Common use of Buyer Duties Clause in Contracts

Buyer Duties. BUYER agrees to work exclusively with the BROKER during the term of this agreement. BUYER represents that BUYER is not subject to any earlier agency agreement with any other broker or any protected period. BUYER agrees to advise BROKER of any interest in the purchase of real property about which BUYER was previously advised by another person. BUYER agrees to provide BROKER with relevant personal and financial information and to cooperate with BROKER on all matters in a reasonable manner. BUYER agrees to provide the BROKER copies of their mortgage lender’s written pre- approval document and final mortgage commitment document upon receipt if financing is required. BUYER agrees to attend open houses without BROKER until BUYER has fully educated themselves to the current market conditions. BUYER agrees to disclose to all SELLER’S AGENT of BUYER’S existing agency relationship with BROKER prior to discussing real estate with SELLER'S AGENT. Once BUYER has identified a property or properties, they are considering making an Offer To Purchase Real Estate, BROKER will schedule showings for said properties and accompany BUYER to view properties. BUYER agrees to conduct all negotiations with the knowledge and assistance of BROKER. BUYER understands this agreement does not relieve BUYER of the duty to exercise due diligence for BUYER’S own protection, including the duty to investigate any information of importance to the BUYER.

Appears in 6 contracts

Samples: Exclusive Buyer Agency Agreement, Exclusive Buyer Agency Agreement, Exclusive Buyer Agency Agreement

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Buyer Duties. BUYER agrees to work exclusively with the BROKER during the term of this agreement. BUYER represents that BUYER is not subject to any earlier agency agreement with any other broker or any protected period. BUYER agrees to advise BROKER of any interest in the purchase of real property about which BUYER was previously advised by another person. BUYER agrees to provide BROKER with relevant personal and financial information and to cooperate with BROKER on all matters in a reasonable manner. BUYER agrees to provide the BROKER copies of their mortgage lender’s written pre- approval document and final mortgage commitment document upon receipt if financing is required. BUYER agrees to attend open houses without BROKER until BUYER has fully educated themselves to the current market conditions. BUYER agrees to disclose to all SELLER’S AGENT advise each listing broker at each open house of BUYER’S existing agency relationship with BROKER prior to discussing real estate with SELLER'S AGENTBROKER. Once BUYER has identified is ready, willing, and able to purchase, BROKER and BUYER will schedule showings based upon BUYER’S price range, neighborhood(s), and preferences. Showings will continue until BUYER identifies a property or properties, they are considering making properties that BUYER is interested in submitting an Offer To to Purchase Real Estate, BROKER will schedule showings for said properties and accompany BUYER to view properties. BUYER agrees to conduct all negotiations with the knowledge and assistance of BROKER. BUYER agrees to cooperate with BROKER by providing relevant personal and financial information and to cooperate in scheduling and attending showings. BUYER shall provide any lender’s letter of pre-approval or pre-qualification to BROKER within seven (7) days of receipt. BUYER understands that this agreement does not relieve BUYER of the duty to exercise due diligence for BUYER’S own protection, including the duty to investigate any information of importance to the BUYER. BUYER understands this agreement must be signed prior to initiating BUYER representation.

Appears in 1 contract

Samples: Exclusive Buyer Agency Agreement

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