Home Selling in 77025>Question Details

Betty, Home Seller in 77025

Is it possible to get out of the listing contract..I decided I can NOT sell my home ? It has been on the market for only 3 weeks.

Asked by Betty, 77025 Sat Jan 28, 2012

Help the community by answering this question:

Answers

5
Hi Betty,

As previously stated the first thing you would need to do is contact your listing agent directly with a notice to withdrawal your property. If there are any out of pocket expenses incurred by the agent, then any negotiated reimbursement would be listed in the listing agreement.

Selling a home can be a very stressful event, and although a good agent can help in alleviating that stress to a degree, ultimately you the home owner know what's in your best interest.

Nasyim Segal, Broker Associate
Boulevard Realty http://www.SegalRE.com
0 votes Thank Flag Link Wed Mar 27, 2013
Yes you can get out of your contract with written notification to the agent. You don't even need a reason.
Web Reference: http://har.com/jlindsey
0 votes Thank Flag Link Thu Feb 16, 2012
Betty,

Just talk with your agent about changing your mind about selling. They should be considerate and let you out of the agreement. Most agents don't want an unhappy customer and will be happy to assist you when the time is right for you to sell.

With that said, even with your home being on the market for a short period of time, the agent has incurred some expenses relative to putting the home on the market. Some of these costs could be photos (I pay a third part about $125 for pictures), flyer, printing, time and energy to measure the home, put up the sign, do a brokers open house, advertise it in a local magazine, etc. You may want to speak with your agent about making them whole for some or all of these upfront costs that your agent has spent on your behalf. (Not to mention the possibility of lost revenue from working with you when they could have spent the time working with a client that was ready to sell.)

Just treat them like you would want someone to treat you. With respect for them as a professional..

Best of luck to you!

Chris
0 votes Thank Flag Link Fri Feb 3, 2012
Betty, if you changed your mind and are not selling the property, just contact your agent and state you are taking the property off the market, and wish to withdraw your property from all advertising and marketing. If you are looking to switch agents that's totally different.

Changing agents require a long chat with that agent, their manager and reasons for wanting to terminate that relationship. No-one can force you to sell your property if you don't want Betty.

Best of luck,

Rob
0 votes Thank Flag Link Sat Jan 28, 2012
Betty,

Most brokers and agents can be understanding but would require the reasoning behind your change of heart.

Your best bet is to begin by having a heart-to-heart with your listing agent explaining why you have changed your mind....Expect them to try to convince you that there are reasons why you should move forward with your plans to sell.

Regardless of whether or not you are under contract to sell your home.....most people in real estate can appreciate a change of plans.....especially one with solid reasons.

Good luck,

Bill
0 votes Thank Flag Link Sat Jan 28, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer