FSBO believes they can sell a home TWICE!

It`s important to really know what a contract is when selling a home.Many think our jobs as Realtors require little or no skill.
We showed a home yesterday which we have listed. Next door is a FSBO who approached us about selling their home.
We met a few hours later,to discuss the best strategy in marketing the home.
After 20 minutes the FSBO wanted to know if we could "Sell a Home" which is already in contract!
That`s a hard one to beat! As i asked them a few questions I began to realize they wanted to sell their home twice.

The Conversation is a follows:
FSBO: We made a horrible mistake! We feel the contract we signed two weeks ago should be "Null and Void" our attorney disagrees.

Me: You`re under a contract, it`s binding. We can`t list the home if it`s already sold.

FSBO: Why not?! We`re going to stop the sale of our home, we were cheated.

Me: Cheated, how? You signed the contract knowing full well what the sale`s price was, right?

FSBO: We didn`t think these people could qualify! We don`t want to sell now, it`s our right to change our minds.. What kind of a country is this?!

Me: I don`t know what to tell you! We can`t sell a home twice, it`s illegal.

FSBO: My wife and I won`t go to closing!

There is a fine line when it comes to executing a contract.

Often FSBO`s get into trouble because they`re not quite familiar with a contract. In this case, the FSBO now feels cheated for naming a price, agreeing to sell and feel it`s within their rights to cancel a contract.
Good Luck i told them as I started for the door, shaking my head in disbelief...