Exclusive Buyer's Agent Contract
Items marked with '*' are required.
*BY SIGNING (ENTERING YOUR NAME)
THIS CONTRACT THE BUYER ACKNOWLEDGES HAVING RECEIVED, READ
AND UNDERSTOOD THE BROCHURE PUBLISHED BY THE BRITISH COLUMBIA
REAL ESTATE ASSOCIATION ENTITLED WORKING WITH A REAL ESTATE
with a Realtor (306KB PDF)(Click to read or print the
*I have read the Working with a Realtor PDF Document
*I / We have read the above Agreement
Buyer's Agent Contract" and agree to all the terms
of the contract
INFORMATION ABOUT THE EXCLUSIVE BUYER’S
INFORMATION IS INCLUDED FOR THE ASSISTANCE OF THE PARTIES
ONLY. IT DOES NOT FORM PART OF THE CONTRACT AND SHOULD
NOT AFFECT THE PROPER INTERPRETATION OF ANY OF ITS TERMS.
Exclusive Buyer’s Agent Contract when signed by
both parties is a legally binding contract. READ IT CAREFULLY.
The parties should ensure that everything that is agreed
to is in writing.
Buying real estate can be a very rewarding
experience. Property owners generally experience pride
of ownership and in many
cases a financial gain over the long term. The process
of buying real estate is relatively complex and for this
many buyers seek the help and professional expertise of
a licensed real estate agent. It is recommended that the
between the buyer and the real estate agent should be in
writing in the form of a Buyer’s Agent Contract. This
will ensure that both parties will have a complete understanding
of their rights and responsibilities. Each party will know
what they can expect from the other and what is expected
from them. This is similar to the common practice of sellers
entering into a listing contract when selling a property.
Real estate agents cooperate with each other to bring buyers
and sellers together. This cooperation will help bring you
the best selection of properties which meet your individual
requirements. The topic of compensation to the real estate
agent should be thoroughly discussed. The discussion should
include the amount of compensation, sources of payment and
when the payment is to be made.
REALTORS are trained to provide
valuable assistance to buyers in the following areas:
These and other services can be documented on a schedule
attached to the contract.