real estate


Question by  theid28 (15)

Can I get out of my contract with a real estate agency?

I would like to fire my real estate agency but do not know if I will be held to the contract or not.


Answer by  patti (29325)

Review the contract. The responsibilities of the seller and the agent should be very clear. If the agent is not keeping up his/her end of the contractual agreement, that could likely provide reason to terminate the contract. Discuss it with the agent in a "good faith" effort to resolve any issues before attempt to terminate the agreement.


Answer by  tamarawilhite (17883)

If your home has not sold in a reasonable period of time or if you are not getting serious offers or visits, you can give them a warning that without better service you will cancel their contract for failure to perform. Give them at least one week warning, then get another agent.


Answer by  patti (29325)

Read the contract, which should clearly state the duties of both parties. If the real estate agent is not performing as agreed, you may have grounds to void the contract. The contract may also contain language that details the reasons the contact may be broken. First, talk to the agent to resolve the issue, then speak to the broker.


Answer by  noey1958 (1405)

If you have a need to get out of the contract to save money on the sale it will be hard. You get a lot more with suger than you do with vinegar. Ask them nicely if you may terminate the contract. They might let you break it.


Answer by  Devin98 (487)

In order to release the agent you are working with, you must place your request in writing and present it to the agent who will provide you with the proper paperwork to end your agreement.


Answer by  tuppyqueen (311)

I have known several people to do this and their contract has not been affected. They were able to go with another agency with no problem

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