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how do i return a key and sign for an expired contract?

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how do i return a key and sign for an expired contract?

My contract expires thursday .i would like to return keys sign ,I am being referred to another realtor who is a family friend and just passed realty test.

Asked By Renee Caraballo | port charlotte florida, FL | 26 views | Tips Advice | 1 week ago

Answer(1)

Novice

3 Answers

Ashley Watters

EXP Realty

(22)

If your contract expires on Thursday, you are generally free to work with another realtor after that date, as you are no longer under obligation to your current agent once the listing agreement expires. It’s courteous and professional to let your current agent know that you will not be renewing the agreement and that you’d like to return any items, like keys and signage. Here’s what you can do: Notify Your Current Agent: Let them know in writing that you will not be renewing the listing agreement after it expires on Thursday. You can also arrange a time to return the keys and sign. Check for Post-Listing Clauses: Some contracts have a protection period (often 30-90 days) that protects the agent’s right to a commission if they procured a buyer before the contract expired. Make sure you understand this section. Be Upfront with Your New Realtor: Since your new agent is a family friend who just got licensed, be mindful they may be learning the process. You may want to provide them with some support or consider whether working with a more experienced mentor alongside them could be beneficial.