Agent – Fees and Responsibilities

 

CHAIN FREE®

1. If your client (the seller) joins the Home Owners Plan™ and TAKES our finance (LTV)  –  (IMPORTANT POINT: the seller can join the Plan no later than 10 weeks from the date their house was “Added on” Rightmove for sale):

1.1 Your firm will be re-instructed by Albani to sell their house (we do not buy the sellers house) for a sole agency 1.5% + VAT Resale Fee.

1.2 The Drawdown Documents include a Sale Contract (our Legal Department will add the buyers name) and Transfer for the seller to sign so they can take the LTV and their house can be sold through the Plan.

1.3.  If the seller joins the Plan and TAKES the LTV it is precondition of Albani instructing your firm to sell their house that your firm accepts both Responsibilities below.

2. If your client (the seller) joins the Plan and does NOT take our finance (LTV):

2.1 If your firm introduces a buyer who exchanges contracts for the purchase of the sellers house within 20 weeks from the date of our DataSource Valuation for more than the LTV we will pay your firm a £1,000 + VAT Success Fee in addition to the Sale Fee paid by the seller to your firm (to reward your firm for selling their house for the highest price).

CHAIN MENDER®

3. If your client (the seller) TAKES our finance (LTV):

3.1 Your firm will be re-instructed by Albani to sell their house (we do not buy the sellers house) for a sole agency 1.5% + VAT Resale Fee.

3.2 If your firm introduces a buyer who exchanges contracts for the purchase of the seller’s house within 20 weeks from the date of our DataSource Valuation for more than the LTV we will pay your firm a £1,000 + VAT Success Fee (to reward your firm for selling their house for the highest price).

3.3 The Drawdown Documents include a Sale Contract (our Legal Department will add the buyers name) and Transfer for the seller to sign so they can take the LTV and their house can be sold by Albani.

3.4 If the seller TAKES the LTV it is precondition of Albani instructing your firm to sell their house that your firm accepts both Responsibilities below.

RESPONSIBILITIES

Responsibilities At Drawdown Date

Responsibilities After Drawdown Date

IMPORTANT POINT: We do not recommend or promote any firm of estate agents and we do not take fees or commissions.