Quick Answer: What Happens When You Decide Not To Sell Your House?

Can I take my house off the market and sell privately?

Yes, as the owner of the home, you can take your house off the market at any time.

If you’re selling for sale by owner (FSBO), you can simply remove your listing from everywhere you’re advertising, but you won’t recoup any costs related to marketing.

What happens if you change your mind about selling your house?

No one can force you to sell your home if you have changed your mind, your home will just be placed in a withdrawn status. You will still be “under contract” to the agent so they are protected from your listing with another agent or trying to sell on your own through the term of your original contract.

Do I have to pay my realtor if I decide not to sell?

You are not obligated to pay this Realtor any fees unless she fulfilled her contract obligations of selling your house. A: Great question, thank you for asking! Generally, Realtors do not get paid unless a closing occurs.

At what point is a house sale legally binding?

At any point up to exchange of contracts, the agreement to buy or sell a property is not legally binding. This means the seller or buyer can withdraw from the transaction at any time.