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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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We can't go anywhere...
Our lawyer told us that the contract that we signed with Foxtons has no loopholes and is impossible to get out of. So now we have to wait until our contract is up in JULY!!! I will NOT give Foxtons a penny of my money to sell. I'm so pi$$ed....
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Posted 3/14/06 1:05 PM  |
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Long Island Weddings
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Redhead
You Live, You Learn
Member since 5/05 31871 total posts
Name:
Jennifer
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Re: We can't go anywhere...
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| Posted 3/14/06 1:06 PM |
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Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: We can't go anywhere...
Oh no!
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| Posted 3/14/06 1:22 PM |
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CathyB
Member since 5/05 19403 total posts
Name:
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Re: We can't go anywhere...
Oh, I'm so sorry to hear that. 
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| Posted 3/14/06 1:23 PM |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: We can't go anywhere...
That is ridiculous. Have you heard back from the broker/agent from Foxton's?
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| Posted 3/14/06 1:24 PM |
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Bebalina
<3
Member since 6/05 2922 total posts
Name:
N
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Re: We can't go anywhere...
what if u find the buyer urself, they cant really collect commission on that can they???
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| Posted 3/14/06 1:27 PM |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: We can't go anywhere...
Posted by Bebalina
what if u find the buyer urself, they cant really collect commission on that can they???
Yes, they can unfortunately.
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| Posted 3/14/06 1:29 PM |
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My2Boys
Love.
Member since 10/05 4796 total posts
Name:
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Re: We can't go anywhere...
Posted by Stefanie
Our lawyer told us that the contract that we signed with Foxtons has no loopholes and is impossible to get out of. So now we have to wait until our contract is up in JULY!!! I will NOT give Foxtons a penny of my money to sell. I'm so pi$$ed....
I'm surprised that there's no way out. What if they don't live up to what they promised you in terms of advertising and showing? Are you just at their mercy?
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| Posted 3/14/06 2:02 PM |
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Tah-wee-ZAH
Kisses
Member since 5/05 15952 total posts
Name:
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Re: We can't go anywhere...
Posted by BrunetteMom
Posted by Bebalina
what if u find the buyer urself, they cant really collect commission on that can they???
Yes, they can unfortunately.
Yes, this is correct. In the fine print of the contract you are obligated to pay them a commission even if you find the buyer. All boiler plate RE contracts are this way otherwise someone could come to a seller's door andd the seller could sell the house and the RE would make zero commission.
ETA: If a seller tries it they will have the RE agencies corporate attorneys on their butt instantly.
Message edited 3/14/2006 2:04:20 PM.
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| Posted 3/14/06 2:03 PM |
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Stefanie
♥
Member since 5/05 23599 total posts
Name:
Stefanie
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Re: We can't go anywhere...
Posted by BrunetteMom
That is ridiculous. Have you heard back from the broker/agent from Foxton's?
No...he avoids our call. He doesn't call here either...
His story changed too...so now it's our word against his.
My Dh called him two hours afterwards and cancelled. The broker is saying that my DH told him he doesn't want the co-op shown right away but to list it. Why would we say that? So stupid!!!!
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| Posted 3/14/06 3:03 PM |
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BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
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Re: We can't go anywhere...
I can imagine how you feel. You must want to go there and beat his face in. Lord knows that's how I would feel. What goes around, comes around. I'm a true believer in that. He will pay for screwing you guys.
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| Posted 3/14/06 3:04 PM |
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DRMom
Two in Blue
Member since 5/05 20223 total posts
Name:
Melissa
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Re: We can't go anywhere...
You have FM
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| Posted 3/14/06 4:03 PM |
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Palebride
I am an amazing bakist
Member since 5/05 13673 total posts
Name:
Lori
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Re: We can't go anywhere...
that's why my lawyer insists on seeing any contract before we sign it.....unfortunately, you're stuck in a bad situation! 
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| Posted 3/14/06 4:22 PM |
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Myrockette
~*~*~*~*~*~*~
Member since 5/05 5632 total posts
Name:
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Re: We can't go anywhere...
oh no...sorry you're in that situation!
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| Posted 3/14/06 4:30 PM |
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Re: We can't go anywhere...
That totally stinks!! Sorry you have to go thru this crap!
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| Posted 3/14/06 7:00 PM |
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mommy2Alex
3 babies for me :)
Member since 5/05 6683 total posts
Name:
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Re: We can't go anywhere...
That is total crap! You should be able to cancel.
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| Posted 3/14/06 7:24 PM |
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