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How to fill out non-exclusive buyer representation contract

01

Read the non-exclusive buyer representation contract thoroughly to understand its terms and conditions.

02

Ensure that all parties involved in the transaction, including the buyer and the real estate agent, agree to enter into a non-exclusive buyer representation contract.

03

Fill out the buyer's information accurately, including their full name, contact details, and any specific requirements they may have.

04

Specify the duration of the contract, which typically ranges from a few months to a year.

05

Include any additional terms or conditions that both parties agree upon, such as commission rates or exclusive geographical areas.

06

Review the contract with the buyer to ensure their understanding and agreement to its terms.

07

Sign the contract along with the buyer, and provide them with a copy for their records.

08

Keep a copy of the signed non-exclusive buyer representation contract for your records as well.

Who needs non-exclusive buyer representation contract?

01

Buyers who want to work with multiple real estate agents or brokers to explore different real estate options.

02

Buyers who have specific preferences or requirements for their property search and want a dedicated agent to assist them.

03

Real estate agents or brokers who want to provide services to buyers without exclusivity to ensure flexibility in working with multiple clients.

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What is non-exclusive buyer representation contract?

A non-exclusive buyer representation contract is an agreement between a buyer and a real estate agent that allows the buyer to work with multiple agents to find a property.

Who is required to file non-exclusive buyer representation contract?

The buyer and the real estate agent are required to file the non-exclusive buyer representation contract.

How to fill out non-exclusive buyer representation contract?

To fill out a non-exclusive buyer representation contract, both the buyer and the real estate agent must include their contact information, the terms of the agreement, and any specific property criteria.

What is the purpose of non-exclusive buyer representation contract?

The purpose of a non-exclusive buyer representation contract is to outline the terms of the agreement between the buyer and the real estate agent, including how the agent will be compensated.

What information must be reported on non-exclusive buyer representation contract?

The non-exclusive buyer representation contract must include the names of the parties involved, the property criteria, the duration of the agreement, and any compensation terms.

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