Buyer agent definition

Buyer agent means a broker or salesperson who, pursuant to a written buyer broker agreement,

Buyer agent means a broker or salesperson who, pursuant to a written buyer broker agreement, is acting as the agent of the buyer in a real estate transaction and includes a buyer subagent and an in-house buyer agent designate.

Buyer agent shall have the meaning set forth in Section 1.1.1.

Examples of Buyer agent in a sentence

• If for any reason Closing does not occur, including, but not limited to, the default of any party hereto, no commission will be due or paid to any Buyer- Agent and Seller and Auctioneer/Broker will have no liability on any basis and for any amount.

• If for any reason Closing does not occur, including, but not limited to, the default of any party hereto, no commission will be due or paid to any Buyer Agent and Seller and Auctioneer/Broker will have no liability on any basis and for any amount.

• The checkboxes on the left side of the Business Relationship Block under the Broker contact information allow you to indicate whether the Broker represents only one party (Buyer Agent or Seller Agent) or both the Seller and the Buyer (Dual Agent).

• A properly licensed broker or agent (“Buyer Agent”) who timely registers and qualifies with Auctioneer/Broker in accordance with the terms of Buyer Agent Registration Form will be paid a commission by Seller at Closing, in accordance with the terms of this form, provided that both Buyer Agent and the Buyer that Buyer Agent represents fulfill all requirements under the Terms of Auction, this Sale Contract, and this registration form.

• Note: The documents must be delivered directly to the Buyer, not to the Buyer Agent for the clock to start for the review period.

More Definitions of Buyer agent

Buyer agent means any real estate agent who is employed by and/or works for the Broker;

Buyer agent is obligated to the Seller to:

Buyer agent is responsible for payment to all vendors supplying marketing services which have been approved and paid in advance by “Client.” * In the event that the Vendor’s Rates are NET, “Buyer Agent” will add 15% to Vendor Item(s) (Initial) Standard Agency fee – 15% and Standard “Xxxx-Up” equivalent = 0.1765 This authorization will remain in effect until 90 days after receipt of written cancellation notification from “Client” to “Buyer Agent”. This is a legally binding contract according to the laws of the State of New Mexico. Client Signature: Date: Business Name: Phone: ( ) - Address: City: State: Zip: email:

Buyer agent is obligated to the Buyer to: • Act solely in the best interest of the buyer, except that a buyer agent, after written disclosure to the buyer and with the buyer’s written consent, may represent multiple buyers interested in buying the same property or similar properties to the property in which the buyer is interested or show properties in which the buyer is interested to other prospective buyers without breaching any obligation of the buyer; • obey promptly and efficiently all lawful instructions of the buyer; • disclose all relevant and material information that concerns the real estate transaction and that is known to the buyer agent and not known or discoverable by the buyer, unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the buyer agent with a buyer or seller; • safeguard the buyer’s confidences; • exercise reasonable care, skill, and diligence in pursuing the buyer’s objectives and in complying with the terms established in the Buyer/Broker agreement; • fully account to the buyer for any funds or property of the buyer that comes into the buyer agent’s possession; and comply with all applicable federal and state laws, rules, and regulations. A “Buyer Agent” is obligated to the Seller to: • disclose any adverse material facts that are known to the buyer agent and that concern the ability of the buyer to perform on any purchase offer; • disclose to a seller or the seller agent when the buyer agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the buyer; • act in good faith with a seller and a seller agent; and • comply with all applicable federal and state laws, rules, and regulations. A “Statutory Broker” is not the agent of the buyer or seller, but nevertheless is obligated to them to: • disclose to:

Buyer agent is not liable for debts approved and authorized by “Client” to any and/or all media companies, producers and/or other companies and/or individuals related to any advertising and/or marketing.

Buyer agent means Bank of America, N.A.

Buyer agent means each Person acting as an agent on behalf of a Buyer Group and designated as a Buyer Agent for such Buyer Group on the signature pages to this Agreement or any other Person who becomes a party to this Agreement as a Buyer Agent pursuant to an assignment agreement.