How do I let my agent go? Termination?

[2bindenver]

talk to you lender about a loan modification - or visit/call the Colorado foreclosure helpline at Colorado Foreclosure Hotline

In CO - generally you have to be 4 months delinquent before the lender can file a Notice of Election and Demand with the Public Trustee and then the sale is 120 days after that.

[Austin-Willy]

Originally Posted by Brandon Hoffman

He also volunarily agreed to to give the agent 6 months to sell the home and now is considering breaking the contract after 3. The client has not met the terms so they could agree to mutually change them. If the Realtor thought he had 6 months, the rug is getting pulled out early. If he had known up front he only would get 3 months, perhaps he wouldn't have paid for those things.

Re-read the OPs posts. There is absolutely no basis for claiming that the seller is considering "breaking the contract." Or that the seller has not "met the terms" of the listing agreement.

[Brandon Hoffman]

The thread is about how he can terminate his realtor. I think that infers intentions, however, my post was in reply to the posters that say he owes nothing because the Realtor didn't sell the property. Under the "if" game "if" he fires his Realtor he has not held up his end of the contract either.

[MsFancyPants]

Originally Posted by Austin-Willy

Ah. There are lots of interesting things. Such as agents who cite the risks they take of not getting paid as justification for the amount of commissions they collect only to later feel an entitlement to have the risks picked up by someone else. Should they get a 15% gratuity also?

Great post, Austin!

[BootStrapTX]

Originally Posted by Brandon Hoffman

If the Realtor thought he had 6 months, the rug is getting pulled out early. If he had known up front he only would get 3 months, perhaps he wouldn't have paid for those things.

If the Realtor thought he had 6 months with a client who only has 3 months of resources, that Realtor failed in their client assessment.

[sellerintrouble]

I signed "Exclusive sale and listing agreement" to sell my house. The price reduced 2 times and still no offers for 2 months. So we decided to take off the market and I feel so defensive when my agent asked us to sign a "conditional release form". I understand we get out of the market before contract expires. But when I read more from the agreement, it said , " Further, if Seller shall, within 6 months after the expiration of this Agreement, sell the Property to any person to whose attention it was brought through the signs, advertising or other action of Broker, or on information secured directly or indirectly from or through Broker, during the term of this Agreement, Seller will pay Broker the above commission." Does this mean that this agreement is valid for 12 months when signed? Any feedback will be appreciated.