What Are The Ethics For A Real Estate Agent Having Her Clients Sign An Exclusive Buyers Agent Contract ?
Is it ethical for a real estate agent to have us sign an exclusive buyer agent contract while we are the process of filling out papers in her office to put a bid on a house she had shown us? She did not explain it other than saying it is for houses I have shown you or will show you. Trusting her and in the excitement of filling out the other papers for the house we were planning to buy we signed the buyers agent contract without reading it. The deal on the house we were going to buy fell through. Looking through our papers we found we did not get a copy of the buyers agent contract. She gave us one at our request and that is when we discovered it was exclusive and did not expire until one year later. Call me stupid! I have! Was that process ethical and is there any way this contract can be broken?
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