What should I do please advise

Question

Hello, I signed a seller agreement with a realtor thinking I was listing my property. But due to personal reasons I changed my mind about selling my property. Now the realtor wants money claiming he spent time when the house was never listed or visited by the realtor. Can he sue me for the money? Thanks

Nick C. · Answer

Unfortunately in this country anyone can sue anyone for anything. But it costs a lot of time and money to sue someone. How much is he hoping to get in a lawsuit? It will be a lot less than he spends suing you. Getting sued sounds scary, but this would be a very bad investment of his time and money. And a very bad look for him as well. Also when it's all said and done he needs to have a case to get anywhere, meaning even IF he were to sue you he would still have to win. Re-read the agreement you signed, is there anything in there about repercussions of not wanting to sell?

Account Closed · Answer

The post above is 100% correct. Your realtor would have to be a serious scumbag to fail to understand that people make mistakes and get cold feet and change their mind.

Did you sign an agreement to sell your property to your realtor, or to another party. If you was selling it directly to your realtor then your realtor was probably screwing you, anyway, and would never sue you, or win in court. If you accepted and signed to sell to another party then that party could sue you, but even that is very unlikely.

Don't worry about backing out. I backed out of a few deals even after realtors found buyers for my properties and I never felt bad for my realtor because my realtors have the choice of understanding that people back out and the realtors can cut me off for life, or be nice about my backing out and get more business in the future.

I am also a plumbing contractor and we do a large volume of business where my employees sign contracts with our customers, work on my customers homes for several hours and sometimes even a full day. The following mornings, many customer call to cancel $5,000, $10,000 and $30,000 jobs. I am very experienced when it comes to contracting laws and I could threaten to sue my customers, but I deeply believe that everyone on this planet should have the right to get cold feet and not have to pay one penny unless the other party actually lost money. So, in my cases, I smile, don't charge my customers one penny and accept the cancellations as a part of doing business with the exception that I will ask most customers to pay my actual costs (no mark-up) for my employees' labor, for materials used and most customers are more than willing to pay.

As we say in Italy, "Don't Worry bout' It!".

Account Closed · Answer

Hello. I am an Alabama licensed realtor. The reason that your realtor is requesting payment is because of the breach of contract. Yes, the realtor can sue you.

Nina Veir · Answer

It was the at the beginning stages, the seller agreement between myself and the realtor about terms of the contract. It’s for $500... he is trying to say he spent time and money on marketing and I am like you haven’t even visited the property or taken pictures. And I haven’t asked you to market. All lies of course just wants the money.

Theresa Harris · Answer

They can, but read the terms of your contract.  Also when did you sign it?  Usually there is a period when you can cancel any contract.  If you do change your mind again and list it in the next few months, be very careful as they may come after you if you use a different realtor.

What should I do please advise

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