Greenville, MI asked in Real Estate Law for Michigan

Q: We discussed a price with the realtor, then he listed it for 50,000 less than we discussed. What can we do?

Related Topics:
2 Lawyer Answers
Kenneth V Zichi
Kenneth V Zichi
Answered
  • Fowlerville, MI
  • Licensed in Michigan

A: What does your listing agreement say?

What you ‘discussed’ is not necessarily binding if the written agreement says something else.

If there is a mistake, the realtor should (and can!) ‘fix it’ but you have to point that out to them for it to get fixed!

If they refuse or fail to fix it and there IS some mistake you MAY have a a reason to get out of the listing contract. You likely don’t have any significant ‘damages’ that would imply a lawsuit is appropriate though.

Seek local legal representation if you have further questions.

— I am licensed to practice in Michigan only and this answer is offered for information only and does not constitute legal advice or create an attorney/client relationship. Seek local legal help.

David Soble
PREMIUM
David Soble
Answered
  • Farmington Hills, MI
  • Licensed in Michigan

A: A listing needs to be endorsed by the property owner. Did you sign the document in blank? The list price should be listed on the listing agreement at the time of signature. If you have further problems, I would suggest first calling the agent's broker to get it corrected.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.