Loading...

How to Get Out of a Realtor Contract

565 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Oct 18, 2013

In a contract with your real estate agent that you want to get out of? How to get out of a realtor contract fast!

Do you know how to get out of a realtor contract?

Is your realtor that bad?

She isn't returning calls or handling customers fast enough. And every month our house is on the market, I'm paying two house payments.

Read the contract. The contract may specifically say that if the realtor isn't responding in a reasonable time period, you could get out of it.

What's another option?

If you decide you aren't going to sell it, you could cancel the contract.

Well, I have to make the house payment.

If you decide to try to rent it, you could cancel the realtor contract.

That might not work, because I actually want to sell it.

Talk to the realtor. She may not have the time to do a good job and voluntarily terminate the contract.

So if we both agree, we can cancel it.

You may just need a better agent. Some realtors let you cancel a contract with one agent as long as you sign up with another.

I need a better agent. Dave Ramsey says a realtor who is breathing should move a house a month, and ours is sitting for months.

Look for contractual breaches. Is the realtor not showing the house as many times as shown in the contract?

And my last resort is going to court, of course.

Sometimes just threatening to go to court can cause the realtor to cancel the contract and release you.

Free at last! Free at last!

Except for the mortgage payments.

If I get a good realtor, then that ordeal will be over soon.

And remember that it could be your fault, too, if you have the house overpriced. Or if it's messy, or if its -

I get the idea. Let me find a better realtor, and then follow that person's advice to sell the place.

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...