Home Selling in Billerica>Question Details

Jeannie, Both Buyer and Seller in Billerica, MA

what happens if I get an offer after the contract has expired and I'm just about to sign on with another?

Asked by Jeannie, Billerica, MA Thu Jul 2, 2009

agent because I don't want to continue with the one that just expired?

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4
Much of it has to do with the contract. The standard Massachusetts Exclusive Right to Sell has a clause stating that the original listing agent would receive the commission if the offer came in from efforts of that agent and if you have not signed with another agent.
Web Reference: http://www.thehousewiz.com
0 votes Thank Flag Link Mon Dec 28, 2009
Jeannie, This is definitely a gray area...Technically you no longer have a contract so you should be able to have this offer go through a your new agent but, I would suggest consulting a real estate attorney.
Web Reference: http://www.sellyourden.com
0 votes Thank Flag Link Thu Jul 2, 2009
Take a look at the contract you signed with the first agent and see how it handles this situation. If the buyer saw the property while it was under contract with the former agent then there is a period of time during wich you need to honor that contract.

Deb
Web Reference: http://homes.debn.net
0 votes Thank Flag Link Thu Jul 2, 2009
If the offer was from the period it was listed with the prior agent, it is their deal.
0 votes Thank Flag Link Thu Jul 2, 2009
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