How to switch real estate agents
For one reason or another, a buyer may have a myriad of reasons to change real estate agents. One of the reasons that may prompt you to want to change agents could be that they do not promptly respond to inquiries. In addition, you may feel that your agent is not in a position to adequately answer your questions in a satisfactory manner. Remember that your agent services multiple clients and therefore their attention will be divided among several clients. This might mean that your agent may not be able to meet your needs in the best possible way. If you need to change agents then this is how to switch real estate agents.
In the event that you are not fully satisfied with the service or progress being made by your agent then you have sufficient grounds to change agents. Needless to say, some form of disagreement of conflict may ensue. However, there are steps you can take to ensure the transition is smooth and easier on yourself. If you have not signed any legal contract then you are at liberty to change agents as you please. In the event that you have signed a buyer’s broker agreement and desire to work with a different agent then here are a few considerations.
Understand the contract
To start with, it is essential to read and fully understand your contract. A contract of any form is a legally binding document that you need to fully comprehend and understand. Your contract will most likely contain a clause on the termination of the agreement. It is also vital that you check for and appreciate the provisions and conditions in existence for the purposes of terminating a contract. In addition, the contract will lay out the duties of both the buyer and the agent. As such, the rights to termination will be clearly stipulated. Under normal circumstances, you should be able to dissolve the working relationship with a termination letter.
Regardless of how badly a buyer and agent relationship deteriorates, it is still important to end things amicably. With this in mind, ensure that you remain professional, courteous and considerate during this process. After all, there are still other ways in which you and your broker can still work together. Professional real estate agents will generally appreciate and accept your desire to change agents. A good and professional real estate agent will not only welcome the criticism of their shortcomings but will also help steer you in the right direction. This is usually achieved by recommending other competent agents that can better serve your interests.
Finally, it is important to make use of the right channels informally communicating your termination of the working relationship. it is usually advisable to communicate your termination of the contract in writing. This step is particularly essential to protect you from any issues that may arise after the termination of the contract. It is also equally important that you clearly state your reason for terminating the contract. Moreover, you will need to outlay the date of termination as well as any other relevant details.