we signed a buyer's agent form when we first began looking for a home... we have been told that because we cluelessly signed the form, we are obligated to buy a house through him. How long is this buyer's agent form valid for? Of course, we are going nuts looking for our copy of the darn form and cannot find it. Thank you for your advice!
2006-12-27 03:19:48 · 7 answers · asked by kengboston 1 in Business & Finance ➔ Renting & Real Estate
Unless its written differently than the usual form
its............ 6 months
2006-12-27 03:27:27 · answer #1 · answered by Mopar Muscle Gal 7 · 0⤊ 1⤋
there is not some thing unethical at the same time with her request. in truth, that's what a 'good' agent is had to do. It protects both the agent and the customer. you need to seem on the picture from the agent's POV.... enable's say she would not require that you signal an settlement and then she spends 6 months searching for a house for your choose - you come across a sources and then say..."thanks yet i understand John Doe is a realtor so i choose him take over and coplete the sale." that's not straightforward to the first agent because she did all the artwork and presented you to the residing house...yet alongside comes John Doe to capture the fee for extremely no artwork performed. With a representation settlement each little thing is clearly referred to the agent represents you and is operating for you completely. perchance she must have defined that the settlement replaced into for an finished 3 hundred and sixty 5 days -yet basically because she did not that doesn't recommend you may smash the settlement. as with each actual sources transactions shoppers/sellers are recommended to the contact an criminal specialist to study all contracts/agreements previous to signing. you may't carry your agent responsible because you probably did not seek for criminal tips or study the fantastic print previous to signing the settlement. you may continually request to be released from the settlement besides the indisputable fact that the agent and/or her broking service are not obligated to honor your request. more beneficial than in all probability although...the broking service may make certain your huff and puff isn't well worth the argument and could honor your request to steer sparkling of what you signed. If he does, please you need to study ALL contracts beforehand hand interior the destiny and ASK questions about what you at the on the spot are not particular about.
2016-12-01 05:34:39 · answer #2 · answered by ? 4 · 0⤊ 0⤋
The usual terms are 6-12 months. If you don't want to use him just tell him and he will probably terminate the agreement. If not call his manager. Most agents don't want to work with people who don't want to work with them.
I would suggest using a buyer's agent when you actually decide to buy. They have access to far more info than you could have, plus they're free. Just make sure you've got a good one who listens to you and works on your behalf (instead of leading you around and assuming he/she knows whats best for you.)
2006-12-27 05:03:17 · answer #3 · answered by quick4_6 4 · 0⤊ 0⤋
You will have to find your copy or get a copy from your agent/his/her broker. If you don't want to work with them anymore, make sure you "fire them" both in writing and verbally. Let them know you are no longer in need of their services. Keep a copy of the letter/email you send them. Make sure your next agent is aware of the situation as well. Happy house hunting!
2006-12-27 05:13:52 · answer #4 · answered by firedncer80 2 · 0⤊ 0⤋
You are obligated to buy through him if he shows you the house.
Check with another realtor in a different office and see qwhat the usual form says. It depends on local custom. Where I practise if you see a house without going through him then you don't use him. Why are you looking to fire him?
Email me if you want.
2006-12-27 05:15:20 · answer #5 · answered by Anonymous · 0⤊ 1⤋
You'll have to read the contract that you signed. There's simply no possible way to tell without looking at it.
2006-12-27 03:27:39 · answer #6 · answered by Bostonian In MO 7 · 2⤊ 0⤋
You can fire your agent anytime. Talk to their branch manager or broker.
2006-12-27 08:37:38 · answer #7 · answered by Anonymous · 0⤊ 0⤋