Legal Question in Real Estate Law in Georgia
realtor contract
About 1 week after signing a contract with our realtor to sell our property, we were contacted by an aggregate who want to buy out the whole street of duplexes. They got our name from the tax records, not MLS or a sign at the property. They have made us an acceptable offer. What do we owe the realtor? We realize we have a legal contract with them, but they did nothing to bring in the buyer. We are willing to pay them something, for the time and effort they put forth in meeting with us, and listing the property but paying the full percentage seems like we're being taken advantage of. What do you think?
2 Answers from Attorneys
Re: realtor contract
You would need to look to the terms of the agreement you signed with the realtor - does it require you to pay a commission?
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Glenn M. Lyon, Esq
MacGregor Lyon, LLC
Promenade II
1230 Peachtree Street NE
Suite 1900
Atlanta Georgia 30309
Phone 404.942.3545
Fax 404.795.0993
www.macgregorlyon.com
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Re: realtor contract
What you have to pay the realtor - or not pay the realtor - depends upon what you contracted to do.
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