FAQs
FAQs
Who Sets The Minimum Price?
You, as the property owner, it is you who sets the minimum sales price
What is The Fee if My Minimum Price is Achieved?
There are £0 or 0% commission fees on the entire sum you have set as your minimum accepted price.
What if a Price is Agreed Below The My Minimum Price?
There are £0 or 0% commission fees on the entire sum you have set as your minimum accepted price, or any price below the minimum set, if you accept the price offered by the buyer.
At What Amount is The 50/50 Commission Split Applicable?
The 50/50 bonus sum split is applicable on every pound your property sells for above your minimum accepted price. For example, if your home sells for £550,000 and you wanted £500,000 for it, then there would be a £50,000 bonus sum split equally between yourself and Free Property Sales at £25,000 each.
Can I Change My Minimum Accepted Price?
Yes you can, but only downwards once this sum has been agreed.
Can I Cancel The Sale Of My Property?
Yes you can, for free if no offers above your minimum asking price have been achieved, but if a sum above the minimum asking price has been achieved, then Free Property Sales will want and expect its 50% share of the bonus sum achieved, paid within 30 days.
Can I Switch Estate Agents?
Yes you can, however, you will then be liable to a sales and marketing fee of £5,000 payable to Free Property Sales to release you from the contract.
