Q: Hi: My realtor didn't tell me about a designated agency agreement while putting a offer on a property but unknowingly
I signed the agreement electronically (for six months). I am not happy with the realtor so sent a email to terminate the agreement mutually. This realtor is asking me $5,000 for his time. I sent another email to the realtor to terminate the agreement mentioning that I will not pay anything as he didn't render his services professionally. But he has not responded.
I want to put a offer for another property I liked, can I go with a new realtor. What are my choices?
A:
Without seeing the agreement it is hard to give specific advice. You need to share that agreement and ALL the facts surrounding it with a local lawyer to review and provide real advice.
That said, this is yet one more reason to always have legal review of agreements before signing, or at the very least, include a provision that the agreement is subject to legal review. You apparently 'signed' something without benefit of review and may have agreed to something you didn't intend to agree to, but never the less, if you agreed ......
Seek local legal advice ASAP and BEFORE you sign anything more.
-- This answer is offered for informational purposes only and does not constitute legal advice or create an attorney/client relationship.
I am licensed to practice in Michigan only. Please seek competent local legal help if you feel you need legal advice
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