Q&A: Do My Clients Stay With Me When I Change Brokers?

Q&A: Do My Clients Stay With Me When I Change Brokers?

I’m changing brokers and I have several buyer clients who’ve signed buyer-representation agreements. Can I take these buyers with me to the new broker?No. Your buyers would still be represented by your previous broker. A buyer-representation agreement is a contract between a buyer and a broker, not a sales agent. When agents move from one sponsoring broker to another, they cannot take clients with them and should not attempt to persuade those clients to leave their current broker. However, if your buyers wish to do so, they can ask the broker to be released from the buyer-representation agreement.