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Rainmaker
4,018,869
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Legally, as outlined by our Real Estate Commission.

Mar 29, 2017 11:06 AM
Rainmaker
5,488,807
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I think that Nina Hollander gave you the best answer.  A

Mar 29, 2017 11:14 AM
Rainmaker
5,571,077
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

professionally and legally....

Mar 29, 2017 11:25 AM
Rainmaker
1,632,842
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

The letter of the contract concerning the cancellation must be followed.

Mar 29, 2017 11:12 AM
Rainmaker
1,831,045
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

with the appropriate documentation 

Mar 29, 2017 05:40 PM
Rainmaker
1,707,397
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Legally

Mar 29, 2017 03:06 PM
Ambassador
2,559,900
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

What does the contract say?  Do that, otherwise get an attorney.

Mar 29, 2017 02:59 PM
Rainmaker
142,696
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Get all signatures and move on wishing everyone involved the best.

Mar 29, 2017 01:12 PM
Ambassador
3,248,461
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

Whatever the contract says is how we handle a cancelleation.

Mar 29, 2017 12:50 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It depends on the circumstances and what is needed to be done. 

Mar 29, 2017 12:31 PM
Rainmaker
543,818
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We handle these as outlined in the contract.

Mar 29, 2017 11:30 AM
Rainmaker
4,125,288
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Get the parties to sign off on the earnest money disbursement and move on!

Mar 29, 2017 10:51 AM
Rainmaker
1,453,927
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

I've never had a contract canceled. I've had contracts terminated due to a contingency, underwriting issue, committement letter issue.

Mar 29, 2017 10:50 AM
Rainmaker
1,375,982
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Nina Hollander hit the bullseye!

Mar 30, 2017 11:23 AM
Ambassador
3,030,033
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Pursuant to the terms of the contract.  All done correctly, legally and professionally. 

Mar 30, 2017 08:45 AM
Rainmaker
3,315,849
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I do everything i cn when writing them so they do not fall apart. When a deal is ended, it is in writing and follows the original contract for relief. 

Mar 30, 2017 05:44 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Nina Hollander nailed this one!

Mar 30, 2017 05:43 AM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

With professionalism, and following the rules of (in our case) REBBA (Real Estaste and Business Broker's Act) and our Board.

Mar 30, 2017 04:52 AM
Rainmaker
2,018,930
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Conclude them with the correct paperwork

Mar 30, 2017 03:33 AM
Rainmaker
725,960
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

We have one or two here and there throughout the years. We use the Cancellation of contract addendum, dot our eyes and cross our t's.

Mar 30, 2017 02:31 AM
Rainmaker
1,512,129
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

If you have to cancel, what can you do? Sign all paperwork fast and move to a next buyer or property. 

Mar 29, 2017 10:02 PM
Rainmaker
1,206,044
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Get it done, journal on what happened, learn from it.

We are either learning or winning.

Keep on moving, but give yourself a moment to collect yourself.

Mar 29, 2017 08:56 PM
Ambassador
4,542,480
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I follow the contract and in accordance with the Bureau of Real Estate here in CA. Make sure everything is signed, dated and copies provide to all the appropriate parties.

Mar 29, 2017 08:45 PM
Rainmaker
144,616
Julie Larson Realtor® Sarasota FL 941-882-0322
PalmerHouse Properties Florida - 941-882-0322 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

According to the contract!

Mar 29, 2017 06:23 PM
Rainmaker
3,985,831
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Professionaly

Mar 29, 2017 05:16 PM
Rainmaker
415,291
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, GRI,SFR, REALTOR®

.............................smells like spam

Mar 29, 2017 04:36 PM
Rainmaker
280,449
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!

Kill it and move on.  Might be good to do an "autopsy" to see where it went wrong.

Mar 29, 2017 03:29 PM
Ambassador
3,707,032
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

With dignity and respect...

Mar 29, 2017 01:57 PM
Rainmaker
563,329
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Once again Nina Hollander has answered perfectly...

Mar 29, 2017 01:23 PM
Rainmaker
1,157,485
FN LN
Toronto, ON

It depends on the terms of the contracts and whether I have any role in the matter.

Mar 29, 2017 01:00 PM
Ambassador
5,329,286
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Lick my wounds and move on.

Mar 29, 2017 12:29 PM
Rainmaker
878,451
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

????

"..how do you deal with?...." an adult beverage works.

"How to cancel or terminate a contract"  means you follow the published instructions.

Just like putting on your socks in the morning, it is not a big deal...if you read and follow the instructions. Toes go in first and get signatures on the right documents.

Mar 29, 2017 11:37 AM
Rainmaker
1,044,289
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

As is dictated by the contract and the laws of Virginia and never ANONYMOUSLY 

Mar 11, 2018 12:48 PM
Rainmaker
4,849,532
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mark them canceled, and move on.

Mar 31, 2017 12:15 PM
Rainmaker
872,541
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

We deal with them according to what the contract stipulates, make sure everything is done legally, and then we move on.

Mar 30, 2017 08:48 PM
Rainmaker
2,630,919
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All must come to mutual agreement on this subject...

Mar 30, 2017 09:52 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

well I market the property for another one

Mar 30, 2017 06:44 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Professionally.

Mar 30, 2017 05:29 AM
Rainmaker
6,500,481
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Follow the terms of the agreements and move on to another transaction.

Mar 30, 2017 05:22 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

By sending written release.

Mar 29, 2017 09:13 PM
Ambassador
4,173,337
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

According to your state guidelines and per the Contract.

Mar 29, 2017 08:39 PM
Rainmaker
842,990
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Case by case. More than one way to deal with them depending on terms that were in the contract.

Mar 29, 2017 02:47 PM
Rainmaker
1,145,570
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

A way of life.

Mar 29, 2017 12:51 PM
Rainmaker
864,258
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Get both parties to sign off the cancellation and Voila!!!

Mar 29, 2017 10:45 AM