What constitutes a contract with a realtor?

Asked by Dutchess_III (47069

) July 28th, 2011

I know I’m sounding more and more ignorant as I go along but…there is no cure for that except to ask questions.

In my question about renting our house the subject of a contract with our realtor came up several times. It’s been over a year since we started trying to sell our house, and I can’t remember if we signed a separate contract especially for our realtor….or (and this is just occurring to me) if the contract we signed with the sellers of the house we want to buy constitutes a contract with our realtor at the same time…?

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2 Answers

HELLO?????????

Dutchess_III (47069

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The seller signs a contract with a realtor, and the terms are written into the body of the contract. The buyer signs only the purchase offer, and later the purchase papers required by law.

If your Realtor did not show you the house you are buying, he most likely has no contractual claim. However, if the contract you signed with him contains a clause that he will get paid no matter what house you buy, then he does. Read the terms of all contracts you have signed as seller or buyer to find the answer – the terms are negotiable at the time of the signing, so the clauses they can include are different.

YARNLADY (46587

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