I think I want to take my house off the market - advice? next steps?

Our house has been on the market for three months now and we have not received a single offer. I honestly believe it is priced too high. That said, it really doesn't make sense for us to sell unless we get asking or close to asking (after fees, taxes, moving expenses, etc.) I am NOT willing to take a loss because we really don't HAVE to move at this point in our lives.

The whole process is starting to frustrate me too, I find my realtor to be very ANNOYING. She showed up at my house one day unannounced "looking for us." I feel like I made a rookie mistake and signed a 6 month contract with the realtor. I wish I would've done 3 and then reassessed. If we want to back out, now what?

I guess legally we have to let it ride until but to be honest, I am no longer changing my weekend plans, keeping my home like an exhibit, rushing home for weekday showing, to show this home. I am just over it and would rather stay put for at least another year.

I think I want to take my house off the market - advice? next steps?

I'm pretty sure you can stop showing it at anytime and take it off the market.
If you sell the house within the contract time you would owe her the commission.

Re: I think I want to take my house off the market - advice? next steps?

Pretty sure you can take it off but can't relist with someone else till the current contract expires.

Re: I think I want to take my house off the market - advice? next steps?

Re: I think I want to take my house off the market - advice? next steps?

Re: I think I want to take my house off the market - advice? next steps?

Re: I think I want to take my house off the market - advice? next steps?

I think I want to take my house off the market - advice? next steps?

If you aren't sure- I would wait and take the house off the market. I believe you can stop showing at any point as long as you don't relist with someone else during your contract period

Re: I think I want to take my house off the market - advice? next steps?

You can tell your realtor to remove the listing. You just can't sell it with another realtor or privately for the duration of the contract, and for some a month or so more if they brought you the interested party. Just call and say you no longer want to sell. I will say it took my townhome seven months to find a buyer and then a few more for closing to occur.

Re: I think I want to take my house off the market - advice? next steps?

I think I want to take my house off the market - advice? next steps?

Just my opinion, but I think you should leave it on the market. Alot of people will be looking now through the end of the summer.

I think I want to take my house off the market - advice? next steps?

I just took mine off the market. Our listing expired but even if it didn't we decided to stay put. Look at your contract. Ours stated we could cancel at any time but could not relist with another agent for x months.

If you are not 100% sure you want out of your house take it off the market. You are wasting your time, agents time and buyers time.

Re: I think I want to take my house off the market - advice? next steps?

We made the same rookie mistake when signing with our agent who sold my house. Thankfully. He sold it VERY quickly so in his defense, he did his job. I just wasn't thrilled and found him unprofessional and lazy. I think it's prob a common mistake but maybe someone reading this won't make that mistake and sign for 3 months or something less.

Re: I think I want to take my house off the market - advice? next steps?

Of course, you have to look at your contract for any specific additions/changes, but with the standard MLS contract for a listing, the agent has the exclusive right to sell for the duration of the contract.

However, as others have said, you can certainly withdraw your home from the market at any time. You would just need to re-list with that same agent (or pay her commission if you sold privately) for the duration of the contractual period. But you are not forced to keep the home on the market if you changed your mind about selling. It's very common to have people withdraw their homes from the market for a variety of reasons.

Also, as far as thinking your home is priced too high - in this market - yes, if you haven't received an offer and it's been on the market for months (and you are providing access for showings), most likely it's priced too high. But what does your realtor say?

As far as a "rookie mistake" - most people sign for at least 6 months. That is what most real estate companies require (or strongly prefer), as it does cost us money to market the home and it's an investment of time and resources. So we want the time to let it pay off. Also some sellers do want to start too high, but will gradually bring the priced down over time, so you want to allow time for that process to occur.

But it sounds like you need to speak to your current realtor -- or your next one - about what your expectations are for your agent and make sure you're on the same page.