FREE 20+ Buyer Agency Agreement Samples in PDF

As an individual who wants to start in their property buying experience, you might need the professional help of a real estate agent. The buyer’s agent refers to the real estate firm that represents the home buyer and helps them in navigating the experience of searching for and buying a house. This agent establishes the scope of work of the agreement including the roles and responsibilities, duration of the partnership, and commission compensation agreement of the contract agreement.

20+ Buyer Agency Agreement Samples

1. Sample Buyer Agency Agreement

2. Real Estate Buyer Agency Agreement

3. Buyer Representation Agency Agreement

4. Exclusive Buyer Agency Agreement

5. Buyer Agency Agreement Form

6. Rebate Buyer Agent Agreement

7. Buyer Commission Agency Agreement

8. Buyer Agency Listing Agreement

9. Buyer Broker Agency Agreement

10. Realtor Buyer Agency Agreement

11. Release Buyer Agency Agreement

12. Standard Buyer Agency Agreement

13. Termination of Buyer Agency Agreement

14. Exclusive Right to Buyer Agency Agreement

15. Buyer Estate Agency Agreement

16. Commercial Property Buyer Agency Agreement

17. Buyer Agency Consent Agreement

18. Non-Exclusive Buyer Agency Agreement

19. Buyer Appointed Agency Agreement

20. Broker Representation Buyer Agency Agreement

21. Buyer Tenant Agency Agreement

What is a Buyer Agency Agreement?

A buyer agency agreement is a contract agreement between a client or buyer and the real estate company that describes the process in which they will be working together. This document sets the expectations as well as terms and conditions that are agreed upon by the parties to protect the buyer and broker in case the other party fails to follow their end of the contract.

How to Create a Buyer Agency Agreement

When a buyer agency agreement is signed, a buyer will work with a real estate agent until they find and purchase a home property offered by the said agent or until the agreement expires. When a buyer decides to purchase the property being offered to them, the real estate agent will receive a commission based on the sale price of the property. Other documents that these parties can use during their business relationship include an agent commission agreement, real estate broker contract, sales agent contract, buyer-seller agreement, sales agreement contract, and purchase agreement contract.

Step 1: State the Duration or Length of the Agreement

In this section, it is important that you provide a definition of how long the agreement will be valid. Most agencies set their terms for around 90 days but if the involved parties agree, the duration of the agreement could be set for any amount of time they want. This section must also provide information about what would happen once the contract ends.

Step 2: Provide a Clause for Termination Rights

The termination rights refer to a clause that defines how the contract can be terminated before a predetermined term length. The termination clause states how the agent is compensated when the buyer chooses to terminate the contract.

Step 3: Include the Compensation Plan and a Clause for Exclusivity

The client whose selling the house is usually the one responsible for compensating the agent’s commission. The clause for exclusivity states the commitment of the buyer to collaborate with only the agent they signed with.

Step 4: Write a Description of the Property and the Agent’s Duties

The description of the property includes information about its price range, neighborhood, type of property, and size. You must also include the roles and responsibilities of the agent which include finding and showing potential properties, writing offers, and negotiating these offers.

FAQs

A real estate agent refers to an individual who makes it easier for home buyers to simplify the process of searching and looking for their dream home. Some of the agent’s responsibilities include clarification of all mortgage information, researching potential properties for buyers, completing the necessary paperwork, and showing the buyers everything until they purchase the property they want. Buyer agency agreements or buyer representation agreements and buyer broker agreements, are contracts between the buyer and agent that sets expectations as well as the terms and conditions they must follow during their entire relationship.