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Step 1 of 11 – To/From

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    Buyer Representation Agreement

  • REQUEST FROM (Your details)

  • DUE BY:

  • :
     
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  • 1. Parties

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    Buyer 2 Info

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  • 3. Definitions

  • “Market area” means that area in the State of Texas within the perimeter boundaries of the following areas:
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  • 4. Term

    Start and End Date. Adjust the term based on the level of trust the client has in you. Low trust, shorter term, high trust, longer term. Typical term is 6 months.
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  • 7. Representations

  • This is a common item when a prospect / client are being relocated by their company and company has contracted a relocation company to assist with the move.
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  • 8. Intermediary

  • You can only give your opinion when Intermediary Status is selected. In all other situations, you can only state facts.
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  • 11. Broker's Fees

  • % of the gross sales price if Client agrees to purchase property in the market area

  • if Client agrees to lease property in the market area a fee equal to
  • This is a negotiable percentage. Typically agents enter 50% but accept what is paid by a listing broker as compensation. You could discuss this paragraph with a client and have them agree that they will pay any shortfall not paid by the listing agent.

  • 1. Construction: If Client uses Broker’s services to procure or negotiate the construction of improvements to property that Client owns or may acquire, Client ensures that Broker will receive from Client or the contractor(s) at the time the construction is substantially complete a fee equal to:
  • 2. Service Providers: If Broker refers Client or any party to a transaction contemplated by this agreement to a service provider (for example, mover, cable company, telecommunications provider, utility, or contractor) Broker may receive a fee from the service provider for the referral.
  • 1. Other

  • If for any reason the listing agreement is terminated, if you have shown the home to a prospective buyer, you are protected in the agreement if the buyer then purchases the home within the amount of days specified as the Protection Period from the day the listing agreement is terminated. The Protection Period is negotiable.

  • Amounts payable to Broker are to be paid in cash in
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  • 16. Addenda and Other Documents

  • Required addenda:
    – Information About Brokerage Services
    – General Information and Notice to a Buyer

    Strongly recommended:
    – Protecting Your Home from Mold
    – Information Concerning Property Insurance
    – For Your Protection: Get a Home Inspection

    Required if the you will show homes built in or before 1978:
    – Protect Your Family from Lead in Your Home
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  • 17. Special Provisions

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    Signatures

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  • Special Instructions, if any

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