What is a buyer brokerage agreement?
A Buyer Brokerage Agreement locks a buyer into working with an agent and outlines their pay. If you don’t want that agent or the fees, don’t sign it.
What is a Buyer Brokerage Agreement?
A Buyer Brokerage Agreement is a contract between a real estate agent and a buyer. It outlines how the agent will be compensated for representing the buyer and typically locks the buyer into an exclusive relationship with that agent.
Important: If you do not want the agent to represent you — or be responsible for paying the associated fees — do not sign this agreement.
Many buyers are surprised to learn that agents are not free. In most cases, it’s actually the seller who pays the buyer’s agent’s commission.
To understand more about how commissions work, you can read our blog post:
Decoding Real Estate Commissions for Sellers (https://home.bode.ca/blog/decoding-real-estate-commissions-for-sellers/)
If you're curious how much commission might cost, use our calculator here:
Commission Calculator (https://www.bode.ca/commissions-calculator)
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