Confirming letter from estate agent including abnormal commission term
To
[insert the name, address etc. of client]
[Date]
Dear Sir,
We thank you for your instructions received today concerning your property at ________ and have placed this on our registers at an asking price of Rs. _______. We take this opportunity of confirming that commission at the following rate [viz. five per cent on the first Rs. _______ two and one-half per cent on the next Rs. ________ and one and one-half per cent on the remainder of the agreed price] will become payable on the introduction by us of a person willing to sign a contract to purchase the property on terms acceptable to you.
Yours etc.
[Signature of agent]
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