Common use of BUYER AGENCY Clause in Contracts

BUYER AGENCY. Seller acknowledges that Firm is the agent representing Client with respect to the Property. As the agent of Client, the Firm has the duty to act on behalf of the Client, and will not be acting on behalf of Seller. This duty requires that all information regarding this transaction given to the Firm by Seller be disclosed to Client. For example, if Seller discloses to Firm that Seller is compelled by outside circumstances to sell by a certain date, or that Seller is prepared to lower the price, the Firm would be required to disclose this information to Client. Seller is advised to keep this in mind when communicating with Firm. By signing this Agreement, Seller acknowledges that this Client agency relationship has been previously orally disclosed to Seller when Firm first discussed an appointment to show Property to Client. North Carolina Association of REALTORS, Inc. STANDARD FORM 150 Revised 7/2020 DO NOT SIGN THIS FORM UNTIL YOU HAVE RECEIVED AND READ THE “WORKING WITH REAL ESTATE AGENTS” BROCHURE Seller and Firm each acknowledge receipt of a signed copy of this document. THE NORTH CAROLINA ASSOCIATION OF REALTORS, INC. MAKES NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. SELLER: FIRM: Date: Seller: Date: Seller: By: Date: Entity Seller: (Name of LLC/Corporation/Partnership/Trust/etc.) By: Name: Title: Date: STANDARD FORM 150

BUYER AGENCY. Seller acknowledges that Firm is the agent representing Client with respect to the Property. As the agent of Client, the Firm has the duty to act on behalf of the Client, and will not be acting on behalf of Seller. This duty requires that all information regarding this transaction given to the Firm by Seller be disclosed to Client. For example, if Seller discloses to Firm that Seller is compelled by outside circumstances to sell by a certain date, or that Seller is prepared to lower the price, the Firm would be required to disclose this information to Client. Seller is advised to keep this in mind when communicating with Firm. By signing this Agreement, Seller acknowledges that this Client agency relationship has been previously orally disclosed to Seller when Firm first discussed an appointment to show Property to Client. North Carolina Association of REALTORS, Inc. STANDARD FORM 150 Revised 7/2020 7/2014 DO NOT SIGN THIS FORM UNTIL YOU HAVE RECEIVED AND READ THE “WORKING WITH REAL ESTATE AGENTS” BROCHURE Seller and Firm each acknowledge receipt of a signed copy of this document. THE NORTH CAROLINA ASSOCIATION OF REALTORS, INC. MAKES NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. SELLER: FIRM: Date: Seller: Date: Seller: By: Date: Entity Seller: (Name of LLC/Corporation/Partnership/Trust/etc.) By: Name: Title: Date: STANDARD FORM 150

BUYER AGENCY. Seller acknowledges that Firm is the agent representing Client with respect to the Property. As the agent of Client, the Firm has the duty to act on behalf of the Client, and will not be acting on behalf of Seller. This duty requires that all information regarding this transaction given to the Firm by Seller be disclosed to Client. For example, if Seller discloses to Firm that Seller is compelled by outside circumstances to sell by a certain date, or that Seller is prepared to lower the price, the Firm would be required to disclose this information to Client. Seller is advised to keep this in mind when communicating with Firm. By signing this Agreement, Seller Xxxxxx acknowledges that this Client agency relationship has been previously orally disclosed to Seller when Firm Xxxx first discussed an appointment to show Property to Client. North Carolina Association of REALTORSREALTORS®, Inc. STANDARD FORM 150 Revised 7/2020 DO NOT SIGN THIS FORM UNTIL YOU HAVE RECEIVED AND READ THE “WORKING WITH REAL ESTATE AGENTS” BROCHURE Seller and Firm each acknowledge receipt of a signed copy of this document. THE NORTH CAROLINA ASSOCIATION OF REALTORSREALTORS®, INC. MAKES NO REPRESENTATION AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. SELLER: FIRM: Date: Seller: Date: Seller: By: Date: Entity Seller: (Name of LLC/Corporation/Partnership/Trust/etc.) By: Name: Title: Date: STANDARD FORM 150