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Real Estate Agreement Question
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luvmykids8
LIF Adult
Member since 9/15 2050 total posts
Name:
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Real Estate Agreement Question
A friend of mine put their house up for sale and decided that they no longer want to sell it at this present time. The contract agreement with the real estate agent expires in a couple of months so that means that they have to sell it because they are still in a bind with the real estate agent correct or not? She's having second thoughts on selling it right now and wants to know her options. Thanks!!
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Posted 11/14/16 11:32 AM  |
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loveus
LIF Adolescent
Member since 9/13 684 total posts
Name:
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Re: Real Estate Agreement Question
She is not obligated to sell her house if she has a contract with an agent. If she sells during the time period of the contract with the agent she then owes them commission.
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| Posted 11/14/16 11:49 AM |
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jlm2008
LIF Adult
Member since 1/10 5092 total posts
Name:
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Real Estate Agreement Question
Nobody can ever make you sell your house if you change your mind. She just can't list it with a different agent during the time of her contract.
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| Posted 11/14/16 12:19 PM |
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luvmykids8
LIF Adult
Member since 9/15 2050 total posts
Name:
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Real Estate Agreement Question
So what does she tell the agent? To void the contract?
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| Posted 11/14/16 1:47 PM |
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loveus
LIF Adolescent
Member since 9/13 684 total posts
Name:
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Real Estate Agreement Question
Tell the agent the truth, they changed their minds and to remove the listing.
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| Posted 11/14/16 2:20 PM |
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