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Thread: Real Estate Question

  1. #1
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    Default Real Estate Question

    Looking for some input.

    We are in the process of selling our house, not entirely happy with the experience with our current agents.

    Have contemplated going the Comfree or Property Guys way.

    The question is how do you skirt the 90 day holdover period with the old listing agent (i.e. how do you prove that a potential buyer was not "introduced" to the property by way of the old Agent)?

    My initial thought is have a disclaimer/waiver for the buyer to sign that they were not introduced to the house under the old listing agreement? Is it that easy?

    I spoke with a Comfree guy on the phone and they sounded less than confident in any advice they could not offer. My initial discussions with them did not leave a stellar first impression.

    Any thoughts/ Suggestions would be appreciated.
    Cheers

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  3. #2
    Needs a new keyboard

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    Don't know who you were with but shop around and find a reliable agent vs the 2 you suggested! Look in you local real estate paper and see who has the biggest presence...don't be afraid to interview them just like a job interview as you are hiring to do a job for you!Have a list of questions etc ready and don't be afraid to ask and if they can't satisfy you with their answers move on to the next one...I am not a real estate agent but I do know a few in the business that are very good at what they do...ask your friends, family, neighbours as a word of mouth recommendation is worth lots.....good luck.

  4. #3
    Has too much time on their hands

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    You do know that you are allowed to sell your own house? I've done it twice. Also, you don't need a layer either although it is a lot of hassle and running around to do it yourself. Only did it the once.

    Your disclaimer idea would work.
    Member of the National Firearms Association (NFA).

  5. #4
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    Once you've signed the 90 day contract with an agent, I don't think you can go around that. No matter who buys the house and how they found out about the listing, the agent gets his commission, unless you can get the agent to agree to a cancellation of the listing contract, which I think is very unlikely.

  6. #5
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    Quote Originally Posted by werner.reiche View Post
    Once you've signed the 90 day contract with an agent, I don't think you can go around that. No matter who buys the house and how they found out about the listing, the agent gets his commission, unless you can get the agent to agree to a cancellation of the listing contract, which I think is very unlikely.
    Just to clarify, our listing/contract with the agent has expired. This specific clause states that the seller is liable to pay the commission to the real estate agent should the property sell within ‘x’ number of days (90) after the listing agreement concludes, provided that the buyer was "introduced" to or saw the property during the listing period.

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