My buyer has backed out and is not reachable how do I mark my property as active? I do not have the termination contract.​

My buyer has backed out and is not reachable how do I mark my property as active? I do not have the termination contract.​

If the buyer has changed their mind and is not responding, follow these steps to terminate the contract:

Contact Escrow or Settlement Agent:
Reach out to the Escrow or Settlement Agent involved in the transaction. Ask for the termination contract that outlines the steps to end the agreement.

Attempt Buyer Communication:
Try to contact the buyer to discuss the situation and confirm their decision. If communication is challenging, use various channels to reach out.

Request Written Confirmation:
If all attempts fail, request written confirmation from the buyer via email or mail stating their intention to void the contract. This provides a clear record of the agreement termination.

Info
Additionally you would need to update the listing status to "active" status once the contract is terminated. 


    • Related Articles

    • How to mark the property as Active again from Sale Pending, if the contract is terminated?

      If your contract is terminated, you can update your listing status back to Active by raising a Change MLS Listing – Active amendment on your Houzeo account. Follow the steps below to submit an amendment to change the listing status from Pending to ...

    • How to mark the Listing status of the property as Pending?

      Here are the steps to raise an amendment to update the status of your listing to Sale Pending or Under Contract: Step 1: Click on the "Change MLS Listing" option on your Houzeo Dashboard. Step 2: Click on the "Pending" option under the 'Listing ...

    • How can I change the status of my listing to Sale Pending?

      Here are the steps to raise an amendment to update the status of your listing to Sale Pending or Under Contract by using : Houzeo Mobile App Step 1: Log in to your Houzeo Mobile App and click on 'My Homes" and click on your properties' "Primary ...

    • How can I cancel my MLS listing on Houzeo?

      Can I cancel my MLS listing at any time? You may cancel your MLS listing at any time by submitting a change request through Houzeo website assuming there is not a contract pending on the property involving a buyer who was procured by a cooperating ...

    • How can I change the status of my listing to Sold?

      Congratulations on the sale of your property! Below are the steps to raise an amendment and update the listing status to Sold: If you missed to mark your listing as Sale Pending before marking it as sold, please refer to this article and follow the ...