Seattle, WA asked in Contracts and Real Estate Law for Oregon

Q: Want Out of a buyer broker agreement because he real estate agent wasn’t suitable . Company told us we have to pay 2500

At the bottom of the agreement it says all lines with arrow must be signed. The principal broker did not sign the agreement.

She gave us three options .

Work with another agent

Pay 1 percent of purchase price

Or make our new realtor pay them half her commission .

The first realtor we where working with was doing nothing but tearing us down on our home buying experience by telling us we need more money to do anything.

So we wanted a agent that was more hopeful that they could find us a place .

We want to buy a house for sale by owner and not use our own buyers agent

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1 Lawyer Answer

A: Most listing agreements have an expiration date. Can't you just wait until the agreement expires and hire someone else? Why would you owe them any money unless they brought you and offer that was at the agreed asking price? I would take the contract to a lawyer because no one is really going to be able answer this without reading the listing agreement that you signed.

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