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A: Generally not. Many REALTORS® require you to sign a contract that binds you to work exclusively with them (or their agency) for a set period of time, usually two to six months. If you have signed such an agreement, it is a breach of contract for you to work with another agent.
Because of this, it’s smart to speak with multiple real estate agents before you begin to look at houses or list yours for sale, and then choose one that you think will best represent your interests.
Even if you have not signed an exclusivity agreement, it’s not advisable to deal with more than one agent at once. Real estate agents work on commission, and get paid only when they sell a home. An agent may not think it is worth his or her time to show you houses if you are dealing with more than one REALTOR®, and may stop calling.
But there are some instances where it may be in your best interest to use more than one agent. Some agents will represent buyers but not sellers. If you are buying a house as well as selling your current home, you may need to find a separate listing agent.
Even if your agent can act in both capacities, it’s a good idea to work with a local real estate agent who knows his or her area very well. So if you’re looking for a home in a different community, engage an agent from that area. Similarly, if you’re looking in several areas, consult with agents in each one.
Unless you have signed a contract, you are free to talk with as many agents as you want. But tell them you are doing this up front. It may spur them to work harder for you. Remember, though, that often the best agents are busy and may not agree to this arrangement.
Bill Yeager
Regional Vice President, Realty Services