ON · Hamilton

Do I have to pay real estate agent fees if I pull out of a sale in Hamilton?

Whether you owe agent fees after pulling out of a sale depends on your circumstances and what agreements you have signed. If you are a seller who listed with an agent and then decided not to sell, check your listing agreement for a holdover clause. This means if you sell to a buyer introduced during the listing period, you may still owe a commission even after the agreement ends. For more context on how fees are structured overall, see what percentage most realtors charge in Hamilton.

If you are a buyer who had a firm deal and walked away without a valid condition to rely on, you could face legal consequences from the seller. Before making any decisions about pulling out, speak with a real estate lawyer. Find real estate agents in Hamilton who can also refer you to a local real estate lawyer if needed.