Guide for home sellers

Can You Take Your House Off the Market in Virginia?

Your house has been listed for a while. The showings slowed down, the offers were low, or life changed and selling right now just does not fit. So you are wondering: can I take my house off the market?

Yes, you can. You own the house, and nobody can make you sell it. But how easy it is depends on two things: what your listing agreement says, and whether you have already accepted an offer. Here is how it works in Virginia, in plain terms.

We are not attorneys, so have a real estate lawyer read your contract if money or a signed offer is on the line. But we talk to sellers in this spot all the time, and these are the questions that come up most.

Can You Take Your House Off the Market at Any Time?

Before you accept an offer, almost always yes. Your agent can pull the listing down from the MLS and the big home sites, usually within a day or two.

After you sign a contract with a buyer, it is a different story. That contract is binding. You usually cannot just change your mind. You would need the buyer to agree to cancel, or a contingency in the contract that lets you out. Backing out without one can lead to the buyer suing you to force the sale or to cover their losses. If you are under contract and want out, call a real estate attorney before you do anything.

Withdrawing vs. Canceling Your Listing

These two sound the same, but they are not.

  • Withdrawing takes the house off the market, but your listing agreement is still in force. You are still working with that agent until the agreement ends. If you sell the house during that time, they may still be owed their commission.
  • Canceling ends the listing agreement completely. You are free to sell on your own, hire a new agent or keep the house. Most agents will agree to cancel if you ask nicely, but they do not always have to. Your contract decides.
  • Letting it expire is the third option. Every listing agreement has an end date. If you are close to it, sometimes the easiest move is to wait it out.

If you want to switch agents or sell another way, ask for a written cancellation, not just a withdrawal.

Do You Have to Pay Your Realtor If You Take Your House Off the Market?

Usually not. In most cases, the agent gets paid only when the house sells. If you pull the listing and keep the house, you normally owe nothing. But read your agreement for these three things:

  1. A cancellation or early termination fee. Some agreements charge a flat fee if you end the listing early.
  2. Marketing costs. Some agents ask you to pay back what they spent on photos, video, virtual tours or ads.
  3. A protection period. This is the big one. Many agreements say that if you sell to a buyer the agent brought in, within a set number of days after the listing ends, you still owe the commission. So pulling the listing and then selling to someone who toured it last month can still cost you.

If you cannot find these in your contract, ask your agent to point them out. It is a fair question, and a good agent will answer it straight.

Why Sellers Pull Their Listing

There is no shame in taking a break. These are the most common reasons we hear:

  • Life changed. A job fell through, a move got canceled, or family needs the house after all.
  • The listing went stale. After a few weeks with no offers, buyers start to wonder what is wrong with the house.
  • The offers were too low. Sometimes the price was off. Our guide to finding your home’s fair market value can help you check it.
  • Repairs came up. An inspection turned up problems you did not know about. See the things that most often fail a home inspection.
  • You do not like your agent. Poor communication, no marketing, or no plan to get the house sold.
  • You want to wait for a better season. Spring is usually the busiest time to sell. Here is the best month to sell a house in Virginia.

What Happens to Your Days on Market?

A lot of sellers pull the listing hoping to come back later looking “new.” That does not always work. Many MLS systems keep counting your days on market if you relist the same house within a short window. And buyers’ agents can often see the listing history anyway.

Coming back with something real changed works much better: a new price, fresh photos, repairs done, or a new agent with a better plan. Our guide to getting a house ready to sell covers what is worth fixing.

Your Options After You Take It Off the Market

  1. Wait and relist. Fix what held it back, then try again with the same agent or a new one.
  2. Sell it yourself. You save on commission, but you handle the pricing, showings and paperwork. Here are the pros and cons of selling a house privately.
  3. Rent it out. This can work if your mortgage payment is low, but you become a landlord, with repairs and tenants to manage.
  4. Sell it as-is for cash. No more showings, no repairs and a closing date you pick.
  5. Keep it. Sometimes the right answer is just to stay.

Selling Off-Market for Cash

If the house is in good shape and you have time, relisting with a good agent will usually get you more than we can pay. We will tell you that on the walkthrough.

But if it needs real work, or you are worn out from showings and want it done, here is exactly how we figure out an offer. We work out what the house will be worth once it is fixed up. Our offer lands between 70% and 80% of that number, and that range has to cover both what we pay you and what we spend on the repairs.

Say the house would be worth $300,000 fixed up and needs $40,000 of work. 75% of $300,000 is $225,000. Take out the $40,000 of work and the offer is around $185,000.

No repairs, no commissions, and we pay all the closing costs. We can usually close in 10 to 14 days, or later if you need more time. If you are still in a listing agreement, finish or cancel it first so you are not on the hook for a commission. Then we can talk. Our guide to the closing process explains what happens after you say yes.

We buy across Hampton Roads: Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk, Hampton and Newport News.

Common Questions About Taking a House Off the Market

Can I take my house off the market before the listing contract expires?

Yes. You can ask your agent to withdraw or cancel the listing at any time before you accept an offer. Check your agreement for any cancellation fee or protection period first.

Is there a fee for taking a house off the market?

Usually not. Some listing agreements include a cancellation fee or ask you to repay marketing costs, so read yours before you call your agent.

Can I back out after accepting an offer?

Not easily. Once you sign a purchase contract, you are bound by it unless the buyer agrees to cancel or a contingency lets you out. Talk to a real estate attorney before you try.

How long should I wait before relisting?

There is no set rule. What matters more is coming back with something changed, like a better price, repairs or a new agent. Waiting a few weeks with nothing different rarely helps.

Can I sell to a cash buyer while my house is listed?

You can, but your agent may still be owed a commission under your listing agreement. The cleanest path is to finish or cancel the listing first.

Thinking About Pulling Your Listing?

Call us at (757) 337-2236. We will walk the house, give you a number within 24 hours, and tell you straight if relisting would get you more. No pressure either way.

Joey Gizzi

About the author

Joey Gizzi, Hampton Roads Cash Home Buyer

Joey started Coastline Homebuyers in 2020 and has served on active duty for more than ten years. He and Chris walk every house and write every offer themselves, across seven Hampton Roads cities.

More about Joey and Coastline

Sell Your House for Cash in Hampton Roads

Get a free cash offer within 24 hours of the walkthrough. No fees, no repairs, and the price we offer is the price at closing.