Saturday, September 29, 2012

How Do We Get Out Of A Contract With A Real Estate Broker ...

questions

Q: We listed our home with a broker in May. Since the listing we found out through another Realtor that the asking price of our home was dropped $2000.00. We were not aware of the drop because we had not spoken to the listing broker about any price drop. When we called our Realtor and asked about the price drop she denied it.(This was in the middle of August). She was also questioned that same day about signs that where suppose to have been placed in different locations leading to our house the day it was listed.(That where not). She said that she would put the other signs out and put a brochure box on the sign in front of the house. We drove to the listed house about a week later (as we have already moved into a new home) to mow the yard and trim before it was to be shown the next day. While at the listed home we grabbed a brochure out of the box. The price did reflect a $2000.00 price drop, which we were told did not happen. Called the realtor the next day and asked what was going on? Why did she lie and tell us the price hadn?t dropped when in fact she had dropped it without our consent). Point being she LIED?. After asking what was going on she lied again to cover the first lie. This time as shes talking to my husband she says ..Well I know I talked to somebody, Your wife said it was OK.(NOT) Another Lie. We hadn?t talked to her (the Realtor in about 2 months) No communication of any sort good bad or otherwise. My Husband told her to take her signs and lockbox of our door she was done. We are not about to deal with a Realtor that has no morals or ethics. LONG STORY SHORT WE WANT HER OUT!! ?Deb, Glencoe, MN

A: If your Realtor is with a company, she probably has a managing broker (unless she is the managing broker). You should speak with the managing broker about terminating the listing contract. Given the facts and circumstances you describe, that should not be a problem. If that doesn?t help, you can file a complaint with your state?s division of real estate. Phil Lunnon is a Realtor? with Lunnon Realty in Lakewood, CO.

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Related posts:

  1. Do I Have To Pay Commission If My Realtor?s Contract Has Expired?
  2. Can I Break A Listing Contract If I Haven?t Listed My Home Yet?
  3. Can A Listing Agent Take Offers On A Home Under Contract?
  4. Do I Owe A Commission To The Listing Agent After My Contract Expires?
  5. Can I Fire My Realtor For Not Showing Up To Appointments?

Source: http://www.realtor.com/blogs/2012/09/28/how-do-we-get-out-of-a-contract-with-a-real-estate-broker/

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