Legal Question in Real Estate Law in New York

Re: Want to take house off the market

If the Realtor brings you a buyer ready, willing and able to buy at your asking price and upon your terms, you will be liable for the sales commission.

Re: Want to take house off the market

I need to see your contract with the broker to be sure, but I expect that it contemplates the possibility that the house is taken off the market. You need to immedately exercise whatever rights the agreement provides in this respect. It does not make sense that you would have signed a contract with a broker that irreversably obligates you. Feel free to call me at 212-367-9167 to discuss ths further.

Re: Want to take house off the market

You should be able to do this without responsibility, as long as you do not return the property for sale within the original listing period. If you relist with another broker and sell during the term of the original listing, a claim can be brought against you for the original commission. I suggest taking it off the market with an agreement that if it should return to the market during the original listing term, you will use the same broker.

Re: Want to take house off the market

You simply need to tell the agent to withdraw the house. Happens all the time. (Contract would still be enforceable should you sell during listing period)