It is possible to cancel a Zillow Premier Agent advertising contract before the end of the current term. However, there are certain conditions and fees associated with early termination.
If you are a Premier Agent and wish to cancel your advertising agreement, the first step is to contact your business consultant. They will guide you through the cancellation process and provide you with the necessary information and forms.
It’s important to note that cancelling your Premier Agent advertising contract before its expiration will result in an early termination fee. The fee is calculated as twice the monthly minimum spend stipulated in your contract. This means that if your monthly minimum spend is $500, the early termination fee would be $1,000.
To avoid any confusion, make sure to carefully review your contract and understand the terms and conditions before deciding to cancel. Take note of the contract term, the monthly minimum spend requirement, and any other relevant details.
Keep in mind that cancelling your Premier Agent advertising may impact your visibility and lead generation on Zillow. If you have been relying on Zillow for a significant portion of your leads, it’s important to have a backup plan in place before cancelling your advertising.
Personal experiences and situations can vary, so it’s always a good idea to consult with your business consultant and assess your individual circumstances before making a decision. They can provide insights and advice based on their knowledge of your specific market and business needs.
While it is possible to cancel a Zillow Premier Agent advertising contract before its expiration, there is an early termination fee equal to twice the monthly minimum spend. It’s crucial to review your contract, consult with your business consultant, and have a backup plan in place before proceeding with cancellation.