Tag Archives: Contract
Cancellation Fee: Some real estate firms charge a fee if the seller cancels the listing. It may be called a liquidated damages fee, cancellation fee, or an exit fee. You should not have to pay a fee if the Realtor does not provide the services promised.
Exclusion Clauses: If you already have identified a buyer who has expressed interest in purchasing your home, do not wait to put the home on the market until that buyer makes a decision. You could lose valuable marketing time. Instead, ask the agent for an exclusion for ten days to attempt to close the buyer.