I've decided not to sell my house at the moment. How do I take my house off the MLS? If I tell my agent I don't want to sell, will she take my house off the MLS? Am I locked into any kind of agreement with my agent if I decide to sell in the future?
Asked By Gretchen | Valparaiso, IN | 277 views | Selling | 1 year ago
Every listing agreements terms can vary, so you may want to start by reading that agreement. Next, it is a good idea to communicate with the listing agent to explain the change of heart. Most of the time, if reasonable people are involved and there is a reasonable reason for cancelling then there is a reasonable response and everyone walks away happy.
The listing agreement dictates the terms. However, if you do not wish to sell your home, you are under no obligation and being the client, you have a right to have the broker/office remove your listing off MLS
It all comes down to the listing agreement you have with your Realtor. I would have a discussion with him/her and discuss terms. Some will allow you out of the contract for a fee to make up for marketing expenses.
Most likely you have a signed listing agreement with your agent. I would discuss the terms and timing of your signed agreement. Most likely you could be released from your agreement within an agreeable amount of time. You may be responsible for any fees the agent incurred while marketing your home and getting ready to list on MLS. Good luck to you!