Common use of Broker’s Obligations Clause in Contracts

Broker’s Obligations. (a) Broker Assistance. Broker will * use Broker’s professional knowledge and skills; * assist Buyer in determining Buyer’s financial capability and financing options; * discuss property requirements and assist Buyer in locating and viewing suitable properties; * assist Buyer to contract for property, monitor deadlines and close any resulting transaction; * cooperate with real estate licensees working with the seller, if any, to effect a transaction. Buyer understands that even if Broker is compensated by a seller or a real estate licensee who is working with a seller, such compensation does not compromise Broker’s duties to Buyer.