BEST ANSWER
Hi Steph, agree with others - the listing is the formal agreement to promote/market the home. The larger issue is whether you sellers collectively want to sell.
Other responders are right, if an offer does materialize all owners will have to sign off in agreement to the offer and so the listing could remain live and offers simply not accepted if they come up, but that seems silly. If it is clear that you do not have the agreement of all ownership parties to sell, then make that known to your agent/broker. It could make sense to withdraw the listing from the market.
The question as to your position if 2 out of 3 owners want to sell is a legal question to take to your attorney.
Good luck to you!
Best,
Jeannie Feenick
Search and connect at http://www.feenick.com
Wed Aug 13 2008, 15:40