Exclusive Buyer Agreement and Deductible Expense

[Sweta Patel]

After pinning the area that I wanted to buy property, I met a nice agent and ended up signing a document ("exclusive buyer agreement"). Few days went by and the goal of my agent and me wasn't aligned. Another friendly agent I talked to had perfectly aligned goals and we ended up closing a transaction. Former agent came to know about this via sources and I agreed to pay % of commission to that agent. At the time of transaction I really did not understand what I have signed as  "exclusive buyer agreement". Can anyone help me understand? Also, is this a deductible expense?