When Do You Sign A Buyer Broker Agreement

In fact, many buyers are called buyer agents by family, friends, or colleagues. But buyers who move to a new area usually don`t have that option. A buyer-broker contract is a document that establishes a business agreement between the buyer (you) and the supervisor of your real estate agent (also called a broker). A buyer-broker contract is used to protect the buyer as well as the real estate agent who represents him. It describes the extent of the work the real estate agent will do for the buyer and gives the buyer peace of mind that the real estate agent has their best interest at heart, McKnight says. If that`s the case, but there`s no law that emphasizes it, then there are a few things to consider…