"My Agent says she will withdraw our listing...then can you list our house ?" asked the Seller

By
Real Estate Agent with EXP Realty 414-525-0563 57026-90 Broker

 withdrawn  Real estate terms can be confusing...withdraw and expire can sound like the same thing...that the Seller would have the same result...in Wisconsin...not true !  

   If an agent tells a Seller that she/he will "withdraw" the listing...that means that it will no longer be actively marketed and there will be no more showings with that agent as the listing agent.  It ALSO means that no other agent can list the property until the term of the listing contract expires...that could be months away.

    If you are unhappy with your agent and wish to list with another one..you must have the current agent EXPIRE the listing.  An agent, with the permission of the broker, can expire a listing and when the agent receives a signed Amendment to the Listing Contract signed by all Sellers that changes the date of the original expiration of the contract to one that is more immediate.expiration date

    If you are unable to gain the cooperation of the listing agent, we recommend calling the manager...and then the owner of the brokerage of there is no pleasing result.

    Let's hope you never have to endure an early expiration of a listing...but if you do...be sure that it IS expired and not just withdrawn.

Posted by

Sally K. & David L. Hanson, ABR, CDPE, CSS, e-Pro,ILHM, REDS


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Rainmaker
1,839,429
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Sounds to me that if another agent cannot list the property, the one withdrawing is trying to punish the seller.  Am I understanding that right?

May 28, 2012 08:45 PM #1
Rainer
535,474
David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

Sally and David, this is excellent advice that ALL sellers must know. Thanks for sharing today.

May 28, 2012 08:52 PM #2
Rainmaker
1,231,260
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

This is a very confusing issue and I have only run into it recently when a listing should have been EXPIRED when it became a RENTAL property

May 28, 2012 08:59 PM #3
Rainmaker
3,210,699
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Withdraw sounds the same...right you are Jay....in the end...the agent gets the whack in the reputation department...if someone doesn't want to stay listed with you for whatever reason...the professional thing to do is expire the contract.

May 28, 2012 09:05 PM #4
Rainmaker
3,139,893
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Sally/David, We actually (well almost) received a referral from an A/R member whose friend's listing was withdrawn. However, although they didn't know, they were still responsible for the listing until the expiration date which was 8 months away and now they have a house that can't be listed with another agent. We suggested they contact the Broker to get it corrected!

May 28, 2012 09:21 PM #5
Rainmaker
589,571
Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Sally/David,

So - did you end up with the listing?

Did it sell?

Tell us the rest of the story...

Phil

May 28, 2012 09:50 PM #6
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Just like milk, we need to pay attention to those expiration dates!

May 28, 2012 09:52 PM #7
Rainmaker
3,210,699
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

yes Phil....that did happen to us once....and the broker foolishly refused to expire it....we had to wait a couple months to list it while the sellers lost time on the market.....and we sold it the first week !

May 28, 2012 09:54 PM #8
Rainmaker
2,851,963
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning I find it interesting how how terminology is different between States.  Here in Arkansas to withdraw a listing as soon as it hits the MLS service as a withdrawn it is free game for any agent.  In truth it has the same result as an expired

May 28, 2012 10:00 PM #9
Rainmaker
3,077,290
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

So many folks don't know the right terminology correct?  Have a great week and I hope you had a relaxing memorial day!

May 28, 2012 11:38 PM #10
Rainmaker
372,800
Terri Poehler
Realtor - Coral Springs, FL
Coral Springs Real Estate Agent

Sometimes, even after expiration, I noticed some agents still don't let go of the listing.

Jun 05, 2012 09:58 PM #11
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Rainmaker
3,210,699

Sally K. & David L. Hanson

WI Realtors - Luxury - Divorce
For All Things Wisconsin Real Estate...Call the Hansons
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