Cancelling Exclusive Buyer's Agency Agreement (clause, new agent, commissions, properties)

[TulipGrl]

I was dissatisfied with my agent and asked to cancel our "exclusive buyer's agency agreement", which I foolishly signed about a month ago while I was making an offer on a property. Didn't get the house. The agreement was for 90 days. The agent cancelled the agreement as of the day I asked her to but said while the agreement was cancelled as of that day all other terms remain. I find that confusing. Should I also notify the agent's broker in charge as to the cancellation? I assume the latter would be by certified, return receipt mail. Right?

Also, the agent had been sending me a download of properties in MLS that met certain criteria. Some did, most didn't. As properties are moving so quickly locally just about everything the agent showed me earlier has sold. The rest I am not interested in. Am I still obligated to this agent?

[SouthernBelleInUtah]

I think she meant that if a house she showed you was picked by you, you would owe her the commission. But read your agreement.

[Silverfall]

Most agreements work for homes that were shown during the buyer agency agreement. I also know that in my state that if you execute a new buyer agency agreement, it negates that clause in the original one. In Oregon, a consumer can't be held to pay two commissions if they leave one agency and move onto another one. If they allowed that consumers would be forced to be stuck with bad representation.

So if you hire a new agent, ask about the laws in your state regarding changing representation.

[cully]

I think the idea is she "owns" your buying that house. She doesn't "own" your buying any other house. That would be terrible. Forget what she said. Read the agreement.