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Terminating exclusive buyer representation agreement

A few weeks ago we signed an exclusive buyer representation agreement when we put in our first offer on a house. The offer wasn’t accepted, so we are still searching. Our property management company reached out to let us know the buyers will potentially be selling the house we rent when our lease is up, but they are offering the house to us at a price lower than what they will list it as. We cannot afford to purchase a house in the neighborhood we live in (I’ve been watching the prices in our neighborhood), so I was extremely surprised what they are asking is within our budget. We also haven’t been able to find a house with comparable square footage within our budget. Now we are considering purchasing our rental, but our lease specifically states we must use the property management companies agent in the event this occurs. What do we do in this situation since we signed the buyer representation agreement with a real estate agent already? The agreement we signed doesn’t expire until a few weeks after our lease is up.

submitted by /u/wiseeel
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source https://www.reddit.com/r/RealEstate/comments/swamkp/terminating_exclusive_buyer_representation/
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