Are you using buyer agency agreements? If not, you are doing a disservice to your business and opening yourself up to not getting paid.

 

The buyers agency agreement is a crucial opportunity to explain to your clients what your role is in the transaction and how they’ll benefit from your services. This legally binding document details the agent-client relationship, such as the services provided, agency relationship and compensation. It protects both the agent and the buyer and helps avoid misunderstandings.

 

Tracy, Melissa Dittmann, “How Buyer Agreements Boost Your Value, Fend off Claims” REALTOR® Magazine. May 5, 2023.