Real Estate Law
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Hello and thank you for your question.Did you ever sign a listing agreement with the Realtor? Agreements to list real property need to be in writing to be enforceable.
Once in 2010 after the sale, and the next year 2011 (because it was still fresh in her mind), and that was for one year only.
I forgot to say that I have asked her several times why my property does not appear on her website--thinking she had it listed on regional or national sites--and I asked her to send me a link to those URLs, but she has never responded to those questions or requests.
In April I said I wanted to do an auction in August or September and she replied that she couldn't recommend that because of capital gains. duh!! This is inherited property and have already gone over that with my accountant....
Is this property in California or Iowa? I will send you a form to use to terminate the agreement. You may want to file a complaint against the realtor.
I live in CA and own 50 acres of inherited farmland in IA.
Listing agreements are required to be in writing with a set duration. It does not sound as though this agent has done anything on your behalf or in your best interests.
Would you consider filing a complaint with the Iowa real estate licensing board?
why does this form cost $30? Isn't there a free one available?
Yes, Realtors have forms for these cancellations as well.
TERMINATION OF LISTING AGREEMENT
This agreement entered into this ___________________ day of ____________
2013, by and between the parties _______________________ (Seller) and
______________________________ (Realtor) for the listing of the property located at
The parties entered into the listing agreement in the _____________ day of _______
The listing agreement between the parties is hereby cancelled effective immediately. All obligations of the parties are hereby terminated.
Seller Listing Agent
This is a link for the Iowa Professional Licensing Bureau http://www.iowa.gov/government/com/prof/sales/home.html
I don't think you need to provide anything to this person as you have never had a proper agreement.
Thank you very much!
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