break buyer-agent contract?

[tbennett2]

What is the name of your state (only U.S. law)? INDIANA

I found a house that I wanted to buy and set up an appointment with the seller agent. I wanted to utilize a Guaranteed Sale Program offered by an agency which stipulates you purchase through them, and then they guarantee the sale of your current home, so I contacted one of their agents and made it clear that was what I was interested in and specifically asked if my condo would qualify. She said she thought so but would double check. In the process I had her join me at the showing and I wanted to make an offer. I again asked about the program and she said that corporate workers weren't in over the weekend she would verify the beginning of the week. In the meantime she suggested we submit a low-ball offer. They countered with an acceptable offer but with a short acceptance deadline. The morning I had to decide on the offer the agent says my condo is not acceptable for the program. Can I break the exclusive buyer contract and seek an agent whose Guaranteed Sales Program qualifies me?

[seniorjudge]

Q: Can I break the exclusive buyer contract and seek an agent whose Guaranteed Sales Program qualifies me?

A: What does your contract say in answer to your question?

[JETX]

Originally Posted by tbennett2

Can I break the exclusive buyer contract and seek an agent whose Guaranteed Sales Program qualifies me?

Yes... and make yourself subject to possible lawsuit. Wanna' bet that the agents version of this story will be different than yours when it comes down to testifying??

You should NEVER had taken any actions to pursue another property without getting YOUR (property qualifies for program) facts in writing. Your mistake.