Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 03-12-2010, 02:24 PM
 
1 posts, read 1,529 times
Reputation: 10

Advertisements

My contract with the realtor expires April 30, 2010. When I put my house on the market I thought I would be able to find what I was looking for in my price range. There were so many places that looked good in the ads but each one turned out to be absolutely horrible! I only showed my house twice and was hoping the contract would just run out and I wouldn't have to worry about it. However, someone has looked at my house and is interested. I don't want to move now. How do I handle this? My contract makes no mention of terminating or of penalties for pulling my house off the market.
Reply With Quote Quick reply to this message

 
Old 03-12-2010, 03:02 PM
 
Location: Sterling, VA
1,059 posts, read 2,963,195 times
Reputation: 633
For you to owe a commission to the listing broker (unless the terms of the listing agreement were modified) your agent must bring a ready, willing, and able buyer and a written offer. Expressing interest is not an offer to buy. If this has not happened yet, call the listing broker and tell him/her you want to withdraw your house from the market. Follow this up with an email documenting the conversation and ask for the withdrawal form so you can sign it right away.
Reply With Quote Quick reply to this message
 
Old 03-12-2010, 03:04 PM
 
216 posts, read 633,123 times
Reputation: 56
You are no obligation to accept any offer, so if you don't want to sell, just reject the offer and wait for the listing agreement to expire.
Reply With Quote Quick reply to this message
 
Old 03-12-2010, 03:15 PM
 
Location: Sterling, VA
1,059 posts, read 2,963,195 times
Reputation: 633
No, you are not obligated to accept an offer. But, as I stated earlier, if you receive a full price offer from someone who is able to qualify for a loan to buy or can pay cash, you will owe a commission to the listing broker. Very dangerous to just let the listing expire, it could cost you a lot of money.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia
Similar Threads

All times are GMT -6. The time now is 06:47 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top