A Client Terminates A Listing Agreement Before Its Expiration Date. What Happens Now

The security or safeguard clause – a standard clause in the housing offer agreement – states that even after the termination of your listing agreement, if buyers go through the agent`s marketing channels, you still have to pay the agent`s commission. You may also be responsible for other costs, such as.B. marketing and advertising fees, which the agent has already set. If you do not want to pay these fees, it is important that you negotiate from them before terminating the contract. Sellers can terminate a California housing offer agreement in almost any circumstance, but you must do so correctly and enforce the cancellation in writing. If you terminate the agreement, but the agent disagrees, you may have to ask for a cancellation fee, and the agent could come after you for their commission, even if someone else sells your home…