Buyer Broker Agreement Form

Client Name*

First NameLast Name

Email*

example@example.com

Client Name

First NameLast Name

Email

example@example.com

Which BBA do you need?*

PROPERTIES. The undersigned buyer (“Buyer”) engages the undersigned brokerage firm (“Broker”) to represent Buyer concerning Buyer’s purchase of the below-selected real property type(s) situated in the following locations (“Geographic Area”). Any real property introduced to Buyer, by Broker, in the Geographic Area shall be referred to as the “Property.”

ResidentialLandCommercialOther

What is the Geographic Area:

LENGTH OF AGREEMENT. Subject to Section 9, this agreement shall begin on the date last signed by Buyer and Broker, and will automatically end on ____________________ (at 11:59 p.m.), or upon the closing or termination of any then-pending transaction, whichever is later (the “Term”).

Date

FOR BEST EXPERIENCE. Buyer is encouraged to be accompanied by Broker on Buyer’s first visit to the Property, and to conduct all negotiations for the Property in good faith, and exclusively through Broker. Buyer understands that signing more than one buyer-broker representation agreement for any overlapping period of time could expose Buyer to liability for paying additional fees. Buyer is not a party to any active, exclusive buyer-broker representation agreements. Buyer is a party to Type a label (insert number) active, non exclusive buyer-broker representation agreement.

BROKER FEE. Buyer agrees to pay Broker, as provided below (the “Broker Fee”) for any Properties involving Broker’s efforts (Sections 4(b)-4(e)). No Broker Fee is due if Broker’s efforts involve only locating and presenting suitable Properties for consideration (Section 4(a)). The Broker Fee is not set by law and is fully negotiable. The Broker Fee shall be due and payable upon successful closing. If Buyer enters into an agreement to purchase any Property within Type a label days following the expiration or earlier cancellation of this agreement, then Buyer shall pay the Broker Fee to Broker upon closing. The Broker Fee shall be in U.S. currency and paid at the time, and as a condition, of closing. This agreement shall act as escrow instructions for payment of the Broker Fee to Broker. This Section 6 shall survive the expiration or earlier cancellation of this agreement.

The Broker Fee is (fill in only one):
Type a label % of the gross purchase price of the Property (as reflected on the final settlement statement);
or
Exactly $ Type a label

ADDITIONAL TERMS