If you mean you want to cancel your listing with the Broker and be free to list elsewhere - that's not so easy to do. You'd need the Broker to agree to give you an "unconditional release" , which would then allow you to move forward with another company. You'd need to work this out with the agent and Broker.
If you mean cancel a SALES contract that you have entered into with a buyer..........that depends on the contract, and what contingencies there are that have not been satisfied.
Ask your agent where you stand, or better yet.............check with a real estate attorney to see what legal rights you have.
cancellation there is always the issue of "EXPOSURE" ! The
other party dosn't need to prevail to cause a problem-all that
needs to be done is create a "cloud on the title " and you are in
place for your "worst nightmare ". Carefully consider what you are
trying to acheve then get good legal advice as to how cancellation
wil help you! Best of Success! Get good Legal opinion before making
Bob Brubaker Highlight Realty Palm Beach County Fl. 561-876-6649
A very interesting question and a topic I had not too long ago with an attorney who only deals with real estate. Her take on your question was it would be very difficult to find a judge who would rule favorably on any specific performance lawsuit, especially if any case was properly presented on the plaintiffs behalf. While it seems crazy if I take this literally it would mean a seller could essentially say a couple minutes prior to closing that they changed their mind and if properly represented the ramifications would be minor.
If you are in a situation where you need legal advice please consult a capable lawyer who will be happy to assist you.
The very best of luck to you and I hope this information is helpful but if you need anything additional please do not hesitate to give me a call.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty
Are you talking about your listing agreement with your listing agent's brokerage to market and sell your home, or are you talking about the real estate contract you signed with a buyer?
Two very different contracts....
There is in most cases always a way, depends on the reasons and what the terms in the contract or agreement say, therefore it is more a legal question ...... you can ask your listing agent's opinion based on the contract terms and then get more detailed legal advice from a good real estate attorney if that becomes necessary.
We cannot really give you any legal advice here and we do not know the terms in your contract either
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Good luck and I wish you the best. if I can assist you further, please contact me.
Farber & Co
Read the agreement to see if you owe them anything for cancelling early. Some companies charge cancellation fees but most do not.