Get Exclusive Right To Represent Buyer Agreement Virginia 2020-2025
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How to fill out the Exclusive Right To Represent Buyer Agreement Virginia online
The Exclusive Right To Represent Buyer Agreement is a crucial document for individuals seeking to engage a broker in purchasing real property in Virginia. This guide provides step-by-step instructions to assist users in completing the form accurately and efficiently online.
Follow the steps to successfully complete the Exclusive Right To Represent Buyer Agreement.
- Click ‘Get Form’ button to obtain the Exclusive Right To Represent Buyer Agreement form and open it in your preferred online editor.
- In the first section, fill in the date the agreement is made, along with your name as the 'Buyer,' and the name of the brokerage firm, DROdio Real Estate Inc.
- Read through the 'Buyer's Representations' section carefully and provide confirmation where necessary, making sure you are not under any other buyer representation agreement.
- Specify the term of the agreement by choosing the date and time when the agreement commences and expires.
- Indicate whether a retainer fee is applicable and fill in the amount, noting that it is non-refundable.
- Review the 'Broker’s Duties' section to understand the obligations of your broker during the agreement. Acknowledge by checking or signing as required.
- Outline the type of property you are interested in acquiring under the 'Purpose' section.
- Complete the 'Compensation' section by specifying the Broker's Fee and understanding the payment structure and conditions.
- If applicable, answer questions about participation in an employee relocation program, filling in the program details if 'Yes' is selected.
- Provide selections for 'Disclosed Dual Representation' and 'Designated Representation,' indicating whether you consent to these arrangements.
- Read the disclaimer and equal opportunity statements, then provide any necessary initials or signatures to acknowledge understanding.
- Review the 'Miscellaneous' section and ensure agreement with the terms stated there.
- Sign and date the agreement at the bottom of the document, ensuring all fields are completed thoroughly.
- Finally, save your changes, then download, print, or share the completed form as needed.
Complete your Exclusive Right To Represent Buyer Agreement online to streamline your real estate transaction today.
An exclusive right to represent a buyer agreement is a formal contract between a buyer and a real estate agent. This agreement grants the agent exclusive rights to represent the buyer in their home search and usually includes a commission structure. This type of arrangement emphasizes the agent's commitment to advocate solely for your interests. Entering into an Exclusive Right To Represent Buyer Agreement Virginia can provide peace of mind as you navigate the real estate market.
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