The 22-year-old is out of contract in the summer and is reluctant to sign a new deal as he wants to play regular first-team football.
Leighton Baines is the undisputed first choice left back with Bryan Oviedo seen as an able deputy - when fit, meaning Garbutt's faces a fight to earn a regular starting place at Goodison Park.
But with Baines 31 in December and Oviedo struggling with injury there is every chance a starting place could open up within the next two seasons - if Garbutt is willing to wait that long.
All the signs suggest he isn't .
Garbutt was left out of the final two games of the season, despite an injury to Baines, with Roberto Martinez claiming he was simply giving the defender space to make up his mind over his future
The one positive for Everton is the fact they will be due compensation, with the Echo claiming a tribunal will set the fee at around £4million.
The season only ended barely 24 hours ago but already the first deal of the summer looks to be edging towards a conclusion. It's just a shame it involves a promising young talent heading out of the exit door.