Exclusive Transaction Broker Agreement at a glance
What it is: Exclusive Transaction Broker Agreement: Buyer gives Broker the exclusive right to locate and/or assist in the purchase, exchange or option to purchase property at a price and with terms acceptable to Buyer.
Who signs: Each buyer signs on a Buyer line and writes the Date. Enter the Address (City, State, Zip); the licensee and the broker sign, each with the Date.
A filled-in Exclusive Transaction Broker Agreement example: two buyers sign with one broker

How to fill out Exclusive Transaction Broker Agreement, box by box
The amount of compensation
Days after the end of this Agreement

Buyer will work exclusively with Broker for the Purchase of property. Buyer will 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. Buyer will compensate Broker as outlined in paragraph two (2) if Buyer purchases a property within the days you enter 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.
Description of property desired
This agreement shall begin

This agreement shall begin on the date you enter with its a.m./p.m., and shall continue until the earlier of the second date you enter with its 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.
Address, Licensee and Broker
More rules for 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.
Buyer agrees that Broker is not an agent of the Buyer and the Broker is not acting in a fiduciary capacity. Buyer agrees that Broker is not an advocate for the interests of any parties to this agreement. 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.
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.
Sources
[1] Exclusive Transaction Broker Agreement (SDREC/TRANS/EXCLUBUY/7-99), South Dakota Department of Labor and Regulation (the Official source link on this page).





