I signed a contract with a realator for $xxxx to sale my house,do i have to sale?

Question

Do i have to sale if someone offers me what i asked

Answer 1

Ok, being in the business for over 30 years, I have encountered all the "tricks". First of all, tell your Realtor you don't want to sell now (I take it you don't). See how they want to handle it. They may volunteer to withdraw your listing from the market, I would, in case you wanted to relist again, I know you would come back to me.

Second, if they refuse to listen to you, it's your option to allow them in to show the property or not. Each time they call, refuse.

Third, I hope you're not doing this so you can sell it to somebody yourself and save the commission money. If this is the case, still sell the house to the other person, negotiate the commission with the Realtor and let them handle the details of the sale for you. You'd have to hire an attorney anyways to do this for you...

Fourth, if you just an unsatisfied with his/her service, just fire them. Talk to the Broker (owner) or the company.

Good Luck! I hope this answer helped.

Answer 2

Not sure what the question is...if you are talking about a listing agreement (an agreement with a broker that he'll try and sell your house), then the listing agreement states that if the broker brings you a buyer at a particular price, then you owe him/her a commission. It does not obligate you to accept that offer, however. If you are talking about a purchase and sale agreement (ie, a contract with a buyer to sell your house), then it depends if there are any contingencies in the contract. If the buyer has any contingencies (ie, if there are any conditions to closing the sale), you can require them to waive those contingencies or void the contract. Other than that, you are legally obligated. However, you can always refuse to close leaving the buyer the option of suing you. Risky move that sometimes works.

Answer 3

Some good stuff above. The short answer is you certainly cannot be forced to sell your house.

BUT - you do need to read the fine print. You may be on the hook for many many expenses. That being said if you JUST signed it and the Realtor isn't a complete idiot and if they haven't done any real work, they will let you walk. To me, that would just be good business.

If you had the Realtor list the house, hold open houses, etc., etc., you should, in all fairness compensate them for their expenses. That doesn't mean he should gouge, you. Just live by the golden rule and you should both be able to walk away without any hard feelings.

Best of luck!

Joe...

Answer 4

You can back out of any contract. But as usual,
most contracts specify the cases where you can back out, and penalities (if any).

If you truly dont want to sell now, I'd contact a lawyer and review the contract to see if you can back out
and what the downside is. But before that, tell your
realtor and see what he/she says. If they say no, then contact a lawyer for a second opinion.

Answer 5

You signed a Listing Agreement. You can reject any offer presented.

However, read through the Listing Agreement. It should stated that the Listing Broker's responsibility is to bring you a "ready, willing and able buyer". If they do so on numerous occassions, they may be able to sue you for the commission due.

I would advise that you speak with your agent and go over the contract with an attorney.

Good Luck!
_______________________________________________

CAROLINE SIMMONS
REALTOR®, Solid Source Realty
T. 866.894.3601 C. 404.787.8685 F. 404.745.8019
E. [e-mail]
AIM/YAHOO. Caroline Simmons

Answer 6

Make sure u add one more bathroom and plant the flower around yr compound to increase the value btw 2-5k.

Answer 7

yes