How do I change Realtors

Question

I have a property in Oklahoma that I have had listed with a realtor since July of last year. We don’t seem to be making any progress and I would like to switch to a different realtor. Unfortunately, the agreement that I signed with her is good until the middle of June. So, to make the change, I would have to wait a month and a half to do so. Any suggestions or recommendations? ￼

Ray Hage · Answer

My general advice is speak with your realtor and see if they will let you out of the contract since no progress has been made. If they absolutely say no, you have a few more weeks to wait which shouldn't be bad. However, more importantly, is it your realtor's fault? Did you or she price the house too high for the local market? Is the house is really bad condition for the price? Is it a dying rural town with a waste dump site half a mile away?

I guess my real question is: what is the reason why it is slow to move? Be aware of what that is and if it is fixable, speak to your realtor about it.

Cassi Justiz · Answer

Chat with your Realtor about why it isn't selling. In the major metro areas, a well priced house in most price points should sell in a matter of weeks. Rural Oklahoma is a whole different story, so you may be in a completely different market. If you don't feel like your Realtor is doing their part to sell the home, chat with their broker. The broker has the authority to release your listing or reassign it to another agent in their office. If your agent is the broker, then they can release the listing and most of the time they will if you request it. If they paid for marketing or staging, you may be obligated to pay them back for that. Read through your original listing agreement to see what your responsibilities are if you choose to end the listing agreement early.

Eliott Elias · Answer

Have an honest conversation with your realtor. I doubt they’re going to hold you hostage if you do not want to work with them.

How do I change Realtors

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