Buyers who work under other agreements tell their agent not to work very hard for them because they may not use that agent to buy a home. It`s quite common for a buyer agent you work with to ask you to sign a buyer representation agreement. It exists because an agent could spend hours working with a buyer just to put them under contract with another agent. Real estate agents operate at 100% commission, so when they spend their money and especially their time to work with a buyer who changes his mind at the last minute, it harms their final result. If a buyer worked with Agent John for weeks and suddenly chose Agent Betty to help buy a house just because she`s a family friend, then John really loses.
- Eu Australia Wine Agreement
- Fmep Priority Agreement