More On What Motivates Agents Most

Posted on May 3, 2007 by | 0 Comments

Tim O'Dwyer M.B., LL.Bby Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate

It is always fascinating, if not also disturbing, to see the self-serving clauses added by agents when the law allows them to prepare real estate contracts without the inconvenient involvement of solicitors.

What follows is one agent’s annexure to a contract which recently landed on my desk. The vendors and purchasers had already signed – obviously without understanding what the agent had cunningly slipped into their agreement.

There is nothing here that needed to be included in a written contract for the sale and purchase of real estate. Nothing anyway relevant to the property being sold or in any way pertinent to the usual rights and duties of the parties.

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