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JC, Real Estate Pro in Los Angeles, CA

I signed a contract with a real estate company a while back, can I end it?

Asked by JC, Los Angeles, CA Fri Jun 27, 2008

I signed a contract with a real estate company years ago and the agent said she would put an end date but she did NOT, so it has no end date. They haven't sold any of my properties for the past year. I want out but she left the contract open. Is there any recourse I can take to close that and move on some another company to sell my homes? Our agent is NOT answering direct questions, he doesn't seem to know anything about what is owed on the property, a lot of unusual stuff. Thanks

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Answers

5
J, I do not believe the contract is valid without an end date - that is a violation and the agent should know better.

You have to have an agent you can trust. Your properties have been on the market for a year? Is there something unusual about your property(ies) that make them difficult to sell?

You may want to give your agent a notice in writing that you wish to end the contract and that the contract may not be valid without an end date and that you will take this to the DRE if necessary.

Let me know if I can help!

All my best,
Dot Chance
The Chance Team
Keller Williams Realty
http://www.DotChance.blogspot.com
Web Reference: http://www.DotChance.com
1 vote Thank Flag Link Fri Jun 27, 2008
Hey J,
You may contact the broker to discuss the issue. The broker has the authority to cancel the contract. You should be able to do that.

Good luck,
Charita King 562-276-8681
1 vote Thank Flag Link Fri Jun 27, 2008
Hi J, not sounding like an "ethical" transaction between yourself and the Agent. I have a Fresno office and would be happy to put you in touch with someone there who may be able to help. Give me a call or email if you would like. Best of Luck! The Coach 209-758-3113 or thecoach@prucalifornia.com
Web Reference: http://askEB.com
0 votes Thank Flag Link Sat Jun 28, 2008
J, I agree with other Realtors. The Broker of company should be able to make things right for you.
Sandy
Web Reference: http://www.sandysenger.com
0 votes Thank Flag Link Sat Jun 28, 2008
Hi J,

Dot is correct. A contract to be valid has to have a beginning and ending date. The agent has violated the law and you should talk to the broker in charge.

Best of Luck to you and not to worry!

Homa
Broker Associate
Prudential California Realty
Mission Viejo
0 votes Thank Flag Link Fri Jun 27, 2008
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