The method of changing or firing a real estate agent is different depending on if you are selling or buying. We have provided ideas below on
Saying Goodbye To Your Buyers Agent
If you are using a real estate agent to help you purchase a home you will need to notify the agent that you have decided to use another agent. Most agents understand if things are not working. As a buyer you should be only working with one agent in a region. Working with multiple agents will cause confusion and issues for everyone through the process. Most real estate agents in our region are part of the MLS service that covers the Adirondacks and Champlain Valley. The agents who are part of this service are allowed to show any property that is listed within it. This means if a listing is listed with a specific agent you don’t have to use that specific agent to see the house, and any licensed realtor can help you.
Firing Your Real Estate Selling Agent
Generally home or property owners that are selling using an agent or realtor will have signed a contract to help sell the property. You will have to look at when the contract expires or if there is a stated way to end the contract early. Ending a contract early could have penalties. Some penalties may include covering advertising costs that have been incurred by the agent trying to sell the property. Other contracts require owing a sales commission if it sells in a certain time frame after you have changed or removed the realtor. If you want to stay with the same agency but want a new agent discuss with the broker about how to get rid of the current agent and switch to a new one within the same office. Some relationships and personality don’t work together, as a seller you need to trust that the agent is looking out for your best interest.