Listing Agreements / Buyer-Broker Agreements

Consumers often call the Department because a broker refuses to cancel their listing agreement.

• Consumers should read the agreement thoroughly and understand all terms before signing.
• Listing agreements are usually cancelled only with the mutual consent of the involved parties. Depending on the terms of the agreement, a Broker may be not required to cancel the listing at the owner’s request.
• The listing agreement may obligate the consumer monetarily after cancellation.
• A listing agreement is a contract between the consumer and the Employing Broker (Entity). The consumer may opt to seek legal advice regarding the consumer’s obligations under the contract.

Please visit this Consumer Advisory for more information.