Long time readers know that I love the mixed bag that is Realty Times. One of my favorite columns is Ask Realty Times, which was fielded yesterday by Peter Miller. There was a question asked yesterday that could have been written by a great many sellers across the country. While Miller’s advice wasn’t bad, I thought I would run the question by Doomers- I suspect that there might be-um, alternate suggestions. [Please keep it clean and anatomically possible!]
Here’s the question:
My husband and I listed our home with a broker because he sold us this house several years ago. He gave the job to his son who is an agent in his office, but the son has not been aggressively marketing our property. For several months we have been trying to find out what kind of marketing is being done and making suggestions, but they are slow to move.
Yesterday the father called to lecture us about how he "can’t do anything" unless we drop the price by $25,000. We have already dropped the price by $25,000 and have fewer showings than at the higher price! We now think he is essentially telling us that he isn’t trying to sell the property because he thinks it’s priced too high. Mind you, it’s priced comparably to other homes in the neighborhood.
How can we get out of our listing agreement with this broker?
For Fisher’s answer, click here and scroll to the bottom. Have a better suggestion? Post away!!!