Can Seller Cancel Listing Agreement?

Question: We signed a listing agreement to sell our Glendale home for $780,000. Our listing agent said that she had listed and sold 16 homes in our subdivision. Although our listing agent said that the listing price of $780,000 was too high, we were in no rush to sell our home in this “booming” market.…

Read More

Brokerage Firm “Owns” the Listing – Not the Agent

Listing Agreement

Question: One of our best friends is a real estate agent who lives in our Queen Creek neighborhood. We signed a six-month listing agreement with this real estate agent. After only two months our real estate agent left her brokerage firm and went to a new brokerage firm. The designated broker of her old brokerage…

Read More

Is Commission Owed if Offers Are Refused?

Question:  We listed our home in Gilbert for $280,000 after our listing broker told us that $280,000 would be a fair price.  Within three days we had seven offers on the home, including two offers for more than $280,000.  We were confused and upset, so we refused all of the offers.  We no longer trust…

Read More