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sophieschoice61 Asked October 2015

My parents put their house on the market for 6 mos when checking signed contract they realize realtor put wrong year. Advice?

So instead of six months it's a year and a half. Parents age 72 and 80.

pamstegma Oct 2015
How long has it been on the market? If it is already six months and it has not sold, the property is either priced too high or it needs some fixing up. A little paint here and there goes a long way.

freqflyer Oct 2015
sophieschoice61, have your parents contacted the Realtor to question the date? It could be just an error which can be easily changed. A Realtor wouldn't want to lose a good client.

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MaggieMarshall Oct 2015
Im assuming you want to cancel this listing? Shouldn't be much of a problem. Exactly where is the date wrong? Expiration? In Illinois, our contracts are written automatically for a one-year expiration and a line that one fills in that allows cancellation after X days. I usually filled in ninety.

Be sure to read that area of the contract carefully. If the whole CONTRACT is misdated, then the contract is invalid, in my lay opinion.

If the listing is indeed written so that it has an 18-month expiry, and you want to cancel the listing, contact the real estate office broker and discuss it with him. Stop all showings on the property in the meantime. Realtors don't want to work with uncooperative sellers.

If I had more information, such as WHERE the Realtor inserted the wrong date, I might give more or different advice.

I am a retired Realtor, not an attorney. My answers come from Realtor rules and regulations effective in Illinois when I was in the business.

GardenArtist Oct 2015
If the realtor won't correct/change the listing contract, contact the local real estate board and make a complaint.

Maggie Marshall is a former realtor; perhaps she'll come along and offer some professional insight.

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