When a home seller retains a real estate agent to list their home for sale, it is typical practice for the real estate brokerage to require the seller to sign a 6 month listing agreement. But what if the listing agent doesn’t deliver what he or she promised? The seller is stuck in a deal they can’t get out of.
That has never seemed very fair to me!
Yes, when I list your home for sale, I will write up a 6 month listing agreement for you to sign. But here’s the difference.
Look at the screenshot below. This is written into every listing agreement I produce.
It says “Seller may cancel this agreement with 24 hours written notice at any time after property has been listed for sale on the MLS for 30 days or more without a sale having been agreed
I am proud to say that nobody has ever invoked that clause since I have been listing homes for sale.