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Cooperating Brokerage Agreement Buyer Registration & Confidentiality Agreement Stood Hospitality Specialists (hereinafter referenced as SHS) has been retained as the Sellers Exclusive Listing Agent
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How to Fill Out Cooperating Brokerage Agreement - Buyer:

01
Read the agreement thoroughly: Start by carefully reading the cooperating brokerage agreement for buyers. Understand the terms, conditions, and obligations outlined in the agreement.
02
Provide accurate personal information: Fill in your personal information accurately in the designated fields. This may include your full name, contact details, and any other required identification information.
03
Specify property requirements: Clearly define the type of property you are looking for in the agreement. This can include the desired location, size, features, budget, and any other specific criteria you have in mind.
04
Outline financing arrangements: Indicate the financing method or mortgage you intend to utilize for the purchase. Provide any necessary details related to the loan pre-approval, down payment amount, or any other financial considerations.
05
Disclose agency relationships: If you are already working with a real estate agent or multiple agents, state their names in the agreement. This helps establish and maintain transparency in the agency relationships involved.
06
Agree on commission terms: Cooperating brokerage agreements usually include provisions for the payment of commission to the buyer's agent. Clarify the agreed-upon commission percentage or amount and ensure it aligns with your preferences.
07
Review and seek legal advice if necessary: Before signing the agreement, carefully review all the terms and clauses. If you have any concerns or doubts, consider consulting a legal professional to ensure you fully understand the agreement's implications.

Who Needs a Cooperating Brokerage Agreement - Buyer:

01
Homebuyers working with a real estate agent: If you are actively seeking the assistance of a real estate agent to help you find and purchase a property, you will likely need a cooperating brokerage agreement as it outlines the terms and expectations between you and the agent.
02
Individuals interested in professional guidance: Even if you are not mandated to work with a real estate agent, you may still choose to sign a cooperating brokerage agreement as it provides formal guidelines and protection during the homebuying process.
03
Buyers seeking property through multiple agents: If you plan to work with multiple real estate agents to explore different listings or areas, signing a cooperating brokerage agreement can ensure clear communication and avoid any potential conflicts of interest.
Note: It's essential to consult local real estate laws and regulations, as the requirements for a cooperating brokerage agreement may vary depending on your jurisdiction.
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