Originally posted by Jflynn: I agree, Jim, and I was surprised the first time I saw the form and thought "wow I can't believe the broker doesn't have to consent to the termination of listing."
Technically the broker does have to consent since most listings are taken in the name of the brokerage firm who is actually the 'agent'.
Realistically however it would be tough to enforce after one of your agents signed off on canclling it.
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Jim Lee, REALTORŪ, CRS, ABR, e-PRO [url=www.KnoxvilleHomeCenter.com]www.KnoxvilleHomeCenter.com[/url] [url=www.KnoxvilleTennesseeRealEstateBlog.com]www.KnoxvilleTennesseeRealEstateBlog.com[/url] I am not an attorney & I am not giving you any legal advice.
Each broker may be different too. Listings are taken in the name of the broker, but I believe my broker lets us terminate without really passing it through her first.
I do know other brokers who want to sign off on terminations. I'm not sure what will happen if the agent simply terminates without going to that broker first.
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