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Homesweethome, Home Buyer in Philadelphia County,...

What are grounds for ending a business agreement with a real estate agent early?

Asked by Homesweethome, Philadelphia County, PA Mon May 4, 2009

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Jim Cheney’s answer
Your question is a bit vague. If you mean that you are working with an agent to find property and now you want to end that relationship then a letter should be fine. If you have entered a contract to buy a home, sell your home, or entered into a buyer's representative contract then you probably, need a real reason. Most contracts spell out how to cancel them early if needed. Most service contracts state that the agent has to use due diligence in the performance of the contract. This is usually where agents leave themselves open to being fired. They stop trying to actively sell your home, or stop trying to find you a home etc.

Good luck
0 votes Thank Flag Link Sun May 24, 2009
Hello Homesweethome,

Do you have a listing with a Realtor or are you a buyer with a buyer agent?

You can definitely end your agreement with your Realtor by simply writing a letter to the broker as well as giving it to your Realtor. If you signed a buyer broker agreement, there may be something written that states how to cancel your contract. Naturally, if your agent was not doing their job, you have the right to fire them. However, if they were doing their job, you may have to pay them for their time thus far.

Can you provide more details?

Renee Porsia
Associate Broker
(215) 669-0589 Direct
(215) 358-11100 office ask for Renee
0 votes Thank Flag Link Mon May 4, 2009
If the agent is not working with you and there has been a lapse in time. Or for some reason they did not do something they should have.

Are you having a bad experience? Could you give us more details or is this a general question?

Sean Dawes
Long and Foster Real Estate Inc.
Web Reference: http://www.SeanDawes.com
0 votes Thank Flag Link Mon May 4, 2009
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