What Is A Residential Buyer Tenant Representation Agreement

OBLIGATIONS OF THE CLIENT Similarly, this paragraph defines the basic obligation of the client: to cooperate exclusively with the broker in the acquisition and negotiation of the purchase property, to inform other brokers, agents, sellers and owners that they are represented by the broker, and to refer them to the broker and, of course, to comply with other parts of the buyer`s representation agreement. * One of the most often broken obligations of the contract is that of the client working exclusively with the broker. If a buyer works with multiple agents or walks through open doors, there is a risk that you will lose that buyer`s business at any time. It makes sense that you would have a much higher level of comfort when signing a representation agreement, and therefore you would be willing to spend more time and effort researching the right properties for your clients in the market. A buyer can have the representation of a buyer in force at the same time in the same market area. . . .

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