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Realtor Contract

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Belladonna219
HOT MAMA

Member since 2/07

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Belladonna219

Realtor Contract

I have my house listed with an agent. Am I legally tied to this agent to sell my home? What happens if I want to tell them forget it and try to sell on my own or to a family member?

Any advice? TIA

Posted 3/29/07 12:39 PM
 
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Kara
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Member since 3/07

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They call me "Tater Salad"

Re: Realtor Contract

Did you sign a written agreement with the realtor?

Posted 3/29/07 12:40 PM
 

Belladonna219
HOT MAMA

Member since 2/07

2642 total posts

Name:
Belladonna219

Re: Realtor Contract

Yes, but the contract has an error on it re: Commission Rate. Stupid me didnt notice till a week later and they have not provided me w/ a correct one even though I have asked for it several times now. Not sure if I should call my laywer.

Posted 3/29/07 12:42 PM
 

MrsT
Enjoying wedded bliss.....

Member since 4/06

1323 total posts

Name:
Katrina

Re: Realtor Contract

Posted by Belladonna219

I have my house listed with an agent. Am I legally tied to this agent to sell my home? What happens if I want to tell them forget it and try to sell on my own or to a family member?

Any advice? TIA



What did you signChat Icon An exclusive right to sell agreement would mean that you will owe the agent a commission even if you sell the house on your own or to a family member.

You can always ask for a release from your contract though.

Posted 3/29/07 12:49 PM
 

ckone
LIF Adult

Member since 8/06

3014 total posts

Name:

Re: Realtor Contract

You should have been given some papers to sign that states how many months you are in contract with them. Our was two.

Posted 3/29/07 3:05 PM
 

ckone
LIF Adult

Member since 8/06

3014 total posts

Name:

Re: Realtor Contract

Posted by Belladonna219

Yes, but the contract has an error on it re: Commission Rate. Stupid me didnt notice till a week later and they have not provided me w/ a correct one even though I have asked for it several times now. Not sure if I should call my laywer.


I would definately call your lawyer and let them know.

Posted 3/29/07 3:06 PM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: Realtor Contract

That's definitely something you're lawyer needs to know -- I'd have your lawyer contact the realtor to get the new, corrected contract ASAP. You don't want to have someone make an offer while operating under a contract that has an error. Hopefully they will not make an issue out of it.

Posted 3/29/07 4:27 PM
 
 

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