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Can agent sue me for the commission?

Posted 12-10-2017 at 10:10 AM by MikeJaquish


In 11 years on CityData, I have seen countless questions on Buyers Agency Agreements.
So many people are pushed into signing something they don't understand.

For years, I have been advising people to sign such agreements, but Never unless they have a right to unilaterally terminate the arrangement at any time prior to a contract.

That line has been in every Buyers Agency Agreement I have used for that period of time, or longer.

"Either party may terminate this agency agreement at any time prior to location of a suitable property."

It is just good client service, I believe.


Quote:
Originally Posted by MikeJaquish View Post
I had lost track of how many times I had posted advice to have a mutual unilateral termination clause in a buyers agency agreement. Wow. It is a lot. And that is not including any posts where I mentioned it less specifically.
This line can be seen in each of the posts linked below:
"Either party may terminate this agency agreement at any time prior to location of a suitable property."
That line is templated into my Buyers Agency Agreement, NCAR Standard Form 201, and it certainly would have served the OP to require such a line in the agreement he signed.


See 3B:
http://www.city-data.com/forum/real-...l#post48911000

Or:
http://www.city-data.com/forum/real-...l#post47296592

Or:
http://www.city-data.com/forum/real-...l#post45537978

Or:
http://www.city-data.com/forum/real-...l#post45122544

Or:
http://www.city-data.com/forum/real-...l#post40461875

Or:
http://www.city-data.com/forum/real-...l#post40015935

Or:
http://www.city-data.com/forum/real-...l#post38616411

Or:
http://www.city-data.com/forum/real-...l#post37472865

Or:
http://www.city-data.com/forum/real-...l#post33645488

Or:
http://www.city-data.com/forum/real-...l#post32287732

Or:
http://www.city-data.com/forum/real-...l#post26539793

Or:
http://www.city-data.com/forum/real-...l#post22929848

Or:
http://www.city-data.com/forum/real-...l#post20847703

Or:
http://www.city-data.com/forum/real-...l#post20057761

Or:
http://www.city-data.com/forum/real-...l#post17642342

Or:
http://www.city-data.com/forum/real-...l#post15520475

Or:
http://www.city-data.com/forum/real-...l#post10986683

Or:
http://www.city-data.com/forum/real-...ml#post9605389
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