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Is it Better to Have Loved and Lost? Maybe not in Real Estate...
Is it better to have loved and lost than to have never loved at all?  Maybe in some cases, but not in real estate.  The one that got away can be a determining factor as to whether a buyer continues to work with an agent.  I received this question over the weekend.
 
Karen, we had written an offer on a home that we loved with a previous agent and we were competing for the house.  We didn't win.  Our agent wasn't the same after that.  It became more difficult to get her to show us houses that came on the market because she said that they did not compare to the one that we had lost.  We finally had to just put a hold on our search and try again in the spring.  Are we required to continue to work with our previous agent?
 
The short answer is no. Unless you signed a buyer representation agreement to work with your agent, in which case, you will need to wait out the contract period or ask to be released.  But most of the time, you are only bound to the agent for the existing contract, so if it doesn't work out, you are free ... more

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