Does the seller of a mobile home without land, have the right to set the selling price?
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Does the seller of a mobile home without land, have the right to set the selling price?
We want to increase our selling price but our broker says he won’t change the price. We actually changed our mind and don’t want to sell, however the broker is requiring a cancellation fee that we don’t want to pay.
Asked on July 6, 2017 under Real Estate Law, Florida
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 6 years ago | Contributor
The sellers have the full right to set the price of their home. They also have the right not sell, and while the broker might have a viable claim for reimburse of costs he incurred as a direct result of you giving, then pulling, the listing (e.g. if he paid a photographer to professionally photograph your home; or paid to have brochures printed), that would typically be all he is entitled to, unless and only if the listing agreement with him states that he can get the commission no matter what--that would be very unusual, if you did sign an agreement stating that, it is enforceable.
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