Buyer Services Agreement
Time to Complete: 5-7 minutes
Who completes this form? The managing broker* of your real estate firm OR their affiliated licensee must fill out and sign the Buyer Services Agreement. Broker of Record reviews the form and approves properly prepared forms for eventual presentation to the consumer.
Who signs this form? Buyer, Out-of-State Broker, Broker of Record
Signing Process: 1. Use the Adobe Sign link above to fill out the form only. 2. The form gets sent to us automatically for approval. 3. Once we approve the form, you must manually send it to the buyer for signature. 4. You sign. 5. We sign.
Do I need to use your Buyer Services Agreement? All of our forms have been drafted to comply with various state laws, regulatory requirements, and effectively mitigate the potential for any contractual disputes with clients. This allows us to offer our services at a discounted price. Since it's unlikely that a client or their legal counsel would find anything objectionable in our forms, we strongly prefer the use of our forms. While our co-brokerage agreement and our agency disclosures are required, you may be able to use your own Listing Agreement and/or Buyer Rep Agreement, as long as we can confirm that they are compliant with applicable state law and effectively mitigate any potential legal issues with sellers/buyers. If we approve the form, you will need to add our information to the form and include a signature block for us to sign.
Also, you should note that using your own forms voids the regulatory compliance guarantee.
*Not the Managing Broker? If you're a licensee under a managing broker, send your managing broker the following info so they can fill out this form:
-Client's Name (if an entity, provide the entity name and type):
-If client is an entity, the state where the entity was formed:
-Exclusive or Non-Exclusive:
-Transaction State:
-Who's paying the Commission (Buyer or Seller):
-Commission Amount (Percentage or Fixed Amount):
-BSA Commencement & Expiration Dates:
-Buyer's Criteria:
-Officer's Name for Client's Entity:
-Officer's Title:
Need a Broker of Record?
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