Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

presented by

User Stats

63
Posts
27
Votes
Jesse Aaron
  • Hammond, LA
27
Votes |
63
Posts

Listing agreement legalities

Jesse Aaron
  • Hammond, LA
Posted

Hey everyone, I have my first listing agreement set to expire in about 2 weeks. We’ve had a contract in place, but the buyer has backed out twice. He says he’s needing more time for his funding source to come through. I’ve told my agent that I’m not pushing the closing date again. This person was already dishonest by saying he had the funds initially. Now the realtor says that since he has to relist it (which it should have been put in pending status instead of sold status imo) that I would need to sign another 6 month listing agreement. I want out of this contract with no legal battle. By saying I’m walking away from this offer because he’s postponed closing twice, and the realtor still having two weeks in the original listing agreement, what are my options? Can I not sign anything and wait out the two weeks?

Loading replies...