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Main street Organization of REALTORS NOTICE OF BUYER REPRESENTATION If Buyer chooses to work with (Broker), Broker will designate a sales associate with Broker to act as a nonexclusive agent of the

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How to fill out notice of buyer representation

How to fill out notice of buyer representation:

01

Begin by entering the date at the top of the form.

02

Fill in your full legal name as the buyer representative, along with your contact information (address, phone number, email).

03

Provide the name of the buyer you are representing and their contact information.

04

Specify the property address that the buyer is interested in purchasing.

05

Indicate the term of the representation agreement, including the start and end dates.

06

State the agreed-upon compensation for your services as the buyer representative.

07

If applicable, disclose any potential conflicts of interest or dual agency situations.

08

Sign and date the notice of buyer representation form, and ensure that the buyer also signs and dates it.

Who needs notice of buyer representation:

01

Buyers who are seeking representation during a real estate transaction.

02

Real estate agents or brokers who will be representing buyers in a transaction.

03

Both the buyer and the buyer representative should have a copy of the notice of buyer representation for their records and to establish the terms of their agreement.

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What is notice of buyer representation?

The notice of buyer representation is a document provided by a real estate agent to inform a buyer of their representation in a real estate transaction.

Who is required to file notice of buyer representation?

The real estate agent representing the buyer is required to file the notice of buyer representation.

How to fill out notice of buyer representation?

The notice of buyer representation should be filled out by the real estate agent with all the necessary information regarding the buyer's representation in the transaction.

What is the purpose of notice of buyer representation?

The purpose of the notice of buyer representation is to clarify the relationship between the real estate agent and the buyer, ensuring transparency and clear communication.

What information must be reported on notice of buyer representation?

The notice of buyer representation must include the name of the buyer, the name of the real estate agent, the terms of the representation agreement, and any other relevant information.

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