Exclusive Buyer Contract

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1. Purpose: The Client hires the Broker as their exclusive agent to help buy, lease, or exchange property based on specific criteria (e.g., type, price, location).

2. Services: The Broker will assist with finding properties, advising on financing, and negotiating deals, but won’t act as a lawyer, appraiser, or other expert.

3. Exclusivity: The Client must work only through the Broker for all property inquiries or deals during the contract term, including not visiting new home sites without the Broker.

4. Duration: The contract starts and ends on dates to be filled in, and can only be canceled if both agree in writing.

5. Payment: The Client pays the Broker a commission (a percentage of the purchase price) when a property is bought, due at closing. If the seller or another broker pays the Broker, it reduces what the Client owes. The commission applies to deals made during or shortly after the contract, unless the seller backs out (not the Client’s fault).

6. Broker’s Role: The Broker won’t share confidential info from past deals and may work with other buyers, even on the same property.

7. Dual Agency: If the Client wants a property listed by the Broker, the Broker can represent both buyer and seller with written consent.

8. Extra Costs: The Client pays for outside services (e.g., inspections) if approved in advance.

9. Liability: The Client won’t hold the Broker responsible for issues unless the Broker is at fault.

10. Fairness: The Broker must treat everyone fairly, without discrimination, as required by law and ethics.

11. Property Condition: The Client is responsible for checking if the property meets their needs, not the Broker.

12. Complete Agreement: This is the full deal—no other promises count unless written here.