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Updated over 18 years ago on . Most recent reply

User Stats

23
Posts
1
Votes
Paul Tomlinson
  • Real Estate Investor
  • Montgomery, IL
1
Votes |
23
Posts

Someone else is advertising my property - HELP

Paul Tomlinson
  • Real Estate Investor
  • Montgomery, IL
Posted

I've just run into a situation where a home that I own is being advertised via Craigslist by another individual. The home is not under contract by this individual, although he asked for a contract over one week ago. He came up with excuses as to why he has not sent the contract back. In the meantime, he is placing a basic ad on Craigslist (ie 2-3 bedroom 1 bath in such and such state) for a price that is $10,000 over what I offered it to him. Although the ad is basic, I was contacted by someone who saw my ad this morning and requested the address and then saw his ad later on in the day and requested the address.... and lo and behold they were the same. I then found out the price that he was asking for the property and the name of the gentleman (I'm being too kind) that was advertising the property.

When I approached the gentleman through an email telling him to stop advertising my property, he said that he had it under contract. Not true. I have not signed anything and have not received a returned contract from him. I understand that if a contract is signed (and or assigns) that you can assign a contract. However because the contract is not signed, this sure does not seem quite right. What should I do about this?

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