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Rainmaker
564,420
Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

That's an interesting though. You could use this to help cover some of the fixed/non refundable expenses (and you can explain it that way to the client).

Nov 30, 2014 05:28 AM
Rainer
279,778
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

No.

Apr 29, 2018 10:09 PM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

No we don't have an early release fee. We don't see any point in working with people that don't want to work with us. 

Dec 01, 2014 08:47 AM
Rainmaker
565,855
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Our Listing Agreement has a provision that states if they breach our contract for any reason other than our fiduciary responsibilities the seller may have to pay a fee for our time, effort and marketing expenses.  We have only exercised that twice in 20 years.

Nov 30, 2014 07:58 AM
Rainmaker
6,967,478
Roy Kelley
Retired - Gaithersburg, MD

No. In our market, smart agents provide an easy release provision.

Nov 30, 2014 07:57 AM
Rainmaker
4,799,701
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Evelyn Santiago, Managing Broker , we do not charge an early termination fee.  Except for clients that insisted on some advertising that is above and beyond our typically ones.

Nov 30, 2014 06:33 AM
Rainmaker
630,051
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

I am the broker and have not imposed any such thing.

Sep 27, 2017 09:16 PM
Rainmaker
3,335,183
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

No...that would have to be written into the listing contract here to be enforeable...and if someone wants to leave, we believe it better to just "say bye."

Dec 06, 2014 06:22 AM
Ambassador
4,316,065
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Evelyn Santiago, Managing Broker - I do not believe we have any such fees in the listing contracts.

Dec 03, 2014 02:05 PM
Rainmaker
268,358
John Krol
Top Producers Realty, Inc. Krol Group International - Naples, FL
Naples,Luxury Homes,International Buyers / Sellers

No, We are totally customer driven in our approach

Dec 03, 2014 10:21 AM
Ambassador
3,354,817
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

We have a blank space for one, but I never fill it in.  If you do something like that or a retainer fee, it is best to do it for ALL clients to avoid any Fair Housing claims that might arise out of a perceived, unfair treatment situation.

Dec 03, 2014 08:45 AM
Rainer
16,302
Jack Barry
Keller Williams - Philadelphia, PA

The brokerage doesn't: my team does. If the seller wishes to terminate they pay the markerting costs to date. Its all explained at the expectations conversation at the listing presentation.

Dec 02, 2014 11:23 PM
Rainmaker
4,279,613
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Evelyn,  I know of some companies that do but i do not.  I look at it  as I always want a win win situation and if someone is not happy, I would let them out of a contract.

Dec 02, 2014 11:39 AM
Rainer
382,689
Doyle Davison
Hawaiian Beaches Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge services listing broker

We don't charge any fees but I can sure understand why some do charge admin. fees.  Its expensive these days for marekting and clients are harder and harder to get.

I would rather keep my reputation than a few bucks. 

I found that it's difficult to get someone to leave good reviews but they have no problem leaving bad reviews all day long.

 

Dec 02, 2014 08:38 AM
Rainmaker
1,730,803
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Evelyn ....I have started putting a fee on mine so that I can recover some of my initial marketing expenses ....I think we all should.

Great question!

Dec 02, 2014 08:00 AM
Rainmaker
864,358
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Nope...my sellers can cancel anytime they feel I am not providing the services that I promised.

Dec 01, 2014 11:22 AM
Ambassador
2,105,842
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Our Florida listi g contract has this provision already built into the contract.  We just have to fill in the amount.  

Dec 01, 2014 10:57 AM
Rainer
4,240
Manoj Philip
BHHS, Fox & Roach, Realtors - Wilmington, DE

No. We have an easy-exit clause. Trust me, you don't want to charge a fee for early termination; it breeds resentment from the seller and can hurt you and your broker in the future via bad publicity. 

Dec 01, 2014 08:38 AM
Ambassador
2,505,544
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

No our broker does not. I use an "easy-exit" guarantee myself.

Dec 01, 2014 06:18 AM
Rainer
10,780
John Grissom
Berkshire Hathawy HomeServices Elite Properties - O'Fallon, IL

No fee to terminate

 

Dec 01, 2014 02:52 AM
Rainer
215,135
Marla Yost
Marla Yost Team- Keller Williams Realty - Arlington, TX
The Marla Yost Team

Nope...not unless we put it in the contract.

Dec 01, 2014 02:30 AM
Rainmaker
438,320
Bill Dandridge
MKB, Realtors - Roanoke, VA
GREEN, ABR, GRI, EcoBroker

No. I tell my listing-clients that I will gladly let them out of the Listing Agreement at any time if they feel that they are not being represented as they expected.

Nov 30, 2014 09:44 PM
Ambassador
3,071,352
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Nope, we pay no fee to withdraw from MLS so we don't charge.  I've had very few early terminations in my career.

Nov 30, 2014 02:53 PM
Ambassador
5,700,235
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Not that I have noticed.

Jul 31, 2019 12:51 AM
Ambassador
3,724,077
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

We do not.  Some of our agents require only that the seller reimburse our marketing expenses, which seems pretty reasonable.

Dec 07, 2015 03:18 AM
Rainmaker
3,070,784
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We do in our listing agreements.

Oct 21, 2015 12:46 AM
Rainer
305,210
Tammy Adams ~ Realtor / Podcaster
Maricopa Real Estate Co - Maricopa, AZ
A Maricopa Agent who Works, Lives & Loves Maricopa

They do not. I'll be curious what other folks do around the country. 

Dec 10, 2014 10:13 AM