L10 Web Stats Reporter 3.15
Topics



Basic knowledge of land ownership in Hong Kong
Services provided by estate agents (with an overview of sale and purchase procedures)
Provisional sale and purchase agreements
Formal sale and purchase agreements
Consequences of breaching the sale and purchase agreement
Completing the sale and purchase transaction
Sale and purchase of Home Ownership Scheme (HOS) flats
Sale and purchase of property under construction
Deeds of Mutual Covenant and Owners' Corporations
Case illustration
Related Websites

1. I want to sell my flat. What services can I expect from an estate agent?

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The agent should:

  1. Get information about your flat from you;
  2. Market your flat to potential purchasers. Your agent should not advertise your flat by whatever means (e.g. newspaper advertisement, posters or brochures, etc.) without your prior approval;
  3. Arrange for potential purchasers to inspect your flat;
  4. Arrange for negotiations with potential purchasers;
  5. Tell you about all offers in relation to your flat. If any potential purchaser has shown interest in buying your flat and has quoted a price for the flat, the agent must inform you immediately;
  6. Help you negotiate and sign the provisional agreement with the purchaser.

It is very important that the agent is honest with you and the agent should always act in your best interest.