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. The Broker is 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.
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