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Authorizes the broker to co-operate with other brokers as sub-agents or buyer's agents, and details the compensation to be offered to those brokers in the event they procure a buyer. Authorizes the broker to reveal or not to reveal the existence of offers previously received. In addition, other terms which may appear in the agreement can include:
Buyers would have to agree to some form of dual agency in the event that they wished to buy a home which that company has listed for sale and for which it represents the seller. Brokers may choose to enter into a buyer-brokerage agreement to be represented if the buyer is working with a broker other than the brokerage listing the property.
If there are any real estate brokers/agents brokering the sale, the buyer's agent will often fill in the blanks on a standard contract form for the buyer(s) and seller(s) to sign. The broker commonly gets such contract forms from a real estate association he/she belongs to. When both buyer and seller have agreed to the contract by signing it ...
That said, one buyer-broker agreement developed by real estate brokerage eXp Realty is "simple, consumer-centric and meets most of our criteria," he said. "They've made it available for the ...
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The sale of the home also includes a 2.75% commission to a real estate agent who brings in a buyer, if that agent is a member of the Keys Multiple Listing Service.
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