My house sale closed on Friday last. My Solicitor was balancing out funds today and lodged the proceeds to my account, less the initial deposit paid to the Estate Agent.
The Estate agent had sent a letter to the Solicitor detailing the sale proceeds and confirming they had a €6,000 deposit. The sale was closed on this basis and the purchaser paid the sale amount less the initial deposit. It now turns out that the Estate Agent only had a €5,000 deposit, meaning that I am left €1,000 short. The Estate Agent today sent a fax to my Solicitor advising that it was only a €5,000 deposit, but its too late as the sale closed last Friday.
My Solicitor thinks it is up to the Estate Agent to chase this up with the Purchaser/Purchasers Solicitor as it was their error, as she feels it will be very difficult to get this from the Purchaser now that the sale is closed. She is saying they (the EA) owe me that money and should take a hit out of their fees. The Estate Agent is not returning calls to either myself or the Solicitor. I am not willing to let it go, but dont want to incur massive legal fees in chasing it up.
Any ideas!
The Estate agent had sent a letter to the Solicitor detailing the sale proceeds and confirming they had a €6,000 deposit. The sale was closed on this basis and the purchaser paid the sale amount less the initial deposit. It now turns out that the Estate Agent only had a €5,000 deposit, meaning that I am left €1,000 short. The Estate Agent today sent a fax to my Solicitor advising that it was only a €5,000 deposit, but its too late as the sale closed last Friday.
My Solicitor thinks it is up to the Estate Agent to chase this up with the Purchaser/Purchasers Solicitor as it was their error, as she feels it will be very difficult to get this from the Purchaser now that the sale is closed. She is saying they (the EA) owe me that money and should take a hit out of their fees. The Estate Agent is not returning calls to either myself or the Solicitor. I am not willing to let it go, but dont want to incur massive legal fees in chasing it up.
Any ideas!