If I sign with a new realtor after my contract expires with my old realtor do I have to reimburse her costs?

Question

The contract I have with my current realtor listing my home expires next month. I already have a different realtor I want to list with the day after my current contract is up. I want to know if I have to reimburse the old realtor for costs she had for advertising, etc if she didn't sell the home within her contract time and I list with someone new? This is in Texas if that makes a difference. Thanks!

The contract I have with my current realtor listing my home expires next month. I already have a different realtor I want to list with the day after my current contract is up. I want to know if I have to reimburse the old realtor for costs she had for advertising, etc if she didn't sell the home within her contract time and I list with someone new? This is in Texas if that makes a difference. ***EDITED TO ADD*** I firmly believe the reason this house hasn't sold is because my realtor and her company are too inexperienced and cannot market it in the way it needs to be marketed.

Answer 1

Chances are no, unless it specificly states in the contract that you are paying for costs incured by the agent during the course of the listing. maybe you'll get lucky and your current agent will get it sold before the listing is up and you won;t have to worry about it. good luck

Answer 2

You will have to pay a commision to the other realtor if 3 days after the listing contract expires, he hands you a list with the names of people you or he showed your house to, and that person enters into a contract to buy your house, with a realtor. However this only applies for the succeeding 45 days after the contract expires. If he does not hand you that little paper or he does it after 3 days then you owe him nothing.

I however feel we as realtors should charge a fee to sellers even though homes dont sell. You know a simple color flyer could run up to a dollar.

Lori must be a new agent not to know this and give you a simple no.

Answer 3

The contract changed into void and null. in case you signed an grant, the broker universal it without ameliorations, there would were a binding and enforceable contract. in spite of the indisputable fact that, in you case, you signed the provision, the broker further a clause on it; then there will be a counter grant. You, because the customer has to settle for the counter grant to make the contract binding. Now, you suggested you probably did not study about the counter grant, and also you probably did not initial the further clause (or ameliorations), then you actually can evaluate your unique grant voided. To be danger-free, you should the contact a legal professional. as far as i understand, you've been out of the deal. you should report a criticism about the Realtorr. He must be disciplined. with regard to the fee: it really is real that the Realto changed into no longer doing his pastime correct. And it really is real he ought to no longer deserve any fee in any respect. in spite of the indisputable fact that it really is somewhat likely the broker would nevertheless ought to pay the fee once the deal is closed because the Realtor had already did his pastime. no count number it changed into sturdy or undesirable.

Answer 4

As long as you sign with another Realtor in most cases they are not owed any moneys, not unless you signed the contract agreeing to pay their advertising cost?

Answer 5

Unless it was specified in the contract, you are not responsible for reimbursing the costs, especially if it was contingent on the sale of the home. Make sure and check the fine print on this one, they frequently slip those clauses in without bringin them to the home owner's attention.

Answer 6

Hi

I am a realtor In Ca, and the answer is NO

Answer 7

Well,as far as I know they do not get commision if there is no sale. This is a good question to ask before you sign any more papers.Good Luck!!

Answer 8

No way sound like the bubble is breaking.

http://www.breakingbubble.com/index.htm