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What Does The Exclusive Buyer Brokerage Agreement State About Dual Agency

It is also a one-way street. If the agent feels that the client is not well matched, you may want to discuss with your agent how the agent will inform you and whether you are comfortable when your agent says goodbye. When the parties agree for the first time on cooperation, they get along very well, because everyone generally seems well-intentioned and normal at the first introduction. In addition, there may be assumptions made by one of the parties that does not live up to expectations. After a sufficient search, you plan to meet your new agent at Starbucks to start a day full of home shopping. But then, while he takes a sip of your vanilla latte, he drops a contract and hands you a pen. You haven`t even seen a single house. You should sign this thing as an exclusive buyer agent agreement? Only an exclusive buyer – a real estate company that represents the sole interests of homebuyers and does not list real estate for sale – offers homebuyers undivided loyalty at all times on any property without conflict of interest or reduction of trust bonds. A broker will sit down with you to find out how much home you can afford and what requirements the house should meet. You will consult the lists of real estate in your desired area and schedule appointments to show you houses that best meet your criteria. They will give you a general overview of the neighborhoods where you shop for houses and will answer any questions you may have along the way.

Buyer`s Edge Realty is Westchester`s first exclusive exclusive broker company, whose exclusive purchasing agents exclusively represent and protect the interests of homebuyers. As I said before, everything is negotiable in real estate. Of course, an agent might want a four-month deal, but you could do 12 hours if you really wanted to. If you`re not sure if this agent is right for you or if you`re not involved in your search for a home, you should consider a reduced term. The form used in California, for example, is not an agreement; it is a disclosure. It reveals the different natures of possible agency relationships, and all parties must read it to be better prepared to choose the type of agency relationship desired.

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