For years I've offered my listing clients an "easy out" listing agreement. I suggest that if they are unhappy with me or my service, they can cancel their listing agreement at any time without cost or cause. It helped me get many more listings as it takes the fear out of being stuck with a lousy agent. Rarely did anyone avail themselves of this clause.
Now, in this market of limited buyers and slow sales, sellers are getting frequently impatient at no traffic and no sale. As agressive as you can be asking for price reductions, there just aren't enough buyers to go around. As I wrote in a prior blog, most South Florida markets (Pembroke Pines, Miramar, Weston, Aventura, Miami Beach) have inventory that would take a year to absorb, assuming no new additions are made to the market.
With that being said, I am now considering dropping the "easy out" clause or modifying it to provide that they can cancel if they reimburse me for all out of pocket expenses up until the date of cancellation. We'll see!