When it comes to selling your house you can use an estate agent, and most estate agents will have some sort or tie in. This simply means that you must sell your house through them for a minimum period, and if you sell it through anyone else in that period they still get a commission, or you can sell it yourselves and save hundreds of pounds in the process.
Now there is a big mistake that most people make when choosing an agency, and this is that a lot of people choose a Sole Seller agreement and not a Sole Agency agreement.
The different is simple
Sole Seller Agreement - You dont want this one
A Sole Seller agreement is one which states that you will only use that agency to sell your property, and they are representing you as a seller of your property, this means that if you sell through anyone else during the tie-in period you will still have to pay them a commission.
Sole Agency Agreement - This is the one you want
A Sole Agency agreement difers from the sole seller as this one states that you are only going to use one agency to sell your property during the tie in period. This is the type of agreement you want, that is if you have to be tied in with an agency. This type of agreement means you can sell your house yourself, this allows you to advertise or sell your house privately, using online services such as BuzzProperties.co.uk to sell your house, without having to pay an agency any fees at all if you sell your house yourself.
So in closing, make sure that you get the right agency and the right agreement, after all with the increased amount of house sales privately, adn increased number of sales options, being tied in can be a problem. So make sure that if you have to get tied in make sure its a sole agency agreement NOT a sole seller agreement.
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