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Buying and Selling Homes

What's the norm when canceling listing?

10 years ago

I'd like to know what is normal protocol when seller cancels their listing?
Not what's fair, but what is most often occurring and expected in the industry.

I'm hearing everything from the seller owing staging costs to the agent, to flat fees owed to agent, to absolutely nothing owed.

So would love to get more feedback on this.
Thanks

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Comments (7)

kirkhall
10 years ago
What does the contract say?
sun2007
Original Author
10 years ago
No contract yet. Currently interviewing agents, so doing research to determine what to negotiate.
kirkhall
10 years ago
It would be something to ask as you are interviewing, imo. See what they say, and have them show you where it says that in the contract. Some states do it one way, others a different way.

I would expect you'd be on the hook for any staging fees.

You might or might not owe a commission if you sold it to someone within 30 or 90 days of pulling your contract--also may or may not be dependent on if they showed your house to the buyer.
ncrealestateguy
10 years ago
It is not a state by state thing. It is something that each agent would handle in their own way. You just need to ask each one you interview.
dixiedog_2007
10 years ago
Just as Ncrealestateguy said.
User
10 years ago
Why would you think that the agent would be responsible for staging fees?
jrb451
10 years ago
You're not going to let an agent stage your home and then present you with the bill without having a discussion on this first.

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