I listed through a real eatate agent, some bare land I own. I would like to remove it from the market before the time on the contract expires. There are no offers or contracts on the property. I have had a change of heart regarding the sale pf property which my family has owned for over 100 years.
Anyone know what the law is concerning this?
I would like to thank those responding so far.
I understand that morally, most relators would cancel a listing upon request. I was more concerned with any laws related to doing such. Usually, there are cancellation clauses in the standard contracts. In my home state, there are such. I looked at the doc’s from NC and found no such provisions for cancellation.
Again. I am looking at the legal ramifications to canceling.
melissaw219 said:
Feb 03, 09 at 10:15 amYou can request to have it taken off the market. I am a NC Realtor and would NEVER consider holding someone to a listing agreement if they change their mind. As long as it is being taken off the market and not being re-listed with another agency you are not doing anything wrong. This should be as simple as a phone call to your Realtor and going into the office to sign the cancellation.
lturner17 said:
Feb 03, 09 at 6:27 pmJust tell the realtor to take it off the market. Its your decision and the law has nothing to do with it.