I am selling my hair salon first then plan to sell my home as I am getting married and moving to the US from Canada. When I chose a broker and he sent me a copy of the listing agreement, he wants me to initial saying that he has exclusive rights (vs. Multiple Listing) for one year. Also, when we discussed it initially, I told him the price I wanted to start at, he verbally suggested a lower price, and has already written his price suggestion on the listing agreement which I have not yet signed. I’ve since gone on his website and see my property already listed at his price. History: I had him appraise the business about a year ago (because someone was interested in buying it and they suggested him as the appraiser and I agreed) and the potential buyer decided not to purchase at the appraised value. If I were to list at the price the realtor is suggesting, I wouldn’t get the appraised value after his commission. What should I do?

Time to find a new Realtor. He has already broken the law by marketing your house before being given the right to do so. You need to remember you are the boss and shouldn’t feel bullied into things. I suggest you interview a couple of other Realtors to get their marketing plans and opinions of the value of your real estate assets (with information to back it up). You can always try to negotiate commissions, but you also need to remember that Realtors are professionals and might not be willing to take a cut in pay just as you might not do their hair for less than you usually do.

FYI, an exclusive right to sell agreement is NOT "vs Multiple Listing". Instead it is an agreement saying that only one Realtor can market your property and protects the listing agent when he puts it on the MLS making it available to all other Realtors (representing buyers)