Hrhpta, Home Buyer in Winnebago, IL

can an illinois realtor reduce the price of my house on the mls without my signature or initials?

Asked by Hrhpta, Winnebago, IL Mon Aug 29, 2011

Help the community by answering this question:


In short, the answer is no. Make sure you didn't agree to systematic price reductions as a part of your initial listing contract.

Speak with the agent to find out why they did it and what gives them the power to do it.
speak with the agent's broker and let them know what happened and that you are not happy.
if that fails, speak with the local board of REALTORS then the state department that is responsible for licensing and file a complaint.

It's more than real estate. It's RAYL-Estate!

Brian Rayl
Keller Williams Elite - Dallas, TX
1 vote Thank Flag Link Mon Aug 29, 2011
Absolutely Not!!! If you speak with the agent and they do not fix the pricing contact their managing broker/superior or board immediately! I hope this help.


Ty Cotton
American Patriot Realty
708-699-8945 cell
708-261-0078 fax
0 votes Thank Flag Link Thu Mar 7, 2013
You are shown here as a home buyer. Your question appears to be that of a home seller. As a home seller the agent can not change your listed price without your permission. If you never agreed to a price reduction call your agent and let him/her know you did not authorize any price reduction and want the price changed to $____. If the agent does not cooperate then contact their managing broker of the office and request that they address your issue. In addition, you can contact the local mls and file a complaint against the agent if all else fails.

All the best,
Gary Geer
0 votes Thank Flag Link Tue Aug 30, 2011
The quick answer is "no" .
0 votes Thank Flag Link Tue Aug 30, 2011
Alan May, Real Estate Pro in 60201
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