Is our contract with our realtor to sell our house still valid?

Question

We're currently unhappy with our listing realtor. Now that we are on a tighter deadline (we found a property we hope to buy) she is claiming that we listed 5g above what she had suggested; which is entirely untrue, we listed the exact middle of the range she gave us on the market analysis. She is also refusing to do an open house, stating that it's pointless. Now because my husband bought our house prior to our marriage he is the only person on the title. I have not signed the Dower Consent and Acknowledgment that the contract states is neccessary in our case. Also, the contract is not signed at the bottom of the 3rd page (stating brokerage fees, deposits, and security on brokerage fees). Is our contract valid. (I was present when my husband signed it) If we 'fire' our realtor will we need to uphold the 90 day holdover period? Any other thoughts on the situation?

Answer 1

you need to talk with the agent's broker and register your concerns, whether or not you are the titled owner.  this isn't a good time to sell a home and she may be doing the best she can.  also, she's right - open houses are good primarily to attract the neighbors to see what their own houses may be worth - they do little or nothing to sell the place.  you're better off letting the 90 day listing agreement expire and hold onto it for as long as you afford to before putting it back on the market.

Answer 2

The single most important factor to consider when selling a house is the home price tag: how much your house is worth.

You don't want to overprice the house because you will lose the freshness of the home's appeal after the first two to three weeks of showings. After 21 days, demand and interest wane.

On the other hand, don't worry about pricing it too low because homes priced below market value often will receive multiple offers, which will then drive up the price to market. Pricing is all about supply and demand. It's part art and part science, and no two agents price property the same way.

You picked the middle price range..she gave you a choice. I would say, if homes like yours, in your area are selling for $300,000, put your asking price at $295,000 if you want your house to get attention.

Your selling in a buyers market..it's tough out there!

Hope the site helps you...been there ( in a bad real estate market )

There are are things YOU can do..to help !