I don't know about your current agent, but I certainly don't want to hold a client hostage. Technically, he/she is violating your contract already by not being available to you since they are contractually bound to represent your best interests. Obviously, avoiding you is not in your best interest.
As was said here before, ask your agent to release you. If they refuse, go to their broker. If they refuse, you can always throw the "Breech of Contract" word out there... that usually gets people to listen.
I hope this is helpful and really hope that you don't think this one agent is a representative for all of us! There are some great agents out there. Just like my philosophy with my clients: Don't let one bad apple ruin your opinion of the rest of the bunch.
Best of luck!
Brian Rayl, REALTORÂ®, e-PRO, SFR
Keller Williams Elite Park Cities
If she won't, call and speak to her broker (her "boss"). Tell him/her you want to be released from the agreement. It's likely he/she will agree, but will urge you to use another agent in the office. Be open to that possibility. But this time, interview them carefully and only then make a decision.
Hope that helps.
The number should have been filled in at the time the contract was signed. If there is no number on your signed copy, then she cannot just "put in any number."
As far as the protection period, it depends on the way that the contract was worded. It should also have a specific number of days for that protection period to elapse. If there is not a number written in that area or if it is not in the contract, then there is no protection period.
Best of luck to you!
It's more than real estate. It's RAYL-Estate!
Brian Rayl, REALTORÂ®, e-PRO, SFR
Keller Williams Elite Park Cities
Some clients want more attention than others. And, frankly, some clients are quite demanding. In either case, the expectations need to be spelled out and agreed upon by both yourself the buyer and the agent. And if she is not meeting her part of the agreement, then you should discuss hiring a new agent.
In most states, you should contact the Broker In Charge (her boss). Let the boss know of your dissatisfaction. They may have another agent who can help you. In the worst case, you can send a written letter of cancellation-- read your contract to determine how this should be done-- but can usually be done via mail or email or fax. Then you can hire a new agent.
The new agent may even have a standardized form you can fill out which can be emailed to the original agent. Then once you sign a new contract with the new agent, the old contract is voided.
REMEMBER however, that if you chose a home which the original agent showed you, then that original agent would be due a commission. This is likely explained in the contract. This is why you need to read your contract.
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I so sorry that your home buying process is not going so well. It's hard enough trying to find the perfect place to buy, but working with someone that is NOT on your side 24/7 does not help either!
Every state is different in the rules & laws on how to go about getting a new agent. But just like everything else the client should ALWAYS be happy! If you are truly unhappy you should ask the agent to let you go from your agreement because the relationship is not working out. You then should find a Realtor that will work with you & is not to busy for your time lines. In my area we will do a one-day agreement or a weekend agreement and see if the relationship will work for both parties.
I hope this has helped! Best of luck to you on your search for a home.
Jessica Brown ABR, e-Pro, Realtor
Long & Foster - Thurman & Associates
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Keep in mind, different states have different agency laws, so DO check out the state you are workig in.
Next step is to contact the broker of the agent & ask to have your agency agreement cancelled. You may; however, be obligated to pay a commission for any property he/she has shown you if you decide to purchase one of them at a later date. You deserve to have a "happy experience' in your home search.
Don't allow one unfortunate incident to change your buying focus.
All the best,
Kathy Hines/ Broker
Keller Williams Dallas Preston
Great question! Unfortunately, this is a pretty common one. If this had happened to me I would:
1. Speak with her about it and explain the reasons why you would like to be released from the contract.
2. Follow up this conversation with an email requesting the same and ask her to respond to it with her acceptance of terminating the relationship.
If this doesnâ€™t work, call the broker of record for the office where she holds her license and request the same from the broker....and then send an email confirming this to the broker.
Most agents and brokers donâ€™t want to hold clients hostage. If youâ€™re unhappy you tend to also make them unhappy....so you should be able to get this done pretty easily.
A great resource to find trained/experienced/full time agents in your market is to look at http://www.crs.com and click on the "Find a CRS" tab in the center of the screen. You will be able to enter the city or zip code of where you are looking at real estate and find a fantastic option for you to interview to be your new real estate professional. To earn this designation, an agent must sell a minimum of 25 homes and take a ton of classes.
(50% of the agents in many local associations do not 1 home a year and the bottom 80% generally sells less than 4 a year).
While there are plenty of great agents out there that do not hold a CRS designation, it is a great way for a consumer at a glance to have some degree of confidence that their new representative has the skills youâ€™re looking for to help you with your next real estate transaction.
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If you signed a Buyer Representation Agreement, that agreement is with the broker, not the agent. You can ask the broker to assign you another agent from within that brokerage. The representation agreement is a binding contract. The broker can choose to release you from that contract, but would most likely try to place you with another agent. Talk to the broker.
A representation agreement is a good thing for both you and the broker/agent. An agent cannot provide you with the same loyalty and level of service without the agreement. The broker and agent know that by you entering into a written agreement with them, you are committed to using their services to find you new home. Agents don't get paid unless they close a transaction for you and the representation agreement is your commitment to make sure they get paid for their services.
Of course, you should have a good relationship with your agent before you enter into a representation agreement. A buyer should interview several agents and chose who you feel can provide the time and expertise for you. Good luck!
REALTOR, ABR, E-PRO, GRI
This is typical of most agents - they will request you sign the agreement to protect themselves from buyers who use an agents time to see homes and then use a friend or relative to represent them purchasing the home the original agent showed the client.
However, the agreement specifically states that the Broker's obligation is to "use Broker's best efforts to assist client in acquiring property in the market area". If you feel that the agent is not doing that you should send them a notice that they were not available multiple times when you wanted to see homes, therefore they are in default of the agreement that both of you signed.
I hope this helps.
RE/MAX DFW Associates Frisco
If she is not willing to release the agreement your first option is to contact the broker of her office and ask to be re-assigned. Secondly if thats' not an option be honest with her - she invested time and efforts in your help and should be compensated, offer her a settlement for her time or have a chance to improve if shes doesnt...your last option is to seek an attorney to request a termination of the Exclusive Buyer Representation.
Sorry you are having such a hard time with the home purchase! I have seen your comments on here for a few months.
EXIT Advantage Realty
BROKER - REALTOR - Accredited Luxury Home Specialist
I would need to review the buyer's rep agreement then move forward with release of the contract .
Contact my office
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
The longer you wait, the harder it may be to get out of the contract without paying fees.
You certainly want to go with an agent that you feel comfortable with and that you feel will do the best job. Perhaps if you share that concern with the current agent, she may be able to put your concerns to rest OR you can end the contract and move forward.
Overall, you'll need to contact the agent or broker to discuss. No other agent will approach you or discuss the options with you until the contract is ended. Good luck!
If you do end up ending the contract and need a good referral in our wonderful city, let me know and I'd be happy to suggest a few for you.