A termination clause which defines how the agreeement may be terminated is a required feature of agency agreements in Maryland. In general terminations are done in writing in accordance with the contract. What I have provided is information as it relates to Maryland. For legal advice on your specific situation, contact a lawyer.

If you signed a buyer agency agreement, you are bound by the terms and conditions of that agreement. If the agency agreement was specific to only one property and your offer was not accepted, then the agreement should be able to be terminated. Check your agency agreement for a cancellation clause. If you have a cancellation clause, you can terminate based upon the terms and conditions set forth in the clause.

If your agency agreement does not include a cancellation clause, discuss this with the agent's manager to see what can be worked out.

After the agreement has been terminated, you will then be free to work with another agent.

I do not know the circumstances surrounding the offer and why it was not accepted. It is not necessarily the fault of your agent that the offer was not acceptable to the seller. I don't know the reasons why you no longer wish to work with the agent and this may be completely off base. But do keep in mind that the agent who wrote the offer for you has spent their time, their knowledge, their energy and their own money working for you with no compensation.

You would need to review the agreement to see what the agreed time period was. Read the agreement carefully. If you were not satisfied with that agent for some reason, you should contact his/her manager to see what is required to terminate the agreement. Good luck to you.

Lisa Devnew
Coldwell Banker
LDevnew@cbmove.com

The buyer agency agreement that you signed remains in effect according to the term limits set in paragraph 1 and 4.