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Question
We recently signed a "listing contract" with a realtor. The selling price was not listed in the contract because it would be determined later after upgrading the house and the property has not yet been listed in MLS. Is this contract in force even though there is no listing price and has not been listed or marketed in any way at this time?
You have no lising, G Deluxe. Further, to protect yourself I suggest you contact the broker (the manager and/or owner) of the real estate office that you do not have a valid listing contract and tell him/her why. Chances are very they will agree with you and they will then chew out the agent who took such a listing.
You see, every listing taken by a real estate office's agents BELONG to the broker. Therefore, the broker is the owner of that listing. The broker is the only one that can actually cancel it. Not the agent, unless the agent happens to be the broker who took the listing. I wish you well.
Dick Dennis
dixiedee13@aol.com
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Answers by Expert:
- Dick Dennis
- Jessica Bryan
- liznarr
- Hans Weber, Licensed Broker Associate
- Sue Bernstein
- Karyn Foley
- Dottie Worthington
- Jim Root
- Russel Ray
- Connie Wildasinn-Broker,GRI,RealtorŪ
- Todd C. Menard
- Diann Tonnesen
- John Hendricks
- Jay Denit
- Matt Heisler
- Lisa Webber
- John
- Laurie Stephenson
- Marvin G. Bobbitt, III
- Nori J. Muster
- Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO
- CJ Brasiel
- Jeff Kessler
- Kathryn Hisert
- Emily
- Ted Lewis
- Kerrin Kostelic, FL Broker Associate, GRI, AHWD
- Tim Norris
Dick Dennis
Expertise
With more than 41 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter, The Landed Gentry. It can also be sent to you via PDF.
Experience
Solving real estate problems for 37 years.
Organizations
National Association of Realtors
Publications
Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
Education/Credentials
e-Pro Realtor, Certified Distressed Property Expert, Who's Who in Creative Real Estate
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