Should you use a buyer-broker agreement?

By July 14, 2017 Inman No Comments
Should you use a buyer-broker agreement?

If you’re a buyer’s agent, should you use a buyer-broker agreement? Peter Lorimer of PLG Estates talks about what this is and if it’s appropriate to use.

I’ve been fortunate in that I’ve worked with quality clientele who’ve been loyal to me. This is in large part because I’ve asked for their loyalty.

However, there’s a document in real estate called the buyer-broker agreement. It essentially locks a buyer into working with a buyer’s agent, and if the buyer ends up buying with another agent, you still get the commission.

Sounds like a good idea in theory, right?

However, it...

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