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Phone: (248) 8389988Exclusive Buyer Agency Contract (Short Form Designated Agency) 1st Michigan Realty LLC Brokerage Firm: ___ (Brokerage Firm) Bill Wang and Associates Designated Agent(s):___ (Designated
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How to fill out exclusive buyer agency contract

How to fill out exclusive buyer agency contract
01
Find a reputable real estate agent who specializes in buyer representation.
02
Schedule a meeting with the agent to discuss your needs and expectations.
03
Review the terms of the exclusive buyer agency contract including the duration of the agreement, the agent's commission, and any other important clauses.
04
Ask any questions you may have and seek clarification on any points you do not understand.
05
Once you are satisfied with the terms, sign the exclusive buyer agency contract and make sure you receive a copy for your records.
06
Work closely with your agent throughout the home buying process and notify them of any changes to your criteria or preferences.
Who needs exclusive buyer agency contract?
01
First-time homebuyers who may need guidance and support navigating the real estate market.
02
Buyers with specific preferences or requirements who want a dedicated agent to help them find the right property.
03
Buyers who want to avoid conflicts of interest that may arise when working with a seller's agent.
04
Buyers who want exclusive access to off-market listings and priority access to new properties.
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What is exclusive buyer agency contract?
An exclusive buyer agency contract is a legal agreement between a buyer and a real estate agent, where the agent agrees to represent the buyer exclusively in a real estate transaction.
Who is required to file exclusive buyer agency contract?
The buyer, along with their real estate agent, is typically required to file the exclusive buyer agency contract.
How to fill out exclusive buyer agency contract?
To fill out an exclusive buyer agency contract, the buyer and agent need to provide personal information, define the scope of representation, specify the duration of the agreement, and outline the commission structure.
What is the purpose of exclusive buyer agency contract?
The purpose of an exclusive buyer agency contract is to ensure that the buyer receives dedicated representation from the agent, protecting their interests in the real estate transaction.
What information must be reported on exclusive buyer agency contract?
The contract must report the buyer's information, agent's information, terms of representation, duration of the contract, and commission agreements.
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