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BILL CHERRY, Broker & Wealth Coach (Bill Cherry, Realtor)

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Rainmaker
5,112,471
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I've received many of these calls over the years. As long as it's the seller who initiates them, no reason not to speak with them. If they want to cancel a listing agreement I suggest they go speak with their agent's broker and explain why they want a termination and to call me once it's done. But I don't go into chapter and verse on how to do it.

Aug 06, 2015 09:57 PM
Ambassador
6,417,439
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I would not want to associate with a client who gets out of an agreement on less than honest terms.  So I would encourage them to have a heart to heart with the other agent and show up with a voluntarily cancelled agreement before signing them up.

 

Aug 06, 2015 04:36 PM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

As Jill said, to keep yourself out of trouble, you have to inform the person of the ethical situation presented and they must either work it out with their agent, or terminate their relationship with the Realtor and contact you only after such termination has been done.  You calling the other agent will only cause trouble; for both you and the Seller.  Good luck!

Aug 06, 2015 03:08 PM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

Tough call. I think I would just say that I would be happy to discuss a listing once the seller has cancelled their listing with the other agent. I would try to explain that it is a conflict of interest and ethics for me to help guide them with that process.

Aug 06, 2015 12:12 PM
Rainmaker
784,786
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Taking the high road is always important.

Oct 23, 2018 07:39 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

The seller has to make the change, and then I would be happy to work with them. 

Aug 06, 2015 03:18 PM
Rainer
9,930
Randy Chapman
Randy J. Chapman FL Lic. Real Estate Broker - Hutchinson Island, FL

If a seller whose property is listed with another agent initiates a call to you, it is not unethical to talk with them. However, remember that a legal contract is binding and advising someone on how to break a contract would be practicing law. There are very few circumstances that I would notify the other agent.

Aug 10, 2015 09:04 AM
Rainmaker
5,772,581
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Canceling the listing is what the home owner has to do themselves.  I would stay out of it until the listing is canceled.  A

Aug 07, 2015 04:27 AM
Rainmaker
7,863,184
Roy Kelley
Retired - Gaithersburg, MD

I have received calls like this. I advise them to contact their agent.

Aug 07, 2015 12:43 AM
Rainmaker
1,390,113
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

We can't talk with sellers who are listed with other agents. If they've terminated their contract, fine, but otherwise, sorry. 

We always offer an unconditional release from a listing contract. If a seller isn't pleased with what we are (or are not) doing, then they can fire us. So far, no one has taken us up on that offer.

Aug 07, 2015 12:00 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I refer them to the line in the listing agreement titled "Cancellation and Termination." I would advise the existing contract must be canceled before I can provide assistance. I would then follow that with a referral to another person who could help them understand that process.

Finally, I would challenge this homeowner to discuss their issue with the existing agent and give this agent a chance to correct the issue. If in short order they do not receive satisfaction. proceed with Unconditional cancellation of the contract.

As you know, some franchise brokers, using propriety listing agreements make cancellation incredibly difficult for the homeowner they have trapped. In such instances I will be more proactive. 

Aug 06, 2015 10:12 PM
Rainmaker
4,900,966
Richard Weeks
Dallas, TX
REALTOR®, Broker

Since the seller reached out to me I would meet with them; however would be prohibited from telling them how to break an agency relation.  Like most situations I would suggest they consult with a real estate attorney.

Aug 06, 2015 10:09 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

There is nothing to discuss while they are signed with another agent.

Aug 06, 2015 10:06 PM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

No, I do not interfere with that relationship. I tell them how real estate agents work and that I cannot talk about their home unless they have severed that relationship.

Aug 06, 2015 01:40 PM
Rainmaker
400,356
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

If you want to keep yourself out of trouble, you say that you cannot discuss their listing while it is listed with someone else.

I think it is okay to advise them to discuss with their agent and/or their broker why they are unhappy and see if they can work it out.

Aug 06, 2015 12:17 PM