Posted by karp on November 13, 1998 at 08:41:22:
Don’t be too rash in this decision.
There are other ways to get interest going rather than a L/O. You must first assess what your needs are as far as this house is concerned.
Are you a true “don’t wanter”?
Do you need the cash from your equity?
How long have you been trying to sell?
In what kind of market?
As to whether your real-uh-tur will be paid, my guess is you filled out a standard list agreement with him so the answer would be -yes.
On the other hand, I am not sure when your agreement with him expires and you can fire him.
First sensible move? Review the contract with the real-uh-tur and give us feedback. Once we know that, you can see if you can relist with someone else, offering a favorable spread to the buyer’s agent side…etc, etc…
BTW, as far as my Generation X slant goes, “slacker” is a good thing. I wear it with pride. But that doesn’t mean you shouldn’t fire the ZERO who has your house and come up with a plan B…
Report back w/ more info whenever you can.
aka Karl Hartley