Common use of BROKER REPRESENTS THE BUYER Clause in Contracts

BROKER REPRESENTS THE BUYER. The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx Xxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxx, Xxxx Xxxxx Brokerage Company Name Broker or Sales Associate ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. Date: Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized Representative

BROKER REPRESENTS THE BUYER. The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx XxxxxxxXxxx Xxxx Date: August 13, Xxx Xxxxxx, Xxxxx Xxxxx, Xxxx Xxxxx 2018 Brokerage Company Name Broker or Sales Associate Investment Advisor ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. Date: Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized Representative

BROKER REPRESENTS THE BUYER. The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx XxxxxxxX. Xxxx, Xxx X. Xxxxxx, Xxxxx XxxxxX. Xxxx, Xxxx Xxxxx X. Xxxxxxxxx, X. Xxxx, X. Xxxxxx, X. Xxxxxx, X. Xxxxxxx Date: Brokerage Company Name Broker or Sales Associate ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. Date: Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized RepresentativeDate:

BROKER REPRESENTS THE BUYER. The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx Xxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxx, Xxxx Xxxxx, Xxxxx Xxxxxxx Date: 1/10/2018 Brokerage Company Name Broker or Sales Associate ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. Date: _. Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized RepresentativeRepresentative Date:

BROKER REPRESENTS THE BUYER. The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx Xxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxx, Xxxx Xxxxx, Xxxxx Xxxxxxx Date: May 10, 2017 Brokerage Company Name Broker or Sales Associate ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. _. Date: Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized Representative

BROKER REPRESENTS THE BUYER. The broker typically becomes the buyer’s Buyer's agent by entering into an agreement to represent the buyer, usually through a written buyer representative agreementBuyer. A buyer’s Buyer's agent can assist the owner Owner but does not represent the owner and Owner. A Buyer's agent must place the interests of the buyer Buyer first. The owner Owner should not tell a buyer’s Buyer's agent anything the owner Owner would not want the buyer Buyer to know know, because a buyer’s Buyer's agent must disclose to the buyer Buyer any material information known he or she knows. IF THE BROKER REPRESENTS BOTH: A broker may not act as an agent for more than one party to a transaction unless the broker complies with specific requirements established by law. In addition to providing the parties with this form, the broker must enter into a written agreement with each party which authorizes the broker to represent more than one party and sets forth who will pay the broker's fee. The broker is required to treat both parties honestly and impartially so as not to favor one party or work to the agentdisadvantage of any party. Unless written permission from the appropriate party is obtained, the broker is prohibited from disclosing: (a) that the Owner will accept a price less than the asking price; (b) that the Buyer will pay a price greater than the price submitted in a written offer; (c) any confidential information; or (d) any other information a party specifically instructs the broker in writing not to disclose, unless disclosure is required by law. The broker's duties are more limited if he or she represents both parties. There are potential conflicts of interest when a broker represents more than one party. The broker is obligated to inform each party of all facts the broker knows which would affect the party's decision to permit the broker to represent both the Owner and the Buyer. For example, the broker would inform the Owner if the broker expects to represent the Buyer in purchasing additional properties in the near future. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The the Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The the Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. DISCLOSURE OF AGENCY, IF ANY: The broker named below represents: x Owner Buyer Owner & Buyer Xxxxxxxx Xxxxxxxx Xxxxxx, X.X. By: Xxxxx Xxxxxxx, Xxx Xxxxxx, Xxxxx Xxxxx, Xxxx Xxxxx Brokerage Company Name Broker or Sales Associate ACKNOWLEDGMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: Date: 4/18/2017 I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner and the Buyer with their full knowledge and consent. Date: Owner (Landlord) or Buyer (Tenant) or Authorized Representative Owner (Landlord) or Buyer (Tenant) or Authorized Representative: