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RIGHT TO REPRESENT BUYER AGREEMENT
This agreement is hereby made between {Broker} from {Company} (hereafter referred to as "Broker"), and {Buyer} (hereafter referred to as "Buyer"). This agreement is created for the purpose of obtaining {type of property} real estate for the Buyer to {rent, lease, buy, etc.}.
By signing this agreement, the Buyer gives the Broker the exclusive right to represent the Buyer for all acquisitions of property from {date} until midnight on {date}.
The Broker agrees to the following conditions:
- To make the Buyer aware of all property that fits the following criteria: {price, location, size, amenities, etc.}
- To seek out property of interest to the Buyer in a timely and efficient manner
- To disclose all acquired information and knowledge about each property to the Buyer in a timely manner
- To show and make available to the Buyer all property (according to the aforementioned criteria) without discrimination regarding race, national origin, age, sex, familial status, sexual orientation, disability, class, creed, or color
The Buyer agrees to the following conditions:
- To allow all inquiries, solicitations, interviews, and meetings with a seller to go through the Broker first, and to not pursue any brokers elsewhere during the allotted timeframe
- To provide all relevant personal and financial information to the broker for the purpose of leasing property
- To pay the retainer fee of {amount} which {is/is not} refundable in the case of {circumstances}
- To pay the Broker's fee of {amount} on the {closing, signing, down payment} of an agreed-upon property
- To pay the compensatory fee of {amount} if, having entered into an agreement, the Buyer then defaults upon the agreed-upon terms
- To pay the compensatory fee of {amount} if the Buyer grants the right of exclusive representation to another broker or enters a lease with a seller introduced by the Broker within {amount of time} after the termination of this agreement
_________________________________________
(Broker's Signature)
_________________________________________
(Buyer's Signature)
_________________________________________
(Date)
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