business

Business

Selling a Flat

As a salesperson, you guide your seller-clients through the policies and procedures for a smooth resale transaction. 

The Council for Estate Agencies has 8 Prescribed Estate Agency Agreements for the sale, purchase, and lease of residential properties.

  • This agreement is a contract between you and the sellers, and it seeks to protect both parties’ interests. The terms and conditions of the agreement, such as commission payable, can be negotiated between both parties.
  • You should explain the agreement to the sellers fully, and give them enough time to read it thoroughly.
  • If there are any amendments made to the agreement, make sure the sellers countersign them. You should also give them a copy of the agreement which they have signed.
  • Any agreement made between you and the sellers is a private agreement. Please resolve any concerns directly with the sellers.