URGENT

Hi

Is there a cooling off period when you list a property for sale with an exclusive agent and then you decide you don't want that agent
Queensland

THere definitely is in NSW. Refer to the Fair Trading website, there is probably a link to 'selling your home' & your rights.

I am opinionated. Take me at face value, read between the lines. The wise man only believes half of what he hears, a genius knows which half.

Look at the contract you signed, it will probably be listed

Terryw

Hi Keiko,

The the information below from the Department of Fair Trade website.  I also checked a copy of the listing agreements and I think you have no cooling off period.  Read below anyway.

An agent with an exclusive agency appointment can get an agreed commission upon sale whether or not they actually sell the house.

If the seller sells the property, they must still pay the agent’s commission. If another agent sells the property, the seller may also have to pay them a commission. Potentially the seller may have to pay two commissions.

For all sole and exclusive agency appointments, the agent must give the seller a notice stating:

• the proposed term of the appointment
• whether the appointment is under a sole or exclusive agency
• the difference between sole agency and exclusive agency
• the consequences if the property is sold by someone other than the agent during the term of the sole or exclusive agency.

The notice may also state that at the end of a sole or exclusive agency, the appointment of the agent continues under an open listing, which the agent or seller can end at any time.

All the best.

Cheers ... Jason Moore

12% pa Returns Secured by Bricks & Mortar ... Check Us Out!

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Thanks for the info guys,

I have googled everywhere and can't find much.

Also can anyone send me a purchase contract 30c form or is there anywhere I can get one on the net?

I am trying to put a deal together tonight

Keiko,

Shot we an email and I can email you one.

Cheers ... Jason Moore

12% pa Returns Secured by Bricks & Mortar ... Check Us Out!

Boston West Pty Ltd | PO Box 400, Albany Creek QLD 4035 | Tel: (07) 3325 4000 | Fax: (07) 3319 6090
Email: info@bostonwest.com.au | Web: www.bostonwest.com.au
Facebook: Boston West | Twitter: www.twitter.com/Boston_West

I do not believe there is a cooling off for an exclusive agency in QLd and also if you sell or another agent sells in this period the exclusive agent is entitled to commission. It shall all be in your Appt To Act Form 22a and on the Office of Fair Trading Web site.

Thanks Jason, I just sent you an email