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Why do Estate Agents contracts have a termination of contract notice period?

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Why do Estate Agents contracts have a termination of contract notice period?

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A To deter sellers from opting out. No sale no fee remember! Signing up to a termination notice period prevents you from displaying another Agents board for a number of weeks. However, this does not usually restrict you advertising the property as a private property seller with a HSC Property FOR SALE Board because we are not an Estate Agent. This may vary if your contract was a ‘sole agent contract’.

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