William's Blog...with a smile!

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Mr. Seller, if you list with an agent and then try and sell FSBO...

Mr. or and Mrs seller, when yo list with an agent and then list it on Craig's list to see by yourself...You not only open yourself up to a whole list of issues, but if you would sell, you most likely will still owe the commission.

 

When you have a listing contract with an agent, selling it yourself most likely will NOT release you from the contract where in you will still owe the Commission.

 

I know of  a Sale like that.  The seller listed his house for one price and then a lower price on craig's list.  The seller sold the house and the agent asked for his commission.

 

Seller said no.  Agent told him to take the contract to his atty.  In short the atty said he had no leg to stand on.

 

If you list with an agent, trust that agent to do a good job.  But going behind the agents back only undermines the job the agent can do for you.

One other issue is the seller gave NO disclosures and did no water or septic tests...Problems loom in the future.

Comment balloon 13 commentsWilliam Feela • February 16 2016 08:02PM

Comments

William

Listing with a real estate professional  and the seller also lists it on Craigslist . . . . Not matter who sells it the listing contract is in force.

Good luck ans success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 3 years ago

That is why I use "Exclusive Right To Sell" contracts William.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) over 3 years ago

My brokerage has a form for the seller to sign that says they will do no advertising of their own.  I think that's important for fair housing issues also.  Don't want the Commission assuming it was you that wrote that ad for the perfect home to easily get to synagogue services.

Posted by Joan Dickie, Keller Williams Premier Realty (Keller Williams Premier Realty) over 3 years ago

William - Don't you just love those home sellers that list with an agent for one price, then list their home on Craigslist for another price to try and sell on their own. That is a recipe for disaster.

Posted by Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor (Good Company Real Estate www.ChandlerRealEstate.weebly.com) over 3 years ago

Hi William.  There are no laws against stupidity but there are contract laws.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) over 3 years ago

Good morning William.  It appears Conrad Allen stole my thunder, so I'll just say:  Good morning William nice post sir..

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) over 3 years ago

Good morning William. Another good example of someone who thinks they know bettter.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 3 years ago

Greed.  That's what that is.  Plain out and out greed.  A seller trying to find a way to not pay for the services they used.  

Posted by Chris Ann Cleland, Associate Broker, Bristow, VA (Long and Foster REALTORS®, Gainesville, VA) over 3 years ago

William

Noah Seidenberg is right on point . . . . The Exclusive Right to Sell is the listing to use when some  one listing their house or property.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) over 3 years ago

I had a seller do this to me. I went round and round with them on this. It was the wife, not the husband, that acted desperate to sell. She even took flyers around to all of the real estate offices. I tried over and over to explain what kind of preception her actions were causing. In the end...it was ME that sold their house. 

Posted by Debbie Laity, Your Real Estate Resource for Delta County, CO (Cedaredge Land Company) over 3 years ago

Clearly this seller did not read his listing agreement, amazing what some will try to get away with.

 

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities) over 3 years ago

I had one guy try this...Didn't take long for him to realize he made a mistake

Posted by Vern Eaton, Realtor 651-674-7449 over 3 years ago

Yup...exclusive right to sell contract is the way to go...but YES! People will do the strangest things.

Posted by Steve and Jan Bachman, Realtors - Northern Virginia (RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax ) over 3 years ago

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