You can also insert language into a purchase contract that allows you to back out of an agreement if the inspection turns up problems. (veteransunited.com)
I have a seller that wants to sign up with me but he signed the Purchase and Sale agreement with his original realtor and he wants out of the agreement with her. (biggerpockets.com)
I hope you can get out of the agreement if that's what you want, but don't think the next deal will be easier. (biggerpockets.com)