Switching brokers
Started by ParkSloper
almost 16 years ago
Posts: 8
Member since: Jul 2010
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You are never obligated to a buyers broker other than if they were working on your behalf on a home you are actually buying where it may get sticky.
The only time you get stuck with a broker is when you are selling and sign an exclusive agreement that lasts a certain amount of time.
Go find a broker you like dealing with or look on your own. Tell mom in law sorry but your friend was not really helpful. If she cares about her daughter she will understand and move on, if not, then good luck in general.
Mikev is right, you are never obligated. But I would express everything you said here to your broker to see if you can light a fire underneath them. I don't know what you are looking for, but for all you know, what you want to buy and what your broker typically specializes in could be two different things... hence the disconnect (eg: They sell $5m dollar apartments on Park and you want a $500k 1BR in the LES). Sometimes you just need to tell the person that WORKS FOR YOU, what they need to be doing, or at least how you want them to do it for you. If that doesn't work, it is perfectly understandable for you to want to part ways.
(Matthew Russell - Brown Harris Stevens)
No matter what you say it will affect your mother in laws relationship. Why don't you write a note to the broker thanking him for all his help, express your regrets that your offer didn't work out etc. Then let him know that you are going to try to go it alone for awhile to see how that works -- you have found great apts on SE, for example. If he tries to convince you otherwise, be emphatic that you would like to try and save the money that a broker's fee would cost -- whether he views that course a mistake or not. Send him a nice bottle of wine and move on.
How about asking your wife as it's her mum?
too much $$ and qol at stake to stick with a crappy broker, evne if is a family friend--if your motherinlaw cant handle that, she aint watchin your backs
unfortunately anything he has shown you must be bot through him
i certainly wouldnt look at anything else with him