitted: 2 years ago.
Category: Law
Expert:  Jo C. replied 2 years ago.
Hi.
Thank you for your question. My name is ***** ***** I will try to help with this.
1 Not on the face of that contract. You can cancel at the end of 16 weeks giving the required period of notice but not lawfully mid term.
2 There is an argument that it is due. It is clearly in your contract. You could argue that it is void because it amounts to a fine and so is void under UCTA. Whether a court would accept that or not is another matter. In fairness, they have a lost profits claim which might amount to this sum anyway or it might not. It is an arguable point. There is case law that weakens these things by effectively observing that a particular agent should not claim commission if they have not brought about the sale even in some small way but you are obviously taking a risk.
If you want to avoid this though I would just let the contract expire and give notice.
Can I clarify anything for you?
Jo
Customer: replied 2 years ago.

Thank you Jo, it is sufficiently clear.

Expert:  Jo C. replied 2 years ago.
No problem and all the best.
Please remember to rate my answer.
Remember that I am always available to help with your questions. Even if I am in Court I will usually pick up a question within 12 hours. For future information, please start your question with ‘For Jomo1972’.