My real estate broker in insisting I sign a Listing Agent Commission Request form before the appraisal is back on the house.
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My real estate broker in insisting I sign a Listing Agent Commission Request form before the appraisal is back on the house.
However, there is a clause that states, ‘In the event that the purchase price
changes. Escrow Agent is instructed to adjust the commission accordingly, unless
instructed otherwise in writing by the Real Estate Agent.
The home sale is due to a divorce.
The Broker has used extremely questionable ethical tactics in the negotiation of
the sale. So this has led to me questioning the need for the signature on the
Listing Agent commission request form before we know what the home appraisal is
in.
Asked on January 21, 2019 under Real Estate Law, Washington
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
Don't sign unless and until you get the information (e.g. the appraisal) you require before feeling comfortable with the agreement. Signing a form or entering into an agreement is voluntary; you should never sign anything or enter into any transaction unless you want to, and you can simple refuse to sign until comfortable doing so.
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