I would suggest that you read your contract again. If there's an agreement to sell and it is signed by both then it's binding. I would suggest that you hire an attorney at this point and have the attorney explain what your legal rights are and how to take care of this situation.... more
Having built and sold homes for almost 20 years; this was my experience. I would always give a listing to an agent, upon request. Without exception, the realtors would claim that I was asking too much money for the home and that the price should be reduced. The homes were actually fairly priced. I had an advantage because I was selling my product with honest enthusiasm and not confusing prospects by showing them 10 different homes. During the 20 year period, the only homes sold by realtors were the first 2 or 3 built. I began to do the selling myself because there was always a discrepancy in perceived value. When I sold my last personal residence, a realtor had the listing, provided great advertising and open house presentations but could not sell at the fair asking price. I offered someone involved with the development a fee to simply have the next qualified party, who entered the neighborhood for the purpose of looking at homes for sale, ring my door bell and ask to see the house. Sold at asking price; they loved the home which was an awesome home for the full and fair listed price and I paid the lady who did this for me the agreed upon amount.... more
As a former realtor the truth is realtors are well trained to TELL sellers what their commission is and be firm about it. Realtors will do whatever it takes to AVOID ANY negotiations. There is the silent treatment, the mythical effect of what a 1% commission reduction does, the variable marketing strategies for different commission rates, etc. It's all part of our training. The bottom line rule is NEVER EVER tell a seller that the commission is negotiable. That's the kiss of death. If a seller doesn't know it, the better it is for the realtor. So it's hush - hush.
As for you, the seller, you need to negotiate hard. Be prepared for pushback and for realtors to manipulate everything you say. Remember, they deal with sellers everyday - you don't. What helps is if you offer something in return for a reduced commission. Do the following: ask for an itemized invoice for any marketing and pay for it separately (write a check to the realtor); pay the professional photographer; verify your property details with the county (go there in person and ask for the property card and make a copy); don't pay for any add on services; do an Open House, etc. Whatever you can provide deserves a 1% commission reduction. Make sure you get this in writing. It MUST BE IN WRITING ON YOUR LISTING CONTRACT. Anything verbally said does not count.
Other issues you need to be aware of: Interview at least 3 - 5 real estate agents. Analyze or review the comparables very carefully. Make sure the comps are within your neighborhood, recently sold or pending, similar condition, square footage, lot size, etc. Make any adjustments if the homes are different than yours. Look at the interior pictures. You should also visit as many Open Houses in your neighborhood as possible. Compare the For Sale homes to yours. Adjust to come to a realistic price for your home. NEVER overprice your home. Any realtor that "promises you" or "tells you" that they can sell your home for a higher price - kick them out of your house. What will happen is that agent will beg and plead with you to lower your asking price in 2 - 3 weeks because there are no buyers interested. This is a complete waste of your time.... more
I have done this sold my house after 18 years took two years to sell
my husband is older than me and gets sick and could not do much everything was fulling apart and if we did not sell we would have to fix everything
the worst thing we brought a home I do not like and have trouble adjusting I hate myself and do not now where to start and the other thing I have a gorgeous looking son he is 14 years old he has no confidence likes to hear and stay at home and has no friend I am worried about all of this I have no life with my husband anymore he just like to do just cook and do things around the house I am not that keen on doing all he likes to do we have done nothing but this all the time and always had to redo things due to not doing things the wright way in the first place
he just says nobody had total him what do do
I do not not what to do and am very scared in life I may Evan do something to myself I get very sick of life... more