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Even if someone was driving by and pulled in the driveway and saw the house without the agent present? Do buyer agent agreements require you buy a house throug
by cj 3y ago
Even if someone was driving by and pulled in the driveway and saw the house without the agent present?
Do buyer agent agreements require you buy a house through them even if you find the house and view the house and negotiate the price with the seller yourself?
(I’ve never relied on an agent for these things, I did everything myself when buying my first/only house)
- judge2020 3y agoSome have exclusivity agreements that require that, but they're pretty unpopular (because it's also intimidating for a buyer to sign). What I described is a non-exclusive showing agreements, where they only get compensation if they helped in showing the house or completing the transaction (like drafting the contracts).
- montgomster 3y agoIn my state if you sign a buyer agency agreement, describe the property you are looking for and it is dated. You are obligated to pay in most situations. If you can prove abandonment you can likely get off the hook. Every state has their own laws and rules so be certain know what those laws and rules are. Also read the contract carefully. In my state there is a clause that if the listing broker doesn't pay the buyer agent, or doesn't pay enough to satisfy your fee, you are obligated to pay. I never liked that sentence. Thanks for your questions