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Send Nonexclusive Purchasing Agency Agreement via Fax

Send Nonexclusive Purchasing Agency Agreement via Fax

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Aug 6th, 2022

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How to Send Nonexclusive Purchasing Agency Agreement via Fax

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45 votes

A buyer agency agreement is a contract between a real estate broker and a prospective home buyer, establishing that the broker will show homes to the buyer in exchange for a commission. This video covers key aspects including the role of a buyer's agent, the differences between exclusive and non-exclusive agencies, and important details to include in the agreement. A buyer's agent is tasked with researching and showing home listings, leading purchase negotiations, and receiving a commission from the sale. In cases where a home has its own listing agent, both agents can agree to share the commission. The video also addresses dual agency, where one agent represents both the buyer and seller, which may be illegal in certain states.

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