Exclusivity agreement with realtor

[Natalia Orosco]

So I am a new investor and I met with a realtor who is a former investor himself. I left the meeting feeling good the only thing is he wants me to sign a exclusivity agreement. He said that it would be the seller that's pays him. But my question is is the contract still necessary. He said if things aren't working I can rip it up at any time. Should I be worried it is this typical. I live in CT

[Joe Villeneuve]

No.  Homeowners sign them to protect the REA, and because the HO is only buying one property.

I use any number of agents.  They all can't possibly cover everything.  Don't handcuff yourself.

Ask your agent if he'll sign one with you...that he won't represent anyone else.