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EA refund balance of booking deposit after closing

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  • 22-02-2018 1:31pm
    #1
    kk2014
    Registered Users Posts: 46 ✭


    Just wondering what is the normal time frame for an estate agent to refund a booking deposit (minus their fees and VAT) to the sellers solicitor following the sale closing? Not sure at this stage if my EA is delaying things longer than normal at a week with no correspondence and not returning calls?


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    #2
    rameire
    Registered Users Posts: 4,158 ✭✭✭rameire


    I sold and closed 31st Jan,
    only received the refund from the EA on the 20th Feb.
    The EA took a few days to confirm costs, and then sent the refund by cheque by post to my solicitor who was 150 meters away.
    solicitor then had to lodge it and wait for it to clear, and then send it to me.

    🌞 3.8kwp, 🌞 Split 2.28S, 1.52E. 🌞 Clonee, Dub.🌞



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    #3
    theboringfox
    Registered Users Posts: 544 ✭✭✭theboringfox


    Mine was adjusted off closing price so there was none outstanding. Is it normal for it to only get given back after close?


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    #4
    kk2014
    Registered Users Posts: 46 ✭kk2014


    Thank you both. Yes it's normally done after closing, however our EA bought our house and has not refunded the booking deposit to our solicitor yet hence the sticky situation!!


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    #5
    Claw Hammer
    Registered Users Posts: 6,238 ✭✭✭Claw Hammer


    The EA bought your house himself and is charging you sales fees?


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    #6
    kk2014
    Registered Users Posts: 46 ✭kk2014


    Yes - you couldn't make it up could you?!


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    #7
    Claw Hammer
    Registered Users Posts: 6,238 ✭✭✭Claw Hammer


    kk2014 wrote: »
    Yes - you couldn't make it up could you?!
    I would be making a complaint to the PSRA. He shouldn't be making on both sides of a transaction.


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    #8
    Browney7
    Registered Users Posts: 3,100 ✭✭✭Browney7


    Claw Hammer wrote: »
    I would be making a complaint to the PSRA. He shouldn't be making on both sides of a transaction.

    Yeah, how does the OP know if all offers were passed on?


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    #9
    kk2014
    Registered Users Posts: 46 ✭kk2014


    Thanks - I hadn't thought about that. The house is in the west where the market is slow so after a few months his offer was the only one we got.


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    #10
    ChippingSodbury
    Registered Users Posts: 1,350 ✭✭✭ChippingSodbury


    kk2014 wrote: »
    Thanks - I hadn't thought about that. The house is in the west where the market is slow so after a few months his offer was the only one we got.

    that you know about!


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    #11
    kk2014
    Registered Users Posts: 46 ✭kk2014


    It was sold at the asking price which is rare for around here so we don't have any issues about the money - more the fee charged


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    #12
    Claw Hammer
    Registered Users Posts: 6,238 ✭✭✭Claw Hammer


    kk2014 wrote: »
    It was sold at the asking price which is rare for around here so we don't have any issues about the money - more the fee charged

    He is only entitled to a fee if he introduces a purchaser to the house, which he didn't do. Complain away.


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    #13
    housetypeb
    Registered Users Posts: 1,192 ✭✭✭housetypeb


    kk2014 wrote: »
    It was sold at the asking price which is rare for around here so we don't have any issues about the money - more the fee charged

    Did he value the house,and suggest the asking price that he would advertise it for as well?


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    #14
    Askthe EA
    Registered Users Posts: 724 ✭✭✭Askthe EA


    This is dodgy as........


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