Legal Q&A | Is an email from a buyer's agent "terminating" a contract effective?

QUESTION: I have several questions. I am a listing agent, and my client signed a contract several weeks ago. I just received an email from the buyer's agent stating that his client was terminating that contract. The email was received before the expiration of the due diligence period. Is an email from a buyer's agent, which is not actually signed by the buyer, sufficient to terminate a contract? Aren't buyers required to use a termination form provided by NC REALTORS®, as opposed to an email, to terminate a pending contract?

Updates from NAR Legislative Board of Directors Meeting

At its May 11, 2023, meeting in Washington, D.C., the National Association of REALTORS® Board of Directors took the following actions:

• Approved two Diversity Committee recommendations that will make it a requirement for future Board of Directors members to complete the At Home with Diversity, Bias Override: Overcoming Barriers to Fair Housing, and Fairhaven training.
• Approved the 2024 budget proposal which is linked to the Strategic Plan and Diversity, Equity and Inclusion Strategic Plan. The 2024 annual dues amount will be $156 per member; that does not include the $45 per member annual assessment for the “That’s Who We R” consumer advertising campaign.
• Elected Kevin C. Brown, AHWD, C2EX, of Oakland, California for 2024 First Vice President. NC REALTORS® Asa Fleming served on Brown’s campaign team.

NC REALTORS® inducted into the RPAC Hall of Fame

During the 2023 NAR Legislative Meetings, a few of our members were inducted into the RPAC Hall of Fame, a very high honor at the national level. Congratulations to all on this achievement. You can find a full list of recipients here.
 
 

Want to join a Toastmasters Club with Real Estate Professionals? NC REALTORS® has one!

Attention NC REALTORS®! Have you been looking for a way to improve your public speaking and leadership skills? Look no further than the Virtual Toastmasters Club for Real Estate practitioners in NC! This club is not affiliated with NC REALTORS® but is hosted by NC REALTOR® members. Fill out this interest form below to join and start honing your communication skills today!
 
 

Download the Tech Helpline app

Connecting with your tech support team is even easier with the Tech Helpline app! Through the app, you can call for help, open a case and chat with an analyst. Get it on the App Store or Google Play by searching "Tech Helpline" and have easy access to all your favorite Tech Helpline features. Download today on your Apple or Android device.
 
 

The Dos and Don'ts for Getting Listings

There is a good chance you're using marketing tactics that are not only ineffective but may be turning people off. The last thing you want to do is drive clients away because you're too pushy, too disruptive or too desperate. Avoid these bad behaviors, learn the hot marketing strategies, and get a full 12-month real estate marketing calendar with The Paperless Agent's Listing Marketing Checklist. Join the training Thursday, May 18 at 12PM. Register »