Post by FelixWhat is this Foxtons' 2% commission all about? Can they and do they really
do a decent job at listing your property for such unusually low rate?
I am using them to sell my property, and from another posting, you can
tell that I have contract problems. The contract is stipulated that
the closing date is "estimated" (huh?), which gives the buyer implicit
flexibility to change it without penalization. Also, the deposit
amount wasn't what I repeatedly informed my negotiator of, and the
closing date is too close (2 1/2 weeks for FHA loan?) and can in no
way be honored. The broker is incompetant, and now I have to hire my
old attorney to get me out of the contract (I haven't signed it yet,
thank God), and subsequently idemnify me from the listing agreement
(they were considered ready, willing, and able loosely speaking). It
worries me to think Foxton's may try to sue (unsuccessfully of course
considering my attorney's status in the law community) for their
commission for gross negligence. If they do, I intend to report it to
the media (if they'll take it) as well as to the consumer affairs
commission of NJ, and anywhere else I can spread the word. Foxtons
sucks!