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NON-EXCLUSIVE BUYER AGENCY AGREEMENT This NON-EXCLUSIVE BUYER AGENCY AGREEMENT (Agreement) is entered into (Date), between as Buyer(s) (Buyer), and (Firm). The individual agent who signs this Agreement
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What is non-exclusive buyer agency agreement?
A non-exclusive buyer agency agreement is a legal contract between a real estate buyer and a real estate agent or brokerage, which establishes the buyer's representation rights and outlines the terms and conditions of the agent's services. Unlike an exclusive buyer agency agreement, a non-exclusive agreement allows the buyer to work with multiple agents or brokerages simultaneously.
Who is required to file non-exclusive buyer agency agreement?
The real estate buyer is required to file the non-exclusive buyer agency agreement.
How to fill out non-exclusive buyer agency agreement?
To fill out a non-exclusive buyer agency agreement, both the buyer and the real estate agent or brokerage need to provide their contact information, specify the duration of the agreement, outline the agent's duties and responsibilities, and agree on the terms of compensation and any exclusions or limitations.
What is the purpose of non-exclusive buyer agency agreement?
The purpose of a non-exclusive buyer agency agreement is to establish the buyer's representation rights, define the scope of the agent's services, and ensure clear communication and expectations between the buyer and the agent or brokerage.
What information must be reported on non-exclusive buyer agency agreement?
The non-exclusive buyer agency agreement should include the names and contact information of both the buyer and the agent or brokerage, the duration of the agreement, the agent's duties and responsibilities, the terms of compensation, and any exclusions or limitations.
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