Agency agreements - NSW Fair Trading - home代理协议-新南威尔士公平交易.pdfVIP

January 2016 FTR32 Agency agreements for the sale of residential property Selling a home is something many people do only once sale of your property, such as arranging advertising and or twice in a lifetime, so it pays to do some homework inspections and receiving deposits from buyers. The before signing up with an agent to sell your property for agreement must specify what the agent is authorised to you. do for you and must state all commissions and any other costs you may be liable to pay. When you sign up with an agent, you enter into a legally binding contract. This fact sheet explains what your rights What is in the agency agreement and responsibilities are under that contract. The agency agreement must state: You have a cooling-off period of 1 day starting from when you sign the agreement. You can cancel the agreement ● the services the agent will provide for you in this time if you are not happy with it (more information ● the amounts of any fees or commission you agree to over the page). pay for those services ● the circumstances in which the agent is entitled to Choosing a real estate agent payment - for example, commission is usually payable only when the property is sold To sell a home in New South Wales, an agent must have ● how and when payment is to be made