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Fax Nonexclusive Purchasing Agency Agreement

Fax Nonexclusive Purchasing Agency Agreement

Aug 6th, 2022

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How to Fax Nonexclusive Purchasing Agency Agreement

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A buyer agency agreement is a contract between a real estate broker and a potential home buyer, allowing the broker to show homes to the buyer for a commission payment. This video explains the role of a buyer's agent, the differences between exclusive and non-exclusive agency, and essential details to include in the agreement. A buyer's agent is responsible for researching listings, showing properties, and negotiating purchases on behalf of the buyer, receiving a commission from the sale. If a home has its own listing agent, both agents may agree to split the commission. The video also mentions dual agency, where one agent represents both buyer and seller, and notes that this practice may be illegal in some states.

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