11/06/2026
🏠 Signed a Buyer Representation Agreement. Can You Still Switch Realtors?
A buyer says: “I already signed an agreement with another Realtor, but I don’t want to work with them anymore. Can you just help me submit an offer?”
⚠️ Not so fast!
In Ontario, simply stopping communication with your previous Realtor does NOT automatically terminate your Representation Agreement!
📌 Before switching Realtors, here are 3 things to check:
✅ Agreement Period: Is the original agreement still valid?
✅ Scope & Exclusivity: Does the agreement restrict the buyer from working with another brokerage?
✅ Holdover Clause: Could certain purchases still trigger payment obligations after the agreement expires?
💰 What could it cost?
Imagine purchasing a $1,000,000 property with a 2.5% fee specified in your original agreement.
Depending on the contract terms, you could face a $25,000 payment claim!
There could even be disputes involving payment claims from two different brokerages.
⚠️ This is not an automatic penalty or guaranteed double payment. Actual obligations depend on the agreements and circumstances.
💡 For Ontario Realtors:
Before representing a new buyer, always check whether they have an existing Representation Agreement.
If necessary, consult your Broker and make sure any previous representation arrangements are properly addressed before moving forward.