sunnyskies
Oct 17, 2008, 08:26 PM
Hello,
We signed a contract with a realtor about 1 1/2 months ago. Prior to that time, we had been looking at doing a house swap in which we would buy a party's house and they would buy ours. We decided not to do the house swap with this party. After we signed the contract with the realtor, the house swap with this particular party became a viable option . Our realtor is saying that we are obligated to pay them the commission on the sale of our house to this party even though they did not locate the buyer and we talked to the party before we signed the contract.
As a side note, we have had only one person come through our home in the month and a half it's been on the market. The person did make an offer, but the offer fell through because of items that they were concerned about in the sellers disclosures. We have had our house on the market for nearly a year and a half. It doesn't look like we have a good chance of selling it with our agent.
Any feedback you can give on this situation would very much be appreciated.
We signed a contract with a realtor about 1 1/2 months ago. Prior to that time, we had been looking at doing a house swap in which we would buy a party's house and they would buy ours. We decided not to do the house swap with this party. After we signed the contract with the realtor, the house swap with this particular party became a viable option . Our realtor is saying that we are obligated to pay them the commission on the sale of our house to this party even though they did not locate the buyer and we talked to the party before we signed the contract.
As a side note, we have had only one person come through our home in the month and a half it's been on the market. The person did make an offer, but the offer fell through because of items that they were concerned about in the sellers disclosures. We have had our house on the market for nearly a year and a half. It doesn't look like we have a good chance of selling it with our agent.
Any feedback you can give on this situation would very much be appreciated.