Estate agency agreements: five questions before signing
Clear rules on commission, duration and services help both the client and the agent. Use these questions to prepare the conversation.
Read article →A viewing form may contain contractual obligations. Checking the appointment, amount and payment trigger for an estate agent’s fee in Bulgaria.
A signed viewing form may merely record a visit, or it may also contain an agency agreement. Whether commission is payable depends on its content and the established agreement, not its heading.
Read the entire document, attachments and referenced standard terms. Identify the agent, client, property and event triggering payment: viewing, preliminary agreement, final transfer or another agreed event. A provision covering purchase through a connected person must also be assessed against its actual scope.
Article 51 of the Commerce Act permits remuneration from one or both parties as agreed and, absent an agreement, provides for customary remuneration as appropriate. This does not mean everyone who views an advertisement automatically becomes a client, or that one statutory percentage applies to every transaction.
Compare the promised service with actual performance and the payment condition. If you knew the property beforehand or several agents were involved, preserve the chronology of contacts. This is an evidential issue, not automatic release from a signed obligation.
For consumer relationships, transparency and potentially unfair terms require examination. Do not sign a blank form or a document whose second page has not been supplied. If a demand arrives, request the contractual basis and calculation before acknowledging a debt.
Discuss your circumstances with a lawyer. Leave a phone number or email, or call us directly.
This article is for general information only. It does not constitute or replace individual legal advice.