CasavriaBuyer representation agreements for agents
A buyer representation agreement is a contract between a buyer and a brokerage that defines the relationship, services and how you are paid. Since the NAR settlement practice changes took effect in August 2024, written agreements are generally expected before touring homes with a buyer. Rules vary by state and brokerage, so check yours.
What to explain to buyers
- What you will do for them and what they can expect.
- How you are compensated and who pays.
- How long the agreement lasts and how it can end.
- What happens if they buy a home you did not show them.
Practical habits
- Have the conversation before the first showing, not after they love a house.
- Use your brokerage’s approved form.
- Choose a term that fits the market and the relationship, and be ready to explain it.
- Note when it was sent and when it was signed.
Track terms and expirations
An agreement that quietly expires mid-search can leave your commission unprotected. Casavria shows each active buyer’s status (not yet, sent, signed), the end date, and warns you on Today before it expires. See the buyer agreement tracker.
Disclaimer
This is general information, not legal advice. Consult your broker or attorney about requirements in your state.
Questions
Do buyers have to sign before touring?
Many brokerages and states now require a written agreement before touring a home with a buyer. Confirm your local rules with your broker.
General information only, not legal, tax or financial advice.