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BUYER REPRESENTATION AGREEMENT (Exclusive Right To Buy) 1 2 3 4 5 6 (CLIENT) The undersigned hereby

BUYER REPRESENTATION AGREEMENT (Exclusive Right To Buy) 1 2 3 4 5 6 (CLIENT) The undersigned hereby 2025

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The document is a Buyer Representation Agreement between a client and McMillin Real Estate & Appraisal, Inc., designating the broker as the exclusive agent for locating properties for purchase. It outlines the responsibilities of both the broker and the client, including negotiation terms, fee structures, and conditions for termination. The agreement also addresses potential dual representation and advises clients to seek expert assistance in various areas related to real estate transactions.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Whats the key difference between exclusive and non-exclusive buyer representation?

Exclusive means you can only work with that agency for commercials. You have to look at the fine print to see if they mean for just that state or for the whole world. Non-exclusive means you can work with other agencies anywhere.

What is an exclusive right to represent a buyer agreement?

An exclusive buyer agency agreement can provide clarity on that. The agreement ensures that the agent exclusively represents your interests as the buyer, minimizing conflicts of interest and prioritizing the search for the best property and negotiation of favorable terms.

What does having exclusive rights mean?

An exclusive right, or exclusivity, is a de facto, non-tangible prerogative existing in law (that is, the power or, in a wider sense, right) to perform an action or acquire a benefit and to permit or deny others the right to perform the same action or to acquire the same benefit.

What does exclusive right to represent mean?

Exclusive right-to-represent contracts are the most common buyer-broker agreement. The document will outline what the agent will do for you the buyer and will further describe your obligations.

What is an exclusive right to represent?

An exclusive arrangement means youre solely represented by one real estate agent and not allowed to hire different agents during the home buying process. This is the most common form of a buyer agency agreement contract.

What is the difference between exclusive right to sell and exclusive representation?

With the exclusive right to sell, the agent and their brokerage make a commission no matter who finds the buyer. With an exclusive agency agreement, on the other hand, you retain the right to market and sell your home yourself without paying a commission to the agent.

What is an exclusive representation agreement?

This means the buyers agent represents solely you not the seller in the transaction. These agreements are often exclusive, which means that you will not hire another agent to represent you while you shop for a home.

BUYER REPRESENTATION AGREEMENT (Exclusive Right To Buy) 1 2 3 4 5 6 (CLIENT) The undersigned hereby 2025

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