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The video tutorial emphasizes the importance of understanding buyer's agent agreements, as signing one creates a legal obligation to that agent. It warns that switching agents without canceling the contract could result in legal issues. Once both parties sign an offer, it becomes a binding contract. For sellers, while they have the right to change agents, it may be complicated due to existing listing agreements with their current agent. Sellers can request to terminate their agreement but should be aware of potential challenges. The overall message encourages viewers to be informed and cautious in real estate transactions.