We have a house on the market now and it's not moving -- and all the time costing money. The agent has had the house since last year and now suggesting reducing the price to the point that we would lose a lot of money.
We think perhaps we should rent it out for a few years instead, so will we have to pay the agent? I don't have a copy of the sales contract to hand at the moment, but is it likely we would have to pay something, or can just say thanks and walk away?