The contract may only apply to a specific city or county.
The "Exclusive" portion of the title is its most critical feature. Under this clause, the buyer may: an exclusive right to buy buyer agency contract may
The agent cannot share the buyer’s maximum budget or motivations with sellers. The contract may only apply to a specific city or county
To help you understand if this is the right move for you, let me know: Are you currently ? Are you looking in a highly competitive market ? Is there a specific house you’ve already found? To help you understand if this is the
Even if the buyer finds the home themselves, the contracted agent is generally entitled to the commission. 📅 Set the Duration and Scope These contracts are not indefinite. They typically include:
An exclusive contract may include a "holdover" or "protection" clause. This ensures that if the contract expires, but the buyer purchases a home the agent previously showed them within a set window (usually 30–90 days), the agent still receives their commission.
The agent must reveal any known material facts about a property.