Without seeing the buyer -broker exclusive employment agreement I could not give an exact answer.. The buyer agent is paid most of the time by the seller and not the buyer. You have an agreement with the broker not the agent (unless they are the broker) to purchase a home in the next 6 months through that brokerage. Should you purchase a home on your own or through another agent you could be responsible
for a 3% compensation to that agent.
If you do not want to be represented by that agent or broker, just ask for it to be severed or cancelled. Get it in writiing if they do cancel. Most agents will comply. If that agent does not comply, then kindly ask for the broker and ask them. Just ask...
Or you could ask for another agent in the same brokerage. Worst case is that you have another agent help you and they give the contracted agent referral fee to let you go. It should not come to that. - Tue Jun 24 2008, 17:07