Is it legal for a realtor to show buyers homes while they are under contract to buy another home?

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Is it legal for a realtor to show buyers homes while they are under contract to buy another home?

Our house was under contract to be sold and our buyers realtor took them to look at some homes last weekend. They ended up finding a home that they liked better for less money and now want to back out of our contract. We were supposed to close today but their attorney called our attorney and verbally told him that the buyers were terminating the contract.

Asked on February 24, 2012 under Real Estate Law, New York

Answers:


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