We signed a buyer's agreement to look at homes in our desired area. We thought we were going to work with a specific agent, but then another agent was assigned to us. That agent is not a good fit and we want to cancel the buyer's agreement immediately and work with a new company. How do we cancel a buyer's agreement quickly? We are on a tight timeline and don't have time to let the agreement run out. There's also no way we want to continue with the current agency.
Asked By Drew | Naperville, IL | 13 views | Buying | 6 days ago
You should be able to cancel your buyer's agreement in writing with the original agent's brokerage. It is state by state dependant but you can always reach out to the Broker of the office or company, or the local Real Estate Board to find out what is possible.
Read the agreement. IF the agreement doesn't address canceling, contact a local attorney. Often you can get the answer for just the consult fee. Real Estate laws are handled at the state level, so the rules are different from state to state.