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Chris The Lawyer
Chris The Lawyer, Lawyer
Category: New Zealand Law
Satisfied Customers: 22315
Experience:  37 years qualified as a lawyer; LLB, MMgt and FAMINZ.
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We have been introduced to a buyer by a real estate agent.

Customer Question

We have been introduced to a buyer by a real estate agent. We both own two properties but have each only listed one property with the real estate agent. However, we may swap our other as yet unlisted properties at a later date. Are we under any obligation to the original agent if we swap our unlisted properties after selling our listed properties?
Submitted: 1 year ago.
Category: New Zealand Law
Expert:  Chris The Lawyer replied 1 year ago.

You should check the listing agreement and see if it specifies one property or is a general authority. But if you just do the deal which is presented, and settle this, you are free to list the other properties or sell them yourselves, providing the listing agreement is not general and has a time period during which it runs

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