Buyers Agent Agreement Template
Buyer hereby hires broker to act as buyers exclusive real estate broker and agent to assist buyer in locating and negotiating the purchase or exchange of real property.
Buyers agent agreement template. Buyer warrants that buyer is not bound by any other buyer agency agreement in this market area. Contracts to acquire any property which was called to buyers attention by broker or any other person or found by buyer during the term of this agreement. Sales agreement forms are forms used as a legal contract that demands a buyer to buy and a seller to sell a certain product or servicethis type of agreement forms are mostly used in businesses and real estate organizations. You might also know of the purchase agreement as a residential real estate agreement or a real estate purchase contract.
Exclusive right to represent buyer state of north carolina county of date buyer hereby employs buyer agency agreement firm name firm as the buyers exclusive agent to assist the buyer in the acquisition of real property which may include any purchase option andor exchange on terms and conditions acceptable to buyer. Buyer has not entered into a buyer brokerage agreement with any other broker or has terminated any previous buyer brokerage agreement. The brokers role may be limited to just introducing a buyer and a seller or may be more involved in the transaction. This realty agency agreement allows a real estate agent or broker to represent a buyer when purchasing a home or other property.
A real estate purchase agreement template is a convenient resource for use when making the legal purchase of a property. However see commission agent agreement template which allows an agent to hire a commission on your behalf. Buyer promises to disclose to broker whether buyer has signed any agency agreement with any other broker or has been given prior information about any property that is the subject of this. Appointment and authorization of buying agency buyer hereby appoints agent as its non exclusive buying agent of the merchandise listed in exhibit a the merchandise as may be mutually agreed upon.
Another title for this important legal document includes the agreement to purchase real estate. Broker will work at all times in buyers best interest except as to hereinafter agreed. Buyer consents to brokers representation of such other buyers. A broker agreement also known as a finders fee agreement or a referral agreement sets forth the terms and conditions under which a broker will either find goods andor services for a buyer to purchase or interested buyers for goods andor services being sold by a seller.
Buyer will work exclusively with broker during the period of this agreement and not with any other broker salesperson or owner with respect to viewing properties. What is the difference between exclusive and non exclusive agreements. Thereafter rendered to buyer by agent such services shall be rendered strictly in accordance with the terms of this agreement. Buyers obligation to pay brokers fee ceases upon buyer entering into a good faith exclusive buyer brokerage agreement with another broker after termination date.