- Can seller refuse to make repairs?
- Why would Seller remove listing?
- Can a seller change their mind after accepting an offer?
- How often can my landlord show my house while I’m living in it?
- What if I change my mind about selling my house?
- Does no longer on the market mean sold?
- Can a real estate agent refuse to show a property?
- Does a Realtor have to disclose all offers?
- Can Realtor lie about other offers?
- Why do Realtors not want buyers and sellers to meet?
- Can your realtor lie to you?
- How long can a seller delay closing?
- Can a seller walk away from closing?
- Do you have to pay an estate agent if you decide not to sell?
- Should the seller be present during a showing?
- Can you still view a house that is sold STC?
- Do you give your realtor a gift after closing?
- Do serious buyers go to open houses?
- Do buyers and sellers meet at closing?
- What happens if a seller does not show up at closing?
- Can a seller back out of an accepted offer?
Can seller refuse to make repairs?
In most cases, the sellers have no obligation to fix anything.
If they do not like your request, they can either submit a counteroffer or reject it outright.
If they send a counteroffer, you can decide whether it meets your needs.
For example, you may ask for repairs and they may counter with an offer for credit..
Why would Seller remove listing?
A listing can be removed for a number of reasons, and does not mean the property was sold. It may have expired, the sellers decided to not sell, the property was damaged, etc. … It means that the seller has decided to wait to sell the house or has changed their mind about selling.
Can a seller change their mind after accepting an offer?
If the seller changes her mind after accepting an offer, especially if the terms of the listing agreement have been met, she usually still owes the broker a commission. … Once the offer is accepted, the contract often binds both parties so no one can change their mind without the consent of the other party.
How often can my landlord show my house while I’m living in it?
Your landlord can show your house while you’re living in it with reasonable frequency. That means he can show your house (at reasonable times and upon reasonable notice) as many times as he wants provided it does not materially interfere with your reasonable use and enjoyment of the premises.
What if I change my mind about selling my house?
No one can force you to sell a home. But if you have already signed a contract with an agent and then changed your mind, you cannot sell the property for the time mentioned in the agreement. Yes, your property will be withdrawn from the listings, but that does not free you from the contract.
Does no longer on the market mean sold?
When you see a property listed on an MLS with the phrase “no longer on the market,” take it to mean that the opportunity is still there! … In most cases, sellers will use “no longer on the market” to indicate that they are listing it off the market.
Can a real estate agent refuse to show a property?
Yes, a real estate agent can refuse to show a property. … Meanwhile, the seller’s agent can turn down a request from a buyer, or their agent, to view a home, as well as turning down a request from the seller to show the property to a potential buyer. This usually comes as a huge surprise to people.
Does a Realtor have to disclose all offers?
In addition, California brokers who belong to a real estate trade association, such as the National or California Association of Realtors, must follow their organization’s ethical standards. In general, a broker must show his client all offers, unless the seller requests otherwise.
Can Realtor lie about other offers?
As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer if requested.
Why do Realtors not want buyers and sellers to meet?
Why is it that agents are so reluctant to let buyers and sellers get together? Unlike most business deals, the sale of a home can get very personal and real estate agents are nervous about the parties dealing with each other. That’s because most agents have seen what can go wrong when buyers and sellers meet directly.
Can your realtor lie to you?
Those rules and laws would prohibit the real estate agent from lying, but the agent has the ability to market the property to get the seller the best price possible. … If the seller has other offers, the listing broker usually will come back to you and ask for your best offer.
How long can a seller delay closing?
Review the details in the contract to see what the allowable time is for a delay on the part of the seller. Usually a 30-day window is applicable. However, if the house closing delayed by the seller moves beyond the allowable window, the seller could be liable for financial losses incurred by the buyer due to a delay.
Can a seller walk away from closing?
Just like buyers, sellers can get cold feet. … But unlike buyers, sellers can’t back out and forfeit their earnest deposit money (usually 1-3 percent of the offer price). If you decide to cancel a deal when the home is already under contract, you can be either legally forced to close anyway or sued for financial damages.
Do you have to pay an estate agent if you decide not to sell?
The estate agent in the contract is the only one allowed to sell your home during the period stipulated. And you will have to pay that estate agent, even if you find your own buyer. … It means you have to pay the agent for finding a buyer, even if you decide not to sell.
Should the seller be present during a showing?
It is best for sellers not to be present during a showing because it can make home buyers uneasy. Having the seller breathing down their necks is not a relaxing way to view a home, and it may affect their ability to explore the home objectively. Leave the showing in the hands of your real estate agent.
Can you still view a house that is sold STC?
Answer. If you’ve found your perfect home and it is ‘Sold STC’, you may well have missed out, but all is definitely not lost. Sold STC means ‘Sold Subject to Contract’. … As to whether you can still view a property that is ‘Sold Subject to Contract’, this is up to the seller.
Do you give your realtor a gift after closing?
You’re not required to give your realtor a gift after closing. In fact, realtors and other real estate agents rarely get gifts at closing. … Many realtors are pleasantly surprised when a client sends them a gift after closing because it’s not expected; however, it’s greatly appreciated.
Do serious buyers go to open houses?
Your open house may not attract a serious buyer, but it can attract new clients for the agent. Public open houses are potentially dangerous since there is no way to distinguish between a serious buyer, someone who’s just looking, or someone who has bad intentions.
Do buyers and sellers meet at closing?
During the closing process, the final documents are signed to pass the home from the buyer to the seller. … However, when everything comes together, the buyer, seller, Realtors®, and title representatives come together at the closing to exchange ownership of the house.
What happens if a seller does not show up at closing?
If the seller backs out for a reason that isn’t provided by the contract, the buyer can take the seller to court and force the home sale. … The seller may have to pay the buyer’s legal fees and court costs. The buyer’s escrow money is also returned, with interest.
Can a seller back out of an accepted offer?
To put it simply, a seller can back out at any point if contingencies outlined in the home purchase agreement are not met. These agreements are legally binding contracts, which is why backing out of them can be complicated, and something that most people want to avoid. … They can’t find another home to move into.