FAQ
Do these templates cover state-specific disclosures like Maryland’s required agency agreements?
Yes, several templates—such as the Maryland-specific buyer agency agreements—include language tailored to state laws. Review them alongside your brokerage’s compliance guidelines, as local requirements may vary. These are starting points, not legal interpretations.
What’s the difference between an exclusive and non-exclusive buyer agency agreement?
An exclusive agreement binds you to one agent for a set term, often granting them the sole right to represent you. A non-exclusive version lets you work with multiple agents simultaneously, giving you flexibility but potentially splitting commissions. Choose based on your market confidence and agent relationships.
Can I use these templates if I’m representing buyers in a short sale or auction scenario?
These templates address standard buyer-agent relationships but may need adjustments for special circumstances like auctions or short sales. Add clauses for deadlines, bid contingencies, or lender approval timelines if needed. Consult a real estate attorney to ensure all terms align with transaction specifics.
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