gregorygarver.com

DavidW · Joined: 05 Jul 2003 Posts: 4

Hi I signed up with foxtons and they never put me in the MLS system. They they were going bankrupt i complained to them and they sent me this letter.RELEASE FROM EXCLUSIVEMultiple Listing # N/A Date 10/10/07Supplemental agreement to listing contract dated 9/17/07To all Participants of the multiple listing service ofIt is hereby agreed between Smith (property owner)and Foxtons, INC (listing realtor)that in consideration of the release of the property located at 20 Smith Street listed under the said exclusive right to sell contract, it is mutually understood and agreed between the parties hereto that the owner of the property represents that there are no negotiations pending with anyone for the sale lease with option to purchase or exchange of said property and that the release is void if negotiations are pending.The property owner acknowledges receipt of a copy of this release agreement.Listing Realtor (signed by person in foxtons)one week ago a buyer came to me and we are in contract now. My old real estate agent called and said foxtons went through bankrupcy court and sold listings to fillmore and I am still bind by the original contract and they will sue me.If I selll do they get commisiion. They havent did anything plus I got this realease please help!!!!!!!Thanks I am so crying...,.Please help by reading the release agreement and state your opinion I am so nervous it has been such a hard few months and I need all the money I can get for my property for family.Hard times:(

mazziatplay1139 · Joined: 31 Mar 2006 Posts: 3

Look to me like that agent is yanking your chain. You have a release. Demand proof of the agen't claim and if it isn't provided tell them to go away.

linkus869255 · Joined: 10 Apr 2006 Posts: 6

You do not owe the other real estate company (filmore) anything. Listing contracts can't be bought or sold! Furthermore you have a listing contract release for your agreement between you and the original listing company in hand and all they have is bullying tactics. If you signed something in association with fillmore, I would say talk to a lawyer, but if not they do not have a leg to stand on! Let them sue.

ferozd · Joined: 20 Apr 2006 Posts: 3

Since you have an accepted offer on your condo you are not in compliance with the release agreement.It is a good possibility that you can be sued.I advise you to get an unconditional release from your listing agent.Thanks,Zoref