Exclusive right to represent buyer - North Carolina Association of ... - ncrealtors 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the Buyer’s name and the Firm’s name at the top of the form. Ensure that all details are accurate.
  3. Specify the type of property you are interested in by checking the appropriate box (Residential, Commercial, or Other) and provide a general location.
  4. Indicate the duration of agency by entering the start and expiration dates for your agreement with the Firm.
  5. Review and select your preference regarding dual agency. Make sure to initial next to your choice.
  6. Fill out compensation details, including any retainer fees and how compensation will be calculated if applicable.
  7. Complete any additional provisions or notes in section 12 as needed, ensuring clarity on any specific agreements.
  8. Finally, both Buyer and Firm representatives should sign and date the document at the bottom before saving or sharing it.

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The listing agreement may be exclusive or non-exclusive. When it is exclusive, the real estate agent has the right to a commission irrespective of who sells the home. When it is non-exclusive, the real estate agent will only get a commission if he or she sells the home.
In an exclusive right-to-sell agreement, the seller will be responsible for paying the realtor fees even if they find the buyer completely on their own. With an exclusive agency listing, the seller will only pay fees in the event the realtor finds the final buyer.
Yes. Dual agency is legal in North Carolina as long as both parties (e.g. seller and buyer) have provided written authorization for the agent to represent both parties in the transaction.
Exclusive representation refers to an arrangement where one party (usually a business or individual) grants a sole representative the exclusive right to represent, sell, or distribute their products or services within a specific territory or market for a defined period.
Exclusive buyer agency agreements mean you must work only with that agent for the term of your contract. The term can vary, but if you work with another agent during that term, you may have to pay your agent their fee regardless of whether they were involved in the transaction.