Real Estate

I have my house listed with a Realty Firm for sale. I have it listed for about 80 days and so far no buyers. The economy is tough and we have actually decided that we will rent it to a couple that we know for the next couple of years and hopefully, ride out the storm a bit. I have rented our other house before and I am well aware of the Risks associated with renting, so don’t waste my time. I need to know the following, can we terminate our contract with the real estate firm and rent it out, without paying any kind of penalty? I think that our contract expires in about 1 month so we might even wait until it expires and see if we get a buyer befrore that. Is there normally a time period that you have to wait until after the expiration of the contact that applies if you decide to rent it instead of sell it? Our realtor did have an open house and also advertising costs and I would rather not have to reimburse them. I don’t have to pay a fee to the realtor for the rental do i? I kow that certain exclusions apply with having to pay the realtor commission even if we sell the house to someone without the aide of the realtor and I think that it applies for a certain period after expiration of the contract but is there any provisions when you rent it out? If anyone has definite information regarding any of my questions then let me know otherwise, don’[t guess and leave a answer of "yes". If there is a broker out there then they should have this information based on the norm. I know that the Realtor contacts vary but just reply based on the normal or average Realty Contract. I really don’t think that I have to pay a fee if I find a renter but i am not sure. I think that I might have to pay for the fees associated with advertising the house for sale during the term of the contact if I terminate it prior to the end date but do I have to pay a fee for renting it out?

You are more than welcomed to terminate your contract immediately. For legal reasons, it is always best to mail him a dated copy of the termination of contract notice plus also keep a copy for yourself. To be safe, I usually recommend that it’s signed and mailed back to you or you can do all of this in person. There is no rule that you have to keep your current Realtor. In fact, you can fire your Realtor and get another one. Just because you agree to list with a Realtor for X days doesn’t mean you have to ride out the contract – it’s a huge misconception.

The Realtor might want you to reimburse him/her for the amount of money s/he’s spent into listing your home (ie: time, advertisement, etc). To be sure about what you’re liable for you, you should read your listing agreement with the Realtor.

If you get a renter, you are not required to pay the Realtor a thing. Remember that you contracted the Realtor to SELL your home and not rent your home. If you signed a sell or lease agreement, then you might have to pay him/her. But if it’s a listing contract to help you sell your home, then you don’t have to pay him/her a dime when you have a renter.

This enchanted Tudor home complete with turret & four fireplaces, offers 5 bedrooms, three full & one 34/ baths. It boasts a gracious 2 story entry with winding staircase, a formal living room with a large fireplace & beamed ceiling, a lovely sunroom with southern exposure and view of the Chehalis Valley fields, a formal dining room with built-in china cabinets & view of the Chehalis Valley, a large country kitchen with cooking island, fireplace with wood insert, a seating area, expansive amount of cabinetry, a pantry area and a breakfast area framed by the view to the south, a wine cellar, a 2 car attached garage off the kitchen, a master bedroom suite with a wall of closets, his & her baths, dressing room & fireplace. Upstairs presents with a bedroom that boasts built-in shelves & cabinets that could easily be a crafts room or sewing room, w large bedrooms with walk-in, cedar-lined closets, a sitting room with a view of the turret & a full bath with vintage 1930s fixtures. Another large upstairs bedroom surrounded by windows (maids quarters), along with another full bath is located over the garage & can be accessed from the kitchen. The basement offers a large family room with fireplace, a pool table & wet bar, a bath, a pantry, storage room & furnace room with wood storage & utility room. A single bedroom caretakers cottage sits on the property & could be turned into a lovely guest house. This property presents with new carpet, vinyl, casements, doors, bathrooms, paint & kitchen cabinets. New insulation was added underneath the house and the back fence was recently repaired! Call today for more information, or to schedule your own private viewing appointment.

Our Office has made a commitment to exceptional service, whether it’s helping you purchase that first home, or assisting you in the sale of your home of many years. We pledge to put our clients needs and concerns first and foremost. “Customers For Life” is our aim, by providing honest and ethical service, and by being there for you long after the deal is over. We offer Exclusive Brokerage to Grays Harbor, Lewis, Mason, Pacific & South Thurston County Buyers and Sellers.

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Sellers, because the real estate industry is becoming more sophisticated and challenging every day, you will need a professional that understands the industry and is positioned to stay ahead of the game. That’s why we constantly research the market and property values so your home is priced effectively from day one. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques! Please contact us today!

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RR Homes
281-330-2260
Realty Associates

Beautiful 3575 sq ft single story. This home has the WOW factor. 4 large bedrooms plus a huge gameroom, 4 full baths (1 outdoors), 2-2car garages. Impressive kitchen includes 6 burner gas cooktop, double ovens and custom cabinets. 10-12′ ceilings, 8′ interior doors, upgraded flooring and double crown molding throughout the common area. Indoor & outdoor living at it’s best!

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Matt Roll
832-641-6288
Realty Associates

Better Than New! This waterfront home has been professionally decorated with high-end features throughout. Amenities include Roman shades on all of the common area windows, a water softener, custom stone wall in family room (see pictures), Media Room including a riser & built-ins, and custom lighting Oversized game room with large bar at one end and a covered patio overlooking the lake at the other. Outside you will find extensive landscaping including a sprinkler system. 3 Covered Patios

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RR Homes
281-330-2260
Realty Associates

Incredible 4 bedroom, 3 bath, 3 car garage home! Unique split plan is perfect for entertaining or just relaxing! Large gourmet kitchen is centrally located to the family, breakfast, dining and first floor game room! The spacious master bedroom suite is a must see occupying the entire left side of this home! Minimum 11 foot ceilings in all the common areas! Huge covered patio on the back of the home to enjoy the refreshing breeze. This 3739 sq. ft. home includes beautiful upgraded cabinets & flooring throughout.

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For more information, contact:
Claude Ranieri (BrokerPresident)
Cell 732 740-8022
REMAX American Realty Associates

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Susan Stevens
970-217-3107
Ponderosa Realty Associates

Hilltop General Store, where the past is present. Located on nearly 2 acres of prime lakefront real estate in northern Colorado, the Hilltop General store was firt established in 1943, and has been a successful business operation showing good income for years. Property has had many additions and upgrades over the years and is in excellent condition. the business is multi faceted and includes: general store, gas and diesel pumps, propane bottle fill, liquor store, old fashioned ice cream shopp, antique and gift shop and six rental cabins. This is agreat opportunity to walk into a turn key ‘mom & pop’ operation.

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3451 Lakemont Pines Arnold CA Larry Quadrato Realty World Muetterties and Associates

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RR Homes
281-330-2260
Realty Associates

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Dawn Smallwood
9258188118
Empire Realty Associates

A masterpiece of supreme quality, this spectacular estate, will meet and exceed the desires and needs of the most discriminating buyer! Perfectly sited on 5 acres in Westside Danville, convenient to everything, the reclusive setting provides a private respite from everyday life. Featuring 6300 square feet of living area, this spectacular home displays a unique definition of luxury!

DRE# 01362209

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