Exclusive Transaction Broker Agreement PDF Details

In navigating the complexities of real estate transactions, the Exclusive Transaction Broker Agreement becomes a pivotal document for buyers looking to secure their dream properties with the assistance of a broker who is not acting as their agent. At the heart of this agreement is the understanding that the transaction broker's role is not to advocate for the buyer's interests in the traditional sense of an agent, but rather to facilitate the transaction itself. Buyers grant the broker the exclusive right to locate and assist in the purchase of property under conditions that are acceptable to them, emphasizing a collaborative rather than fiduciary relationship. Compensation for the broker's services, outlined clearly in the agreement, can come from various sources, including the seller or a cooperating broker, ensuring flexibility in financial arrangements. Notably, the agreement delves into specifics such as the type and location of the property sought by the buyer, alongside the duration of the agreement and the obligations of the parties involved. Moreover, it addresses the potential for the broker to assist other buyers interested in the same properties, underscoring the non-exclusive nature of the broker's commitment to any single buyer's goals. This contractual arrangement allows for a tailored approach to property acquisition, where the broker's expertise in facilitating transactions meets the buyer's unique needs and preferences without the constraints of a traditional agent-client relationship.

QuestionAnswer
Form NameExclusive Transaction Broker Agreement
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesbroker agreement sample, brokerage agreement, exclusive brokerage agreement, broker agreement contract

Form Preview Example

EXCLUSIVE TRANSACTION BROKER AGREEMENT

(This is a legally binding contract. If you do not understand it, seek legal advice.)

THIS IS A NON-AGENCY AGREEMENT

As a transaction broker, Broker will assist Buyer under the following terms:

1.Buyer gives Broker the exclusive right to locate and/or assist in the purchase, exchange or option to purchase property (purchase) at a price and with terms acceptable to Buyer.

2.Buyer agrees to compensate Transaction Broker. THE AMOUNT OF COMPENSATION SHALL BE $______________

OR__________percent of the selling price plus appropriate sales/service tax, which may be satisfied in whole or in part by payments from a cooperating Broker or Seller.

3.A. Buyer agrees that Broker is not an agent of the Buyer and the Broker is not acting in a fiduciary capacity.

B.Buyer agrees that Broker is not an advocate for the interests of any parties to this agreement.

C.Buyer and Broker agree that Broker will assist Buyer as a transaction broker as outlined in the Real Estate Relationships Disclosure Form and the Real Estate Consumer Guide.

4.Buyer acknowledges and consents that Broker may represent and/or assist other buyers who may have an interest in presenting purchase agreements on any given property for sale by a Seller.

5.Buyer will:

A.Work exclusively with Broker for the Purchase of property.

B.Compensate Broker as outlined in paragraph two (2) if Buyer purchases property or defaults on an agreement to Purchase during the period of this contract.

C.Compensate Broker as outlined in paragraph two (2) if Buyer purchases a property within ________ days after the end of this Agreement which Broker has shown to Buyer during the term of this agreement unless Buyer enters into an Exclusive Agreement with another broker.

6.Description of property desired:

A.Type of property: ___________________________________________________________________________________

B.General location:___________________________________________________________________________________

C.Price range:_______________________________________________________________________________________

7.This agreement shall begin _____________________________________, ___________a.m./p.m., and shall continue until the earlier of

_______________________________________, _____________a.m./p.m., or completion of the acquisition of the property.

However, if a purchase agreement is entered into by Buyers during the term of this agreement, the termination thereof shall extend to and include the date of closing under said purchase agreement as to the purchased property only.

Receipt of a copy of this contract by the buyer has been acknowledged.

Buyer______________________________________________________Date_____________________

Buyer______________________________________________________Date_____________________

Address:_____________________________________________________________________________________________________

City

State

Zip

Licensee________________________________________________

Date_______________________________

 

Broker__________________________________________________

Date_______________________________

 

*****************************************************************************

THIS AGREEMENT IS EXTENDED TO:_________________________________________________________________

Receipt of a copy of this contract by the buyer has been acknowledged.

Buyer:________________________________________________ Date:_______________________________

Buyer:________________________________________________ Date:_______________________________

Broker:____________________________________ by Licensee:_____________________________Date:________________

SDREC/TRANS/EXCLUBUY/7-99

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How to Edit Exclusive Transaction Broker Agreement Online for Free

Very few tasks are easier than managing documentation using this PDF editor. There is not much for you to do to edit the broker agreement form sample file - only abide by these steps in the next order:

Step 1: Click the orange button "Get Form Here" on the website page.

Step 2: When you have accessed the editing page broker agreement form sample, you should be able to notice each of the options readily available for your file within the upper menu.

Feel free to enter the following information to prepare the broker agreement form sample PDF:

broker agreement contract gaps to fill in

You should fill in the B General location, C Price range, This agreement shall begin ampm, ampm or completion of the, and include the date of closing, Receipt of a copy of this contract, BuyerDate, BuyerDate, Address, City Licensee, State Date, Zip, Broker, Date, and THIS AGREEMENT IS EXTENDED TO space with the expected information.

Completing broker agreement contract step 2

Note any data you need inside the area Buyer Date, Broker by LicenseeDate, and SDRECTRANSEXCLUBUY Page of.

stage 3 to completing broker agreement contract

Step 3: Press "Done". You can now export the PDF file.

Step 4: You should make as many duplicates of your document as you can to avoid future issues.

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