Common use of Broker’s Obligations Clause in Contracts

Broker’s Obligations. Broker agrees to: [a] Use diligence in locating a property on price and terms acceptable to Client; [b] Use professional knowledge and skills to negotiate for Client's purchase of the property; [c] Assist Client throughout the transaction and act in Client's best interests at all times; [d] Present purchase offers to the seller or to seller's agent if a written authorization granting exclusive authority exists; [e] Assist Client in obtaining financing and in researching financing alternatives.

Broker’s Obligations. Broker agrees to: [a] Use diligence in locating a rental property on price and terms acceptable to Client; [b] Use professional knowledge and skills to negotiate for Client's purchase rental of the property; [c] Assist Client throughout the transaction and act in Client's best interests at all times; [d] Present purchase lease offers to the seller landlord or to seller's landlord’s agent if a written authorization granting exclusive authority exists; [e] Assist Client in obtaining financing and in researching financing alternativesif Tenant decides to make a purchase offer on a rental property, to Present purchase offers to the landlord/seller.