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What was your agreement with your non-exclusive agent in the first place and why are you thinking about granting exclusivity to the other agent now?

If the non-exclusive agent has been putting in the effort in marketing your property and bringing buyers as well as pushing buyers, without tying you down with an exclusive agreement, why are you then looking to sign an exclusive with an agent who has not done anything so far and why not just allow both agents to work on the listing instead of checking on your liability? If both agents are allowed to work on the listings, there is no liability to pay both agents in this case isn't it? Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, is the exclusive that you signed meant for 3 months?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

1) You are not supposed to sell to the buyers who were introduced by the 1st agent (non-exclusive) because your unit is supposed to be marketed by the current agent (exclusive) to avoid complications.
2) If you decided to sell to this buyer. You will have to pay a full commission to the 1st agent as per the agreement you signed with him/her.
3) You might have to compensate the current agent for the marketing cost and effort accordingly. There are no fixed rules on this.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer Read More

Hi,

It depends on the situation. Did the agent on non-exclusive continue to market the property after you had appointed an exclusive agent? Did the "Buyer" who decided to purchase view the unit before you engage an exclusive agent?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

In most cases, engaging multiple agents, especially one on a non-exclusive basis and another exclusively, can lead to a situation where both agents expect payment if a sale is made. However, the specifics of your agreement with each agent will determine your liability.

If you signed an exclusive agreement with the second agent, you might be contractually obligated to pay that agent a commission, regardless of whether the buyer came through the first agent. Additionally, if the first agent introduced the buyer and had a clause specifying commission for introducing potential buyers even if the sale is made after their engagement period, they might also claim a commission.

It's crucial to carefully review the contracts or agreements you have with both agents. Pay attention to clauses regarding commission, buyer introductions, exclusivity periods, and terms of engagement. If there's any ambiguity, it might be wise to seek legal advice to understand your obligations and potential liabilities to both agents. Being transparent and communicating openly with both agents about the situation can also help navigate this issue. Read More