Get And Sign Exclusive Right to Sell Listing Contract Colorado Real Estate Commission approved Form
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How can I get out of a real estate contract when I priced the property too low and really feel it is a mistake to sell it?Number one thing is to step back and think objectively talking to your listing agent. Hopefully, you did use an experienced Realtor to help you set the price. If a home is priced correctly, you should expect to have interest and offers early. You may have to wait a while before you get another similar offer. When a home first goes on the market, you get both the people who’ve been looking for possibly weeks or more plus new buyers just starting.If you truly want to get out of the contract talk to a real estate attorney. As a seller contracts really don’t give you much out unless a buyer defaults. If this your homesteaded home, you may be able to avoid being forced to sell but could be held liable for buyers costs and possibly damages. Your home may even be held up from being sold to someone else. If you have a listing agreement, you may be responsible for commissions.Think carefully, then talk to an attorney.
Is my real estate agent being honest? He said he has to pay $100 to Zillow each time someone fills out the contact listing agent form on my house. True?Not to my knowledge. In my area, the way Zillow works is it pulls listings from the MLS (multiple listing service) unless I check a box that says the seller prohibits this. So it’s no more work for me to list your property on Zillow than in the MLS. Zillow sells real estate agents “leads” (queries about specific properties) or (in a new program) takes a % of the brokerage fee after a property has closed. Contacting agents online is free to both parties.
How do generic drug companies figure out how to make FDA approved drugs when the "recipe" is confidential? If they knew how to make the generics all along, what keeps them from selling them underground before the drug maker's exclusive rights expire?When the patent expires, the recipe is accessible. Until the patent expires, it’s illegal to duplicate it. The “active ingredients” are listed in the literature that comes with a prescription but not the proportions, and the drug company that developed the original recipe experimented over a long period of time to find the right combination that maximizes both effectiveness and safety. If a company tries to make a generic without knowing the right proportions, the end result might not be as safe or as effective, and it’s not a true generic (which would have the exact same ingredients) but an “alternative” to the patented drug.