I'm not looking to defend listing agents of short sales or get into any disagreements but sometimes a listing agent has done everything they possibly can but the seller has no motivation to short sell and its not the agent's fault. Although there are times when inexperienced agents list short sale properties and part of the blame is the listing agent's fault.
Getting back to your question -you can work with any agent you choose to but if you signed the exclusive agreement, the first agent may get paid no matter what. Look through your documents and see what you signed.
Gina Chirico, Sales Associate
973-575-6353 ext 17 office
Unless your buyer's agent "sees all" he wouldn't know the reasons why this process is delayed -- why the seller isn't cooperating.
If the deal falls through, yes, if you could find another agent ---- BUT what agreement(s) have you signed with your agent? Some buyers representation agreements state how long your agent works for you. Make sure you aren't obligated.
But before you change agents, please discuss the reasons of your perceived unhappiness....give that agent the benefit of either performing better, or illuminating the reasons why your offer is not progressing. Just know that short sales are very time-consuming and energy-sapping. It's not for everyone unless you are clear on what to expect and you are knowledgeable about the process.
First the Seller must provide documents if they want to do a Short Sale they take patience on everyone part except on the banks time. Theymake the rules in the Seller does not give them then they will just go to foreclosure Period
If the deals falls apart you are free to look for another property and also another agent if " Your Buyers Agreement has expired or is property specific. Your agent if he is not the agent for the seller really cannot do anything or in most cases will have no clue what is going on unless the sellers agent fills them in. THe attorney's don't take with anyone unless they need paperwork or the are the ones working on the short sale for the seller.
This being said you are just the contract purchaser if the time expires on you contract you are free to walk away and go to another property.
If you would like to learn more about short sales I would recomend that click the link below and receive a Free cipy of "My Book Should I short Sell my home" It will give you insight into the process. It can't give you the deal or the patience
I suggest that you instruct your agent to speak with the seller's agent as maybe the seller's agent can speak with her clients about it and express the urgency of getting the documents to the lender also letting them know that the sale might not close otherwise.
Hope this helps.
Good luck to you!
Prudential Connecticut Realty
The seller's attorney and seller's agent (both or one of them) usually take care of all the short sale transaction.
No matter what, It seems like you are not happy with your buyer agent. If this transaction is cancelled, of course you can get another agent and another house.