Q: Can my property manager amend our contract to require a commission on the sale of our home?
I own a home in Raleigh NC. In March I hired a property manager to begin renting the home out. This week they told us they found a qualified tenant but before they allow the tenant to sign the lease they want to amend our contract with them which would entitle them to a 2 % commission on the sale of our home to “any person or potential tenant or current/former tenant that were contacted or provided” by the property manager. It also specifies that the only service being performed is “providing the buyer and/or seller connection”. Do we have to sign this? They are saying it’s mandatory. Would we be entitled to getting our money back if they terminate our contract?
A: No, you do not have to sign an amendment unless you are willing to change the terms of your original contract. They should proceed with the lease with the tenant.
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