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Buyers Agent Agreement for the United States

Buyers Agent Agreement Template for United States

A legally binding agreement governed by United States real estate and contract law that establishes a professional relationship between a real estate buyer and their chosen agent/broker. This document outlines the agent's responsibilities in representing the buyer's interests during property searches, negotiations, and transactions, while defining the terms of compensation, duration of representation, and scope of services. The agreement incorporates state-specific requirements and federal regulations, including agency disclosure requirements and fair housing laws, providing a framework for the agent-buyer relationship throughout the property acquisition process.

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Buyers Agent Agreement

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What is a Buyers Agent Agreement?

The Buyer's Agent Agreement serves as the foundational document establishing the professional relationship between a property buyer and their chosen real estate representative in the United States. This agreement is typically used when a buyer wants exclusive representation in their property search and purchase process, ensuring their interests are protected through professional representation. The document comprehensively outlines the scope of services, compensation structure, duration of representation, and mutual obligations of both parties. It incorporates relevant state-specific real estate regulations and federal requirements, including necessary disclosures and fair housing provisions. The agreement is particularly important in competitive real estate markets where having dedicated representation can be crucial for successful property acquisition.

What sections should be included in a Buyers Agent Agreement?

1. Parties: Identifies the real estate agent/broker and the buyer(s), including full legal names and contact information

2. Background: Brief context explaining the buyer's intention to engage the agent's services for property purchase

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Appointment and Authorization: Formally establishes the agency relationship and outlines the agent's authority to act on behalf of the buyer

5. Agent's Duties and Responsibilities: Details the specific services the agent will provide, including property search, negotiations, and advisory services

6. Buyer's Obligations: Outlines the buyer's commitments, including cooperation, disclosure of relevant information, and viewing properties through the agent

7. Compensation: Specifies the agent's commission structure, payment terms, and conditions for when compensation becomes due

8. Term and Termination: States the duration of the agreement and conditions for early termination by either party

9. Confidentiality: Addresses the handling of confidential information shared between parties during the engagement

10. Dispute Resolution: Outlines procedures for handling disagreements between the parties

11. Governing Law: Specifies the state laws governing the agreement and jurisdiction for legal proceedings

12. Entire Agreement: Confirms that the written agreement represents the complete understanding between parties

What sections are optional to include in a Buyers Agent Agreement?

1. Dual Agency Consent: Required when the agent might potentially represent both buyer and seller in a transaction

2. Property Preferences: Used when specific property requirements or preferences need to be documented

3. Additional Services: Included when the agent offers services beyond standard buyer representation, such as property management advice or renovation consultation

4. Team Representation: Required when multiple agents from the same brokerage may assist with the buyer's representation

5. Virtual Services: Details provisions for remote services, virtual showings, and electronic communications

6. Buyer's Broker Exclusions: Lists any specific properties or situations excluded from the agreement

7. International Buyer Provisions: Added for international buyers requiring additional services or considerations

What schedules should be included in a Buyers Agent Agreement?

1. Schedule A - Commission Structure: Detailed breakdown of commission rates, including any sliding scales or special circumstances

2. Schedule B - Property Requirements: Detailed list of buyer's property preferences, requirements, and deal-breakers

3. Schedule C - Excluded Properties: List of specific properties excluded from the agreement

4. Appendix 1 - Agency Disclosure Form: State-mandated agency disclosure documentation

5. Appendix 2 - Service Area Map: Map defining the geographic area covered by the agreement

6. Appendix 3 - Additional Services Price List: Pricing for any additional services offered beyond standard representation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Document Type

Agency Agreement

Cost

Free to use
Relevant legal definitions







































Clauses

































Relevant Industries

Real Estate

Legal Services

Financial Services

Property Management

Construction and Development

Professional Services

Insurance

Investment Management

Relevant Teams

Legal

Real Estate Operations

Compliance

Contract Administration

Business Development

Property Management

Transaction Processing

Investment Advisory

Risk Management

Relevant Roles

Real Estate Agent

Real Estate Broker

Property Buyer

Real Estate Attorney

Compliance Officer

Contract Manager

Legal Counsel

Real Estate Manager

Transaction Coordinator

Business Development Manager

Property Consultant

Investment Advisor

Real Estate Operations Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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