"I appreciate you reaching out, but I'm already working with someone else."
Response Framework
Respect the relationship → Ask questions → Leave the door open
Never badmouth the other agent — it's unprofessional and backfires. Instead, respect their loyalty and ask a few genuine questions: How long have they been working together? Are they under a signed agreement? What has the experience been like so far? If they're happy, gracefully exit and ask to stay in touch. If there are cracks in the relationship, offer your value proposition without attacking the competitor. Leave them with your card and a specific reason to remember you.
Key Phrases
"I completely respect that — loyalty matters in this business."
"How long have you been working together?"
"Are you locked into a signed agreement, or is it more informal?"
"If anything changes, I'd love the opportunity to show you what I bring to the table."
Pro Tips
Never disparage a competitor — it makes you look insecure.
Ask if they have a signed agreement — if not, you may still have an opportunity.
Follow up in 30 days with a market update — keep the relationship warm.