Buyer Agency Agreement
A buyer agency agreement is a contract in which a prospective purchaser engages a licensed agent to locate and negotiate property acquisitions on the buyer's behalf. Use this when a residential buyer formally retains a broker to represent their interests in a purchase. It defines search area, term, and how the agent gets paid at closing.
What's included
A ready-to-use buyer agency agreement covering buyer and brokerage identification, exclusive or non-exclusive representation, geographic area and property type, with signature fields already placed for Buyer and Agent. Fill in the bracketed details (like [Company Name] or [Date]) using Docracy's built-in text editor, then send it out for signature.
This is a general template for informational purposes only and does not constitute legal advice. Consult a qualified attorney to review it for your specific situation and jurisdiction before use.
Key clauses
- Buyer and brokerage identification
- Exclusive or non-exclusive representation
- Geographic area and property type
- Agreement term and termination
- Compensation source (seller commission or buyer fee)
- Dual agency and confidentiality duties
What you'll fill in
[Buyer Name(s)][Broker/Agent Name][Brokerage Firm][Search Area/Property Type][Agreement Term][Commission Terms][Effective Date]Legal summary
The agent owes fiduciary or statutory duties to the buyer while the agreement is active; buyers may owe fees if they purchase without agent involvement during the term, depending on language.
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.
FAQ
Is this Buyer Agency Agreement legally binding?
Signing through Docracy uses a simple electronic signature (SES), which is legally recognized for everyday business agreements under laws like the U.S. ESIGN Act and the EU's eIDAS regulation. This is a general template, not legal advice — for high-stakes or regulated agreements, have a qualified attorney review it for your situation.
Who needs to sign this Buyer Agency Agreement?
This template includes signature fields for Buyer and Agent — already placed — plus 7 placeholder fields to fill in before you send it.
Can I edit this Buyer Agency Agreement before sending it?
Yes — Docracy's editor lets you edit the text, add or remove signature fields, redact sections, and reorder pages before you send it.
Do I need an account to send this Buyer Agency Agreement?
No — it's free for up to 2 signers with no account required. Create a free account only if you want to save it to a dashboard or reuse it later.
Try it with an AI assistant
Paste one of these into ChatGPT, Claude, or your assistant of choice:
“Fill for exclusive buyer representation for 6 months in one county.”
“Explain compensation if the seller offers less than expected commission.”
“Add clause allowing buyer to terminate with 14-day notice.”
Why teams start with Docracy
“Docracy is a great product that I have tested and am using. It is easy to use, has good tools, is always up to date, and implements new features. Highly recommended.”— DACH Advisory
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.