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10-07-2007, 06:16 PM
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Junior Member
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Join Date: Oct 2007
Location: P.G. County, Maryland
8 posts, read 6,160 times
Reputation: 12
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My broker let me out of my listing agreement!
The “Principal Broker” of the real estate company that I entered into an exclusive listing agreement with has agreed to release me from the agreement that I have with his company. He told me to write something up terminating the agreement and he will sign it – he does not want to force clients to do business with his firm. The problem is I do not know what I should say. I would greatly appreciate any help that any of you can provide on language to terminate the agreement.
BTW, the listing agent that I was working with changed companies two weeks ago and wanted to take my listing with him. Since he refused to aggressively market my property during the five months he had the listing, I said no way and orally told him that I want to terminate the agreement. Needless to say, he was not happy.
Thanks for any help that any of you can provide.
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10-07-2007, 07:49 PM
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Union County Booster Club - Treasurer
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Join Date: Aug 2007
Location: Wouldn't you like to know?
4,227 posts, read 2,901,169 times
Reputation: 1034
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There's your first legitimate reason. Not aggressively marketing your house.
I am terrible at proper wording for stuff like that...(I just call the listing agent's boss and get him to send me the teriminating papers... 
When you do look for another agent, please make sure you do your due dilligence finding a good one...it is very difficult. |
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10-07-2007, 08:31 PM
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Real Estate Agent
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Join Date: May 2007
Location: Virginia Beach, VA
2,093 posts, read 1,848,268 times
Reputation: 586
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You don't have to state why. You can just write up, as of xxx date we wish to terminate our listing with your brokerage firm. It is our understanding with this written notice that this will take effect immediately. Please inform us when the listing has been withdrawn from MLS by sending us a copy of the withdrawal. thank you for your prompt attention to this matter....
over and out...
Shelly
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10-08-2007, 06:57 AM
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Real Estate Agent
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Join Date: May 2007
Location: Palm Coast, Fl
2,010 posts, read 1,629,993 times
Reputation: 645
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Write in there that it is an unconditional release and voiding the original contract.
There are different types of withdrawals in my area, I don't know if there are in yours. Better to be safe than sorry.
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10-08-2007, 02:39 PM
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Real Estate Broker
Status:
"If you find yourself in a hole, quit digging."
(set 20 days ago)
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Join Date: Jul 2007
Location: Mountain Ranch, CA The heart of Calaveras County
2,494 posts, read 2,135,425 times
Reputation: 990
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IN CA there is a real estate form for releasing a listing. Modification of terms is the name of it. I'm blown away that the broker in your case is too lazy to provide you with a form for you to sign. It would be in his best interest to fill it out anyway.
Perhaps it's different in other parts of the country.
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10-10-2007, 02:35 PM
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Junior Member
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Join Date: Oct 2007
Location: P.G. County, Maryland
8 posts, read 6,160 times
Reputation: 12
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Thank you all very much for responding to my post. This site is awesome!
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