What is a Conjunction?
This refers to a situation where one agency has a sole agency agreement on a property and another real estate agency finds a willing buyer for the property and by mutual agreement by the agency, the two agencies agree to share the commission payable on the property at no additional cost to the vendor. This type of practice is very common in the real estate industry, however not all real estate’s agree to a conjunction.
The sole agency will be primarily responsible and accountable to the client and the conjunction agency will work in accordance with the terms of the agreement it has with the sole agency. All offers, negotiations and other communications with the vendor are conducted through the sole agency.
If there is a property on the market with another agency and you would like to do business with our agency please do not hesitate to contact us, we will do all the ground work for you. If have any questions about conjunctions please feel free to contact our office on 9622 7007