Real Estate Law
Ask a Real Estate Law Question, Get an Answer ASAP!
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!
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).