Getting out of a real estate contract

I would like to sell my house and buy a condo instead. Two years ago, when I started thinking about moving, I consulted with a realtor who had me sign a 3-year contract to represent me as a buyer and seller. I completely forgot that I signed it and didn’t realize that it was for 3 years. I’m ready to move forward now and would like to go with a different realtor. The first realtor called me out of the blue recently and reminded me that I have a contract with him for another year.

I was resigned to having to work with him until I re-read the contract and noticed that instead of putting the “6” under the percentage of his commission, he put it in the blank with the $ for the retainer fee. Can I now get out of the contract? Can I expect him to sell my house for $6 instead of 6%? What should I do next?

submitted by /u/1sweetswede
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I would like to sell my house and buy a condo instead. Two years ago, when I started thinking about moving, I consulted with a realtor who had me sign a 3-year contract to represent me as a buyer and seller. I completely forgot that I signed it and didn’t realize that it was for 3 years. I’m ready to move forward now and would like to go with a different realtor. The first realtor called me out of the blue recently and reminded me that I have a contract with him for another year. I was resigned to having to work with him until I re-read the contract and noticed that instead of putting the “6” under the percentage of his commission, he put it in the blank with the $ for the retainer fee. Can I now get out of the contract? Can I expect him to sell my house for $6 instead of 6%? What should I do next? submitted by /u/1sweetswede [link] [comments]

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