When is a buyers agreement signed?

Question

When does one sign a buyers broker agreement?. Things are not working out with my current agent so I’m thinking about moving on but I am not sure if I ever signed a buyers agreement. I have made a total of 7 offers, 1 got accepted but I backed out of the deal. I went through the copies of the of the contracts but I cannot find anything. Should I just move forward ?

Dave Poeppelmeier · Answer

@Juan Alvarez I agree with @Will Fraser, 7 offers, 1 accepted offer (that I'm assuming you backed out on due to the inspection and not because you just changed your mind) tells me your agent is doing their job and has already invested a lot of time with you. They now likely know what you're looking for, your price ranges, etc. Talk to your agent about what you're unhappy about, and if it's a simple fix then great, but if not then you both can agree to part ways. But don't just ghost them, be professional about it.

Will Fraser · Answer

Hi @Juan Alvarez, You likely would have signed this before the first offer.

Representation agreement aside, I would encourage you to have a conversation with your agent about this before cutting bait and moving on. It would be far better for them to hear it from you than to have to deduce that you've moved on from the signals.

Added bonus, depending on their response you'll either gain respect for them or clarity on why you're moving on :)

Steve Morris · Answer

"I have made a total of 7 offers, 1 got accepted but I backed out of the deal."

Well, I would never sign a buyer rep agreement. However, based on the above, I can't see the broker putting up too much of a fight to keep you on.

Juan Alvarez · Answer

@Dave Poeppelmeier thank you I will. He just doesn’t txt me back. Lack of communication.

When is a buyers agreement signed?

When is a buyers agreement signed?

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