Brokerage Agreements

Brokerage Agreements
by Treci Cauthen, Metro Brokers/GMAC Real Estate
Atlanta Georgia Real Estate



Georgia Law requires that a written Exclusive Buyer Brokerage Agreement is necessary in order for a Broker to represent a buyer as a client.  This enables the Broker to fully serve the buyer offering opinions, advice and expertise which means that the buyer can be fully protected in the transaction.

Without a Buyer Brokerage Agreement the buyer is considered a customer and the Agent can only offer factual information throughout the home buying process and can not assist in the writing of any special stipulations that are attached to an offer.  The buyer usually does not pay for the service of a Real Estate Agent.  Most of the time the agents commissions are paid by the seller at closing.

Buyer Brokerage Agreements are recommended but not required but on the other hand a seller listing their home with an agent must sign an Exclusive Seller Listing Agreement.