Buyer Agreement

The agreement outlines the tasks and responsibilities your agent will undertake, from identifying suitable properties to assisting in negotiations and guiding you through the closing process.

This section details how your agent will be compensated. With recent changes, sellers are no longer required to pay the buyer agent’s commission, so this cost may fall on the buyer unless otherwise negotiated. The agreement ensures that compensation is clearly defined and fully transparent.

The agreement is defaulted to a non-exclusive arrangement, meaning you can work with multiple agents and terminate the agreement at any time. However, you have the option to make the agreement exclusive for a period of up to 90 days. If you choose the exclusive option, it can be renewed every 90 days until you purchase a home. This flexibility allows you to either explore other options or commit to working with a single agent during your home search.

If there is a possibility that your agent could represent both you and the seller, this agreement will disclose that potential and require your consent.

If you find a property independently, your agent can still represent you in negotiations and the closing process, ensuring you are fully supported.

Yes, if your agreement is non-exclusive, you can terminate it at any time. If you choose an exclusive agreement, it will be for a period of up to 90 days, after which you can decide whether to renew or terminate the agreement.

The commission is negotiable and will be clearly outlined in the agreement. This ensures there are no surprises regarding your agent's compensation.