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a professional way to tell agent that we have decided to build a home instead of buy?

My fiance and I are first time home buyers. We went through the process of getting pre approved and we were ready to go. We decided to use a realtor that my best friend had used recently and had a good experience with. We had a meeting with him a few days ago where he introduced himself and went through the whole buying process. The next day I found a house I wanted to see online and sent it to him. He showed us the house and it ended up being a pass for us.

We have been entertaining the idea of building a house for a few months now, but after sitting down and going over all the pros and cons, we decided it would be the best thing for us.

He sent me a buyers agreement and I want to know a professional way to let him know we decided to explore another path. I feel like an a**hole for essentially wasting his time and maybe I shouldn't have enlisted his services if I wasn't 100% set on buying, but I would feel bad ghosting him and I did appreciate his insight and professionalism. (He only showed us one house but I think its just my anxiety making me overthink this)

Edit: I plan on buying a lot and building there

submitted by /u/lunarblisss
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source https://www.reddit.com/r/RealEstate/comments/luvko8/a_professional_way_to_tell_agent_that_we_have/
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