Today Blanche Evans wrote an article for Realty Times on Foxton's bankruptcy. For weeks sellers could not reach anyone at Foxton's (nor presumably could anyone wanting to show their listing) and the bankruptcy judge rules that listings were an asset of the company, and should be sold to the highest bidder. What about sellers' rights? The ruling was that listings were not Personal Services. Apparently bankruptcy powers overrule common law.
If you were a seller who had chosen who to list your home, what would YOU do?
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