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Thread: listing agreement

  1. #1
    Join Date
    Oct 2009
    Posts
    4

    Default listing agreement

    May a listing agreement be terminated by mutual agreement of both parties and by death of the seller.

  2. #2
    Join Date
    Nov 2008
    Location
    Metro Phoenix Arizona
    Posts
    109

    Default Re: listing agreement

    Depending on the listing company, it depends what their agreement states. In most likelyhood you should be able to cancel the agreement if a death of one of the owners has occurred.
    Jeffrey Austin, ABR, CRS, GRI
    Real Estate Homes, LLC
    Phoenix Real Estate
    Phoenix homes for sale
    Tucson Real Estate

  3. #3

    Default Re: listing agreement

    It makes sense what Jeff is saying. In most of the cases there is a termination clause in the listing agreement. Check it out.

  4. #4
    Join Date
    Sep 2009
    Posts
    130

    Default Re: listing agreement

    If the seller is married and the person who is deceased signed the listing agreement, the contract is void.
    Mary DeSimone, ABR, GRI
    Owner
    Real Estate Homes, LLC
    Tucson Homes for Sale
    Casa Grande Homes
    Casa Grande Homes for Sale

  5. #5
    Join Date
    Jan 2008
    Location
    NY & CT Real Estate
    Posts
    1,485

    Default Re: listing agreement

    +! for Mary.

    Contracts are void if either party in the contract die. Of course there are contingencies one can put into contracts to get around that, but then those parties must be party to the contract as well. However, if there are two sellers and one dies, it will depend on how title to the property is held.
    Larry Jensen, Principal Broker
    St. Lawrence Properties, llc
    Ph. (888) SLP-NYCT (888-757-6928)
    www.SLPNYCT.com
    New York & Connecticut Real Estate & Property Management
    My Blog: St. Lawrence Properties Blog
    When in Doubt Check it out: REALTORS Code of Ethics

  6. #6
    Join Date
    May 2008
    Location
    Anchorage, Alaska
    Posts
    1,342

    Default Re: listing agreement

    In the case of a death you should wait for an executor of the estate to be named and then have them sign off on the cancellation unless of course they still want to sell.
    Ryan Tollefsen
    Keller Williams Realty Alaska Group

    Anchorage Real Estate | Anchorage Homes For Sale | Eagle River Real Estate

  7. #7
    Join Date
    Jun 2009
    Location
    Calgary Alberta
    Posts
    7

    Default Re: listing agreement

    I would agree with Ryan,...an executor of the estate determines what would be next for the estate.
    But the answer lies in the listing contract that was signed by the seller.

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