If you didn’t sign a buyer’s agent agreement, you are not legally tied to that agent, and can move on whenever you please. That said, after meeting an agent more than once, some (less experienced agents usually) might think (or at least hope) you two are together until closing.
Do you have to stay with one realtor?
Is this legal? A: Unless you signed a Buyer/Broker agreement with the first Realtor you are not legally required to use them.
Are you tied in with an estate agent?
Most estate agents include in their contract a ‘tie in period’ which will often be for 8-16 weeks. If this agreement is on sole agent terms, then you will be contractually obliged to continue using them, even if you’re unhappy with their service or they’ve not generated any interest in the property.
Is it OK to switch Realtors?
As long as you have not signed a buyer’s broker agreement, you are free to switch real estate agents. If you have signed an agreement and wish to work with someone else, you might not be able to terminate the relationship. Even if you have a list of grievances, be professional and courteous.
Can you have 2 Realtors at once?
A multiple-listing agreement sees you sign up with a single agent – but rather than the property being sold by just that agent, the listing is shared with other agents who are members of a multiple-listing network.
Can I talk to more than one Realtor?
Working with more than one real estate agent is fine when you haven’t signed an exclusive agreement with anyone, says Adam Aguilar, a Realtor® with Reliantra in West Toluca Lake, CA. “You can use as many as you wish unless they stop to ask you to make a commitment to them, in writing,” Aguilar adds.
Are you obligated to a realtor?
Once you sign a buyer’s agent agreement, you are legally obligated to work with that agent. … If you try to switch to a different agent during this period without canceling this contract, you could land in legal hot water.
Do you pay realtor if house doesn’t sell?
Do I have to pay a real estate commission if the sale falls through? Some commission-based real estate agents stipulate that you must pay the commission even if the sale of the property falls through before settlement. This is known as unconditional commission.
Can you refuse to pay estate agent fees?
If they don’t give pre-contract information
If the estate agent doesn’t give you this information then they won’t be able to claim payment of their fees until they’ve got a court order to receive the payment. The court can grant the order for the full amount or a reduced amount, or can refuse to give the order.
Do estate agents charge if no sale?
No sale, no fee
Most high street agents are no sale no fee. Most online estate agents will ask you to pay upfront, but many offer a ‘no sale, no fee’ guarantee – which means you won’t have to pay if the sale falls through.
How do I tell my realtor I went with someone else?
During your scheduled call, tell your real estate agent you’ve chosen to work with someone else and thank them for their time. They may ask if you’ve signed an exclusivity agreement with someone else. You don’t need to disclose any other information if you don’t want to.
What should I not tell a real estate agent?
Ross says there are three things you never need to disclose with your real estate agent:
- Your income. “Agents only need to know how much you are qualified to borrow. …
- How much you have in the bank. “This is for your lender to know, not your real estate agent,” he adds.
- Your personal and professional relationships.
Can you buy without a realtor?
There’s no legal requirement that you have to use a real estate agent to buy or sell, she adds.
What makes one realtor better than another?
A great real estate agent will keep communication open. If you schedule a call or an appointment with them, they’ll be there. And they’ll be honest about the homes they show you, even if they could earn a higher commission by selling you a house that’s outside of your budget or in an unfamiliar neighborhood.
Can two agents sell a house?
Your best option if you want to work with multiple agents is to do a conjunctional sale with two agents. If you’re actually stuck between who to represent you and want to work with two parties, then go with both, make them work together and the fee is split evenly between them.