I met with an agent, explained I didn't want a long term agreement, maybe till school was out, as I was only looking at size, areas, prices right now. She said standard was 6 mo. I said I preferred shorter, she said it's what we agree too ( as in she and I make our own terms). I signed the agreement, ask for a copy, she said she would scan then in and email it to me. 10 days later, I'm requesting a copy again. She gave me an excuse for not getting it to me. When I received it, it said 6 mo. Not what I requested. I then questioned her and she said no less than 6 mo as that was what all their office's do. But it was to late to redo the time on it. I don't want to work with her. She will not get my listing, nor will her office. But she says I'm locked in until after the 6 mo. Which means the fall and I can't sell in the fall, it will be off season for selling a family home.
Asked By D Thornton | Broken Arrow, OK | 83 views | Working With An Agent | 1 month ago
First, know that you are not alone. It is frustrating when the agreement you thought you made with an agent does not match what you received in writing. In Oklahoma, the Buyer Broker Service Agreement (BBSA) is a legally binding contract, but it can usually be canceled if both you and the broker (not just the agent) agree in writing. Here are your options: ✔️ Start by requesting to terminate the agreement in writing. Ask the broker (meaning the office’s broker, not just your agent) to formally release you. ✔️ If the broker refuses, review the agreement carefully. Some BBSAs have a “termination clause” explaining what happens if you want out. ✔️ Be aware of the protection period. Even if you terminate, you might still owe a commission if you buy a property you first saw with that agent within a certain time frame. ✔️ You may need to escalate. If you feel you were misled or pressured into signing under terms you did not agree to, you have the right to file a complaint with the Oklahoma Real Estate Commission (OREC). Most reputable brokers will not want to force an unhappy buyer to stay under contract. Real estate is a relationship business, and no good broker wants a client who feels trapped. At the end of the day, you should work with an agent who listens, communicates clearly, and honors what was agreed upon. If you need more resources, the Oklahoma Real Estate Commission offers consumer guidance at http://orec.ok.gov.
<< Find an Agent in Your Area to Get Your Home SOLD >> Being a real estate agent, like any service job, can be tricky to navigate, especially when you are just getting started. Many of the connections between home buyers or sellers and agents are made through word of mouth. Odds are, if you told a group of your friends that you
Hiring a high-quality real estate agent is important for both buyers and sellers. Buyers need an agent who can write competitive offers while sellers need a strong negotiator to help them get the most for their homes. Homeownership involves some of the biggest financial transactions in your life, regardless of whether you are buying or selling
In March 2024, the National Association of Realtors (NAR) agreed to pay $418 million in damages in a class action settlement while promising to change home sale rules that were deemed unfair to buyers and sellers. The new changes were enacted in August 2024, with buyers, sellers, and Realtors trying to figure out how the new rules will affect them
Login
Email already exists
It looks like you've already started signing up with this email, but haven’t completed the process.
To continue where you left off, click the button below and we’ll send you a verification link to finish onboarding.