Question Details

Kids&me, Home Seller in 12533

How to fire my agent if I cannot work with him anymore?

Asked by Kids&me, 12533 Thu Oct 4, 2007

Not personal. But if I cannot work with my selling agent, what can I do? What's a common easy way to cancel a listing agreement. Or what should I have done on the contract? Should I have specified a shorter term?

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Answers

7
In Indiana you can sign a mutual release form. The Broker will want to know the reason and may offer to reassign you but if no common ground can be achieved, they should be willing to release you. Keep in mind however that if a Broker has put out money for advertising your property then you may be obligated to reimburse the broker for those expenses. A listing contract is a binding, legal document and it will hold up in a court of law - so you should approach this in a calm manner and be specific when you explain your reasons for requesting the mutual release. Good Luck.
0 votes Thank Flag Link Fri Oct 5, 2007
Kids & Me:

If your agent works for a brokerage and they are not the broker, then the broker "owns" the listing and your agent is servicing it. Therefore, you can ask the broker for a different agent, if you can show good cause and the broker agrees.
0 votes Thank Flag Link Fri Oct 5, 2007
Kids & Me
You have some great advice here.
Sometimes the Realtor bears the fault because the seller is not willing to do what is necessary to get a home sold. Sometimes the Realtor is unable to communicate effectively to the seller what needs to be done.
I would caution you that in most cases, price is the key reason a home does not sell. Buyers are looking for value. If homes like yours are selling, then as the seller, YOU have the control of whether or not your home sells, not the Realtor.

If the Realtor is sharing showing feedback and market data with you, you should know what needs to be done to get your home sold.
Good luck
0 votes Thank Flag Link Fri Oct 5, 2007
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
Discuss it w/ the Realtor who listed your property. Sometimes that Realtor has the authority to release you from the listing agreement, and other times, only the broker can do it. For each company, the broker determines the policy on where that authority is vested.

Whether or not I release a listing might depend upon what the reasons are for the request. Unfortunately, there are sellers who will attempt to go around the Broker/Agent to cheat the person/company out of an honestly earned commission. I am not suggesting that is your objective, but wanted to make you aware that agents/brokers must look to this possibility since it does happen.

The cancellation terms are defined in the lisitng contract and can range from as simple as a written request to rare exception.

A shorter listing period of not an answer. Shorter listing periods speak to a weak commitment on your part, and in turn can easily garner a weaker commitment on the part of the broker/agent. An Realtor who is only going to get paid upon selling your property will work harder for you when you make a full commitment to them. In a short term listing, you often find weaker marketing components. Instead of pursuing a short term listing, define the cancellation policy if the Realtor fails to deliver the commitments made. This provides you an out for solid basis while giving you and the Realtor benefit of a stronger working relaitonship.
0 votes Thank Flag Link Fri Oct 5, 2007
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
Contact
I have a clause in my contacts that say Cancel at anytime. Of course listing contracts must have a beginning and ending date. I just add " Cancel at anytime" under additional terms. I look at the relationship between client and Realtor as a lot like dating. We just met each other there is no sense in being married.
If you don't like me I probably don't like you.
As for firing your agent. Lay it all out on the table or email. Tell the Realtor you want to cancel, if the selling agent says no. Talk to the broker.
0 votes Thank Flag Link Fri Oct 5, 2007
Mr.P, Other/Just Looking in Arizona
MVP'08
If you want to fire your agent, and it's not personal, what are the reasons? There are no easy ways to cancel a listing agreement. Take your reasons to the agent and ask for a release. He may not be able to give one to you without going through his broker.
If you get out, be sure to ask the next agent you hire what his/her policy is if during the term of the listing agreement, you are unhappy and want out. I always let my listers know that I will release them from the listing agreement at any time during the listing period if they are unhappy with my performance. It's my 100% Satisfaction Guarantee. I don't want anyone to have to work with me. They work with me because they want to! A shorter term isn't the answer. I would recommend you interview people at length before deciding who to hire. It's an important decision. You will have to work with the person for 6 months or more.
Web Reference: http://www.dianeglander.com
0 votes Thank Flag Link Fri Oct 5, 2007
If you are not satisfied with your agent there are a couple of things you can do. The first, of course, is to discuss the situation with the agent. If you have already done that and it didn't help you should contact your agent's broker. Usually the broker will try their best to resolve the issue and one thing they may do is to assign a different agent from their office. If none of this works contact your local or state Real Estate Board or Association. The local Real Estate Board should be able to provide guidance on the matter.
0 votes Thank Flag Link Thu Oct 4, 2007
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