Practical Real Estates

The non-exclusive buyer-broker agreement lists down the broker or the agent’s duties to the buyer, scope of duty, agency relationships, and the buyer’s obligations. It also provides for compensation and removes the buyer’s obligation to give a commission if the broker or agent is paid by a third party such as the seller.  The buyer is allowed to buy a property through another agent or broker as long as this property was not introduced by the first broker.  The buyer also has the right to single agency.  Finally, the broker or the agent can get a commission higher than the negotiable fee in the agreement if the seller agrees to pay more and if the amount is disclosed.