Barb Schlinker The Real Estate Voice

How to Cancel a Listing Contract if Home Seller Not Satisfied

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Sinopsis

Segment 3 - HOW TO CANCEL A LISTING CONTRACT IF HOME SELLER NOT SATISFIEDThings are changing fast in the real estate market. What are some reasons why a seller may cancel their listing agreement with their current agent?The rapid change in the real estate market has resulted in homes sitting on the market and not selling.The Facts:1. Avg Price Dropped $38,790 Since April = $523,1172. Avg DOM Increased from 17 – 25 Days (For the Ones that ARE Selling!)3. 25% of Home Sellers Dropped Prices in the past WEEK!Regardless of the market conditions, there are three key factors that will result in a home sale… Preparation, Pricing, and Promotion.• Preparation: You Control• Pricing: You Control• Promotion: Agent Controls!Making a “Change”• This is always an awkward conversation.• #1 Reason is ‘Poor CommunicationWhy Agent Selection MATTERSAgent NOT getting results:• It Could be The Market• It Could be a Lack of Knowledge about Market• It Could be Poor Promotion• It Could be Poor Communication!• It Could be Inappropriate