Buyer Broker Agreement - Stuart Maury Realtors 2025

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A buyer can back out of a home purchase even after signing a contract if all agreed-upon contingencies are not met. Common reasons for buyers to back out include issues revealed during a home inspection and problems with financing.
Typically, the agreement will last for six months. However, some agents will request a full one-year agreement, while others will agree on a 30-day agreement. This is generally a negotiable term, so just talk it over with your agent if you have concerns about the proposed length of your buyer-broker agreement.
As noted, to cancel or otherwise amend a listing or buyer agency contract the seller/buyer and brokerage must both agree. Be sure to: Discuss your concerns directly with your Realtor and ask for a resolution of the issues that are bothering you. Keep written notes and make your instructions in writing.
Here are the states that now require written buyer agency agreements Arkansas. Alaska. Georgia. Idaho. Maryland. Minnesota. Missouri. Nebraska.
It is usually possible to terminate the buyer-broker agreement if the buyer or the agent feels the arrangement isnt working out. This section of the contract will outline how to terminate the deal, the required notice period, and the fees the buyer has to pay if the advance notice is not given.
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Just send an email terminating the relationship. CC the broker. Move on. This isnt that big a deal.
Key Elements of the Buyer Broker Agreement Our contract includes: Exclusive Partnership: You agree to work exclusively with your agent for a set period. Agent Compensation: Details on how and how much your agent will be paid. Agreement Duration: How long the agreement lasts.

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