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Old 10-26-2008, 03:47 PM
 
3 posts, read 8,464 times
Reputation: 10

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We're moving to another state, since my husband is being relocated with his job. As soon as we heard this news early on, we quickly listed our home for sale. We listed with our choice of realtor (Agency A) We now have found that the relocation agency (Agency B) selected by my husbands company is "handling" all the closing cost distribution, ect and we WERE supposed to hold out and list with THEM. We need the closing costs and Agency B wants a cut of the commission from the sale of the home. They're even willing to work with Agency A and let them keep the listing, but want a cut. Does this sound right to anyone? WE NEVER signed a contract with our original agency, they havent done that great of a job, and now I'd prefer to just pull the listing from them, since they're talking like they dont want to share the $$$. BUT they are telling us that the MLS listing serves as a contract. Is that true? Or can I just pull the listing and give it to Agency B since it's in my best interest?
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Old 10-27-2008, 11:45 AM
 
Location: Lehigh Valley, PA
242 posts, read 771,937 times
Reputation: 45
Hello laralad,

Some of the details are sketchy here. but If there is NO contract between you and Agency A to list your house, I not sure how there is a signed agreement between you and the agency on Length of contract and compensation. So they could say that they had consent, but that leaves enough doors opened for an attorney to drive a truck through....

A simpler way would be (if you do not have an agreement of sale in place from a buyer) tell agency A (who you currently have your listing with) is unwilling to work with Agency B (who you should have been working with and is willing to work with agency A) tell agency A that you would like your home withdrawn from the marketplace. That would have the agency stop marketing the property.

And with that, you may have to deal with a expiration date of the listing if you have ever seen it or consented to it since there is NO listing agreement in place.

Sorry I can't be more concrete but some of the details are a little sketchy.

Thanks
Jeff
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Old 10-27-2008, 03:34 PM
 
3 posts, read 8,464 times
Reputation: 10
Thanks Jeff, We just found out this evening that Agency A has decided to split commission with Agency B, since it's in our (their customers) best interest, which came as a total shock to me. Looks like it's easier to take the bath and make a little bit of cash than to get into a legal battle. Thanks for your knowledge and time! LL
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Old 10-28-2008, 08:01 AM
 
Location: Lehigh Valley, PA
242 posts, read 771,937 times
Reputation: 45
Glad to hear it worked....normally it does...and good luck with your home selling and relocation.
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Old 12-12-2008, 12:05 PM
 
Location: Charlotte, NC
24 posts, read 59,071 times
Reputation: 39
You (your husband) probably could have simply asked his company if you could use Agency A since you had already established a relationship with them. His company probably wouldn't have cared as long as Agency A was willing to reimburse your husband's company.
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Old 12-12-2008, 05:18 PM
 
Location: Lehigh Valley, PA
242 posts, read 771,937 times
Reputation: 45
Hendrix,

Just FYI, some companies employ relocation companies that only work with certain real estate agencies...(and sometimes it even has to be a different comapny then the one that did the BPO).
Its a little more complicated (at least RELO companies make it that way) then one would think.

thanks
Jeff
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