- How do I tell my realtor I chose someone else?
- Can I sell my home myself while it is listed with a Realtor?
- How does paying a realtor work?
- Can a Realtor list and sell the same house?
- Can you fire a realtor after signing a contract?
- Why do Realtors not want buyers and sellers to meet?
- Can agents lie about other offers?
- Can an estate agent lie about offers?
- How do you politely decline a realtor?
- What should I not tell a real estate agent?
- Can a Realtor sue a buyer?
- How do you know if you have a good realtor?
- Can a Realtor blacklist you?
- Do I have to disclose I am a Realtor?
- Is it OK to switch Realtors?
How do I tell my realtor I chose someone else?
All you have to do is say that you’ve decided to go with another agent and thank him/her for his/her time and consideration.
You’d be amazed at how many people never do this …
Can I sell my home myself while it is listed with a Realtor?
In most states, a seller and an agent draw up something called a listing agreement. … “If it is an open listing or an exclusive agency listing, the seller can sell the property and not have to pay the broker a commission,” says David Reiss, professor of law at Brooklyn Law School .
How does paying a realtor work?
If you’re buying a home, you’re probably off the hook for paying the commission of the real estate agents. The home seller usually picks up this payment. Typically, the fee is paid by the seller at the settlement table, where the fee is subtracted from the proceeds of the home sale.
Can a Realtor list and sell the same house?
“Agents can act as a dual agent. But you need to have the consent of both parties in writing beforehand, and the agent has to become a neutral party representing both clients,” says Mikel DeFrancesco, a top-ranked broker who’s sold over 74% more properties in Quincy, Massachusetts than the average agent.
Can you fire a realtor after signing a contract?
A: Yes, you can terminate the contract with your realtor. The terms by which the termination can be made should be spelled out in the contract. If there are no specific contract terms that spell out a penalty for early termination then you are probably not obligated to pay him anything.
Why do Realtors not want buyers and sellers to meet?
Why is it that agents are so reluctant to let buyers and sellers get together? Unlike most business deals, the sale of a home can get very personal and real estate agents are nervous about the parties dealing with each other. That’s because most agents have seen what can go wrong when buyers and sellers meet directly.
Can agents lie about other offers?
And if a listing agent chooses to disclose information about the offers they already have received, it’s entirely up to the listing agent on how much information to disclose. As a result, the answer to can a Realtor lie about multiple offers is absolutely yes.
Can an estate agent lie about offers?
When an estate agent markets a home they’re legally obliged to treat both buyers and sellers fairly by following the Code of Practice for Residential Estate Agents. This means they should not lie about offers to any party involved.
How do you politely decline a realtor?
This is easy. You simply send a note: “Thanks for your time. We appreciated the efforts you demonstrated into potentially marketing our property but have decided to list our property with Suzy Seller at XYZ Houses.
What should I not tell a real estate agent?
Here are nine things you should never say to a real estate agent.“The most I can pay is $600,000” … “I think the property is worth X dollars” … “My current property settles in one month and I need a new a new place before then” … “I’m so nervous/ stressed/ upset” … “This is the property of my dreams and I need it!”More items…•
Can a Realtor sue a buyer?
Just as any person or entity is entitled to file a lawsuit against another, a real estate agent can sue you, whether you’re their client or another party to a sale. When a real estate agent does sue, it’s usually over a breach of contract or because they feel a commission has been incorrectly withheld.
How do you know if you have a good realtor?
Below we discuss 3 signs that you have a good realtor:Communication. A good realtor has good communication skills. A realtor who communicates without flaws has the power to influence. … Knowledgeable. Good agents possess market knowledge. The knowledge of the market makes them responsive and available. … Resourcefulness.
Can a Realtor blacklist you?
What can I get blacklisted for? In every state except the Northern Territory, strict legislation prevents a landlord or agent listing you on a rental blacklist without a good reason to do so. … And only if you owe rent that’s greater than your bond, or if a court or tribunal order states that you must be listed.
Do I have to disclose I am a Realtor?
A: The same way as you would sell a house to a regular buyer. However, you must disclose on the contract that you are a licensed Realtor. … if you like what you hear, then place an offer like any other deal but disclose you are a Realtor.
Is it OK to switch Realtors?
It is possible to change real estate agents and it’s better to do it sooner rather than later to avoid wasting your time and theirs. Though it is completely possible to change agents, sometimes we aren’t even certain if the situation has reached that point.