Know the ins and outs of a buyer representation agreement
When you are looking to buy or sell a home with a registered real estate salesperson or broker, you may be asked to sign a buyer or seller agreement.
For a seller, the written contract — often called a listing agreement — between you and the brokerage is what permits them to market your current home. In your situation, the written agreement — often called a buyer representation agreement — allows them to help you buy a new home. A buyer agreement must be in place before an offer to purchase can be submitted on behalf of a buyer.
Original Article Source Credits: The Star , https://www.thestar.com/
Article Written By: Joe Richer
Original Article Posted on: April 17, 2021