How To Explain Exclusive Buyer Agency Agreement

It also means that there is no one to help you create an offer or negotiate with counter-offers. Working with an experienced local agent helps buyers save money, but some experienced buyers may prefer to go alone. If you are in a non-exclusive agreement, you, the buyer, can work with other agents and buy real estate. The signing of a buyer`s brokerage contract is an integral part of the cooperation agreement with a real estate agent when buying a home. It`s just like signing a listing agreement with a listing agent during the sale. While you need to be careful and understand everything in your agreement before signing, it can be a good sign if an agent asks for one.