Sarah and Mike feel like they’re being asked to "marry" an agent after just one meeting. They worry that if Alex turns out to be a poor communicator or doesn't find them the right homes, they’ll be legally stuck with him for half a year. The Compromise: The "Single Property" Agreement New Requirement for Buyers to Sign Representation Agreement
In the real estate world, an is essentially a commitment that "locks in" the relationship between a client and their agent for a set period. exclusive buyer tenant agency agreement
Here is a common scenario—based on industry experiences—that illustrates how these agreements work in practice: The "First Date" Dilemma Sarah and Mike feel like they’re being asked