Can I back out of a contract with RE agent?

[Mary Jay]

Hey guys,

My real estate agents wants to sign a one year contract for sale. (I am thinking of selling my property in Pensilvania)

I do not want to be tied up by the contract for so long. The RE agent says I can back out any time.

Is that true?

Lets say I change my mind and wont want to sell it anymore, lets say I will decide to rent it out couple of months later, can I back out of a contract that I signed with the brokerage firm/RE agent?

[Josh Caldwell]

For starters, I wouldn't sign one longer than 6 months. If he cant sell it in 6 months, he just cant sell it. Secondly, you need to read the contract. Most listing agreements have a provision for cancelling a contract, and that usually involves sending a letter to the broker via certified mail. Lastly, why not post it here and see if an investor wants to buy it first? Heck, if it is in my area, I might want to buy it.