<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Stean01:
The By-laws that govern the complex do not allow any signs on the property for any reason. He is not authorized to use the MLS service and we were not aware of that.
Basically he is independent and is entitled to 2% commission only.
Since he can not provide a lock box my other option is to give him a key to enter the property of which I am not willing to do for anyone.
Can't I just agree to give him the expenses on the advertising thus far and or just void the entire thing all together.
Or I will just take my home off the market for now for my new home won't be ready until March '01 anyway.
Or is there anything else that I can do?<HR></BLOCKQUOTE>
Both of you are at fault but you have the higher percentage. You knew full well and upfront that you were not going to get maximum marketing power and standard real estate services from this agent. What do you expect a real estate agent to do for you in selling the property when you want to be a cheapskate and only pay a measly 2% sales commission and do not want to give keys to be able to effectively show the property at any time and in a timely manner. The agent has more grounds to cancel the agreement on you for restricting and hampering the showing of the property.
If you really want to sell the property, I suggest that you rethink your marketing strategy and come up with a program that will give you the highest return. Say hiring a top Realtor who has MLS, internet marketing and an entire listing program. If you are not willing to pay the full going market sales commission and provide full access to the property, you are wastin both your time and your real estate agent's time. As a real estate broker, I would never take a listing under your conditions.