Real Estate Law

Have Real Estate Law Questions? Ask a Real Estate Lawyer.

Ask a Lawyer, Get an Answer ASAP!

Realtor Questions

Who is a realtor?

A realtor is a person that acts as a middle person between sellers and buyers of real estate property. A realtor tries to find those who want to sell and those who want to buy.

If I have an agreement with a realtor to sell my property but I end up selling to somebody I know that had no contract with the broker, am I required to pay a fee to the realtor? 

You signed a listing with the realtor which will require you to pay the commission to the realtor unless you specifically excluded this person from the agreement specifically. Given that there was no co-broker to be paid, it is likely that the realtor would agree that the co-fee is not payable, but you would still owe the primary commission from your listing agreement.

Can a realtor post a for sale sign on a home before it is listed? There is no listing agreement and the home is not listed on MLS, realtor website or anywhere else online.

An owner of a property does not have to list the property anywhere to legally put up a for sale sign in front of their house. As long as the sign does not interfere with your rights as a tenant to have quiet enjoyment of the property then there is nothing illegal about the for sale sign. If you have a written lease agreement, the landlord can sell the house subject to the lease agreement.

Can an individual be the realtor, mortgage loan originator and homeowner’s insurance agent for a single real estate transaction?

Realtor responsibilities would include providing an agreement between the realtor and the seller or buyer. Therein the mortgage loan originator and homeowner’s insurance agent would also have to have an agreement with that individual. So If as all three of those separate agreements are presented and signed then there is no reason why you could not provide all of the services. There are no laws denying the bundling of services.

If you are a realtor and listed a property, can you bid on the property you listed? What is the realtor laws concerning this?

You can bid on it only with a full disclosure and consent from the seller. Without the full disclosure and consent it would be a conflict of interest and the seller could have legal grounds for breach of fiduciary duty.

If you have a verbal agreement through a realtor to sell your house but have not signed anything, can you change your mind?

A verbal agreement with a realtor to act as your listing agent is not valid until both you and the realtor have a signed agreement. Additionally a verbal agreement with your realtor regarding an offer on your home is also not valid until the agreement is in writing and accepted by you in writing with your signature.

Having the right information and understanding of realtor law can help when dealing with questions regarding your realty concerns. Experts can help answer questions about realtor law or realtor problems. Get the answers fast and affordably by asking an Expert online.

Please type your question in the field below

3 verified Real Estate Lawyers are online now

Real Estate Lawyers on JustAnswer are verified through an extensive 8-step process including screening of licenses, certifications, education and/or employment. Learn more



Doctoral Degree

5436 positive reviews


Doctoral Degree

10856 positive reviews


Doctoral Degree

7665 positive reviews
See all Real Estate Lawyers
JustAnswer in the news:
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
Web sites like
...leave nothing to chance.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.