A Buyer Representation Agreement is a formal contract between a home buyer and a real estate brokerage, outlining services and obligations. It ensures the buyer is represented by the agent, clarifies expectations, streamlines communication, and protects the buyer’s rights. Benefits include becoming a client rather than just a customer, clear expectations, streamlined service, and payment guarantees for agents. There are three types of agreements: non-exclusive not-for-compensation, non-exclusive right-to-represent, and exclusive right-to-represent. Key terms include realtor, buyer, compensation, exclusivity, and termination. It’s important to review the agreement carefully to protect both parties’ rights and establish a strong connection with the agent.

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