As a seller, what do I need to do to cancel my listing agreement?
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As a seller, what do I need to do to cancel my listing agreement?
I’m not pleased with the way the company is handling my listing and want to
cancel the agreement. The agreement was for a year and they’ve had it for 9
months.
Asked on November 12, 2018 under Real Estate Law, North Carolina
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
It will be hard to cancel unless you can point to specific contractual requirements (e.g. for how they'd market it) that you can show they violated (in which case, with a clear breach of contract, you'd be well-positioned to treat the agreement as terminated). The problem is, in the absence of some breach by the other side, a contract is generally enforceable for its entire duration or length of time. If there's only 3 months left, it's probably better to let it play out than try to cancel early and end up being sued by the realtor.
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