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My name is ***** ***** I am a NSW Solicitor. I will do my best to assist you with your question.
I am sorry to be the bearer of bad news but once the contracts are signed and exchanged you as the seller cannot terminate unless the buyer agrees.
If the buyer agrees to cancel the contract then you can terminate.
Because a buyer was found and you signed the contract the agent has a right to collect his commission because it was sold.
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