Exclusive Right To Represent Buyer Agreement

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EXCLUSIVE RIGHT TO REPRESENT BUYER AGREEMENT
This EXCLUSIVE RIGHT TO REPRESENT BUYER AGREEMENT (the “Agreement”) is made and entered
into as of _______________ ____ , 20 14 , by and between REALTECH Real Estate Services (the “Broker”)
and ______________________________ ___________________________________ (the "Buyer").
In consideration of the services, the Broker is hereby granted the right to represent the Buyer in the acquisition
of the following real properties: _______________________________________________________________
__________________________________________________________________________________________
_______________________________________ (the “Properties”). As used in this Agreement, "acquisition of
real property" shall include any purchase, option, exchange, lease or an agreement to do so.
The Buyer represents that as of the Commencement Date of this
1. BUYER'S REPRESENTATIONS.
Agreement, the Buyer is not a party to a buyer representation agreement with any other brokerage firm
pertaining to the Properties. The Buyer further represents that if the Buyer contacts selling broker of the
Properties, Buyer has disclosed to the selling broker that Buyer is represented by the Broker to acquire the
Properties under this Agreement.
This Agreement commences on the Execution Date when signed and terminates 120 days
2. TERM.
after the Execution Date.
The Broker shall promote the interests of the Buyer by: (a) performing the
3. BROKER'S DUTIES.
terms of this Agreement; (b) presenting the Properties at a price and terms acceptable to the Buyer; (c)
presenting in a timely manner all written offers or counter offers to and from the Buyer; (d) disclosing to the
Buyer all material facts related to the property or concerning the transaction of which they have actual
knowledge; (e) accounting for in a timely manner all money and property received in which the Buyer has or
may have an interest. Unless otherwise provided by law or the Buyer consents in writing to the release of this
information, the Broker shall maintain the confidentiality of all personal and financial information and other
matters identified as confidential by the Buyer, if that information is received from the Buyer during the
brokerage relationship. In satisfying these duties, the Broker shall exercise ordinary care, comply with all
applicable laws and regulations, treat all prospective sellers honestly and not knowingly give false information.
In addition, the Broker may show the same property to other buyers and represent other buyers relative to the
Properties by performing ministerial acts that are not inconsistent with the Broker's duties under this
Agreement.
For the Properties, the Buyer shall: (a) work exclusively with the Broker
4. BUYER'S DUTIES.
during the term of this Agreement; (b) comply with the reasonable requests of the Broker to supply any
pertinent financial or personal data needed to fulfill the terms of this Agreement.
Seller or Seller’s representative shall pay Broker the broker’s fee. The fee
5. COMPENSATION.
shall be deemed earned, due and payable at the closing of Buyer’s purchase of the property or the equity portion
of the property.
. The Buyer acknowledges that the Broker is being retained solely as a real estate
6. DISCLAIMER
agent and is not an attorney, tax advisor, lender, appraiser, surveyor, structural engineer, home inspector or
other professional service provider. The Buyer is advised to seek professional advice concerning the condition
of the property or concerning legal and tax matters.
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