Sometimes, you just have to let go and break up with your realtor. Here is how to do it in the most painless way.
When you work with a real estate agent, you create a unique bond. Realtors are there to help you envision your future, whether you are buying or selling. However, when you aren’t satisfied with how they do their job, it’s time to break it off and go looking for a new one – or even changing tactics and finding other selling methods, such as going to a real estate investor.
However, when the time comes to break up with your realtor, you might feel like you’re not up to the task. Here are a few pieces of advice on how to stay professional even in such challenging times.
Sings You Should Break Up with Your Realtor
Real estate agents have to be professionals that will help you with your house sale. Whether you’ve ended with a bad agent, or if the two of you simply aren’t compatible, sometimes you have to break that professional contract. Here are a few signs that you should break up with your realtor:
- They refuse reference checks – You should always be able to speak with previous home buyers or sellers they’ve worked with.
- They don’t have a license record – If a realtor cannot be found on Milwaukee’s licensing board, this is a red flag.
- They ignore your calls – Agents should keep you updated during the quest to buy a perfect buyer or seller. How can they do that if they ignore your calls?
- They are late – If a realtor is late to any type of meeting, this will look bad and it can ruin your chances to buy or sell.
- Don’t listen to your preferences – agents should be there to listen to your requests. If they don’t, it’s time for them to go.
How to Break Up with Your Realtor?
Once you’ve decided that this professional relationship cannot go on, it’s time to tell your real estate agent you’ve chosen another one. However, the exact way you can fire your realtor might depend on whether you are buying or selling a house. Here are your options:
If You’re the Seller
When you’re selling a house in Milwaukee, this is yet another heartbreaking thing you have to do during this process. You are already having to say goodbye to your house, but now it’s time to fire your realtor, as well. All the emotions you might be feeling are perfectly normal. In the end, you should aim to get only the best realtor out there.
Chances are you’re under a contract with the realtor. This contract gives your realtor exclusive rights to sell your house. In other words, you owe them commission no matter who ends up selling a house. Even if you are the one who found the buyer, you still owe your real estate money. There might even be some more clauses that protect the realtor from you walking away without paying. In fact, on some occasions, you might not even be able to break the contract on your own!
If this is the case, your best option would be to contact your broker agent and explain what went wrong. This is the time to express your desire to break up with your realtor. Most reputable brokers will let you go out of the contract to stay in your (and your community’s) good graces. In fact, you might even be able to stay with the broker and ask him to get you a new agent!
If the broker won’t allow you to get out of the contract, it’s time to contact your lawyer. They might be able to help you with the legalities.
If You’re the Buyer
Fortunately, buyers can let go of their realtors without too much hustle. Most buyers aren’t under a formal contract, so there aren’t any legal reasons why they should keep on working with them. However, unless you want to be blacklisted, you should tell your agent politely what is the reason behind your break up. Don’t simply go behind their backs to another realtor, especially if the existing agent has already spent some time looking for your new home.
If you happen to be under a contract, once again, it might be best to contact your lawyer.
Can You Sell a House without a Realtor?
Yes, you can! While selling with an agent is the most common way of house selling, it isn’t mandatory. There are many other things you can do when you want to sell your house. You might even try to sell it on your own, or you might want to contact a real estate investor, such as Sparks Property Investors LLC!
When selling with Sparks Property Investors LLC, you’ll be working with a professional who will care about you and your financial status. In fact, there won’t be any commission fees, and you can always back out of the deal without worries (but why would you, with so many advantages that come?). While it might seem like a real estate investor will pay you less money, the truth is that when you sell to us, you won’t have to worry about any additional expenses such as commissions, closing costs, even house repairs. We’ll deal with these things out of our own pockets! Not just that, but we’ll pay you in cash, so you can get your money as quickly as possible. Sometimes we can close the sale in just 7 days!