Coral Gables Real Estate Buyer Tips: What To Do When Agent Quits

First things first

First things first

Before you feel rejected after your Coral Gables real estate agent left, find out first why the agent left. If your agent left the entire business, then dont blame yourself. The economic climate probably got to him and decided to look for slightly greener pastures. If, however, your home-buying mission takes a long period to finish because you continuously disregard your agents advice, you may want to take responsibility for the reason why he left. Think about the things that you did wrong and learn from your mistakes the next time you hire a new agent.

What to do

During the deal

If your Coral Gables real estate agent left during the deal, you may want to approach the agents managing broker and ask for a representation to get you through closing. But you must realize that this can be a long shot as most managing agencies usually reject such requests. If this happens to you, you can hire a real estate attorney as representation during the transaction and help you negotiation with the broker. During the negotiation, dont forget to ask for the broker to pay the attorneys fee out of the brokers commission.

Before going into contract

Its also possible for your agent to leave you even before you go into contract. If this happens, quickly hire another agent. This is especially important if you think that your agent doesnt have your best interest at heart. Cancel your buyers broker agreement have that cancellation in writing to make sure you dont get into any future trouble. Stop communication with your agents broker or even ask them to stay. Move on and find another Coral Gables real estate agent who will be devoted in helping you get the advantage and back you up during the entire transaction.

Mark Michael Ferrer

Coral Gables Real Estate

by: Mark Ferrer

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