I think what I will... I'll caveat that by saying, if you use a buyer broker, I think you should use only
an exclusive buyer broker.
The term of
your exclusive buyer broker contract is spelled out on page one in the first paragraph.
If the acquisition parameters limit the contract to property, say, in a certain county and you decide to buy in an adjacent county, you are not bound to the terms of
your exclusive buyer broker contract.
North40RE Realty, LLC v. Bishop (2 A.D. 3d 1184)- City Court's dismissal of broker's complaint reversed on appeal to County Court affirmed by Appellate Division; reversal is appropriate where there has been a deviation from substantive law which renders the determination clearly erroneous; broker entitled to commission under clear and unambiguous terms of
exclusive buyer broker agreement; buyer refused to allow broker any involvement in the purchase negotiations because seller refused to deal with brokers
Depending on the proposed complexity and client needs, I might write
my exclusive buyer broker contracts for 360 days.
Exclusive buyer broker contracts differ in language from state to state.
If you can not or will not agree to these stipulations, then you might not be ready to sign
an exclusive buyer broker contract.
Exclusive Buyer Brokers (EBA's).
That money could be yours if you find your agent on your own or use our free list of
Exclusive Buyer Brokers: List of
Exclusive Buyer Brokers.
I must admit, I wasn't aware that, that company is... That dual agents used designated buyer brokers as opposed to
exclusive buyer brokers will give incentive to the buyer brokers to sell properties that are being listed by that firm.
Not exact matches
While Alden Global Capital, DFM's owner, used UBS as its
exclusive banker in trying to sell the whole company two years ago, failing to do so as final negotiations hit a snag with Apollo Global Management, it's now put out the word to multiple newspaper
brokers: Bring us
buyers.
BTN provides
exclusive business and sourcing tools for industry
buyers and
brokers as well as an extensive selection of services for suppliers to drive brand awareness and expand distribution.
While BellTel Lofts» landmark status may be a draw for
buyers, sales have slowed in the building and its retail space remains empty, the project's
exclusive broker Ilan Bracha, chairman of the Bracha Group at Prudential Douglas Elliman, told The Real Deal today before the building's landmark designation event.
Exclusive Right - to - Sell Contract A listing contract in which the seller gives the real estate
broker the sole right to sell; the person receives a commission, regardless of who produces the
buyer.
The National Association of
Exclusive Buyer Agents (NAEBA) is a professional organization of real estate buyer agents and buyer brokers who only represent home bu
Buyer Agents (NAEBA) is a professional organization of real estate
buyer agents and buyer brokers who only represent home bu
buyer agents and
buyer brokers who only represent home bu
buyer brokers who only represent home
buyers.
«My husband and I worked with
Exclusive Buyer Agent Otto Iglesias at
Buyers Brokers Only to buy our first home in East Boston, and we absolutely loved him.
I hope that one of those people they interview is an
exclusive buyer agent at
Buyers Brokers Only.
We're talking with Rich Rosa this hour, who is a founder and member of
Buyers Brokers Only, LLC, which is an
exclusive home
buyer agent.
Rich Rosa, co-founder and co-owner of
Buyers Brokers Only, LLC, discussed a variety of home - buying topics, including using an
exclusive buyer agent, the Boston real estate market, the importance of a real estate lawyer, first - time home
buyer and other mortgage programs, for sale by owner (FSBO) properties and attending open houses without
buyer representation, with The Money Show host Rick Shaffer.
«
Buyers shouldn't assume that a well - presented home is a well - maintained one,» says Jon Boyd, GRI, a
broker - manager with Home
Buyers Agent in Ann Arbor, Mich., and president of the National Association of
Exclusive Buyer Agents.
Amplifying this obligation, Standard of Practice 16 - 13 requires that «All dealings concerning property exclusively listed or with
buyer / tenants who are subject to an
exclusive agreement shall be carried on with the client's representative or
broker, and not with the client, except with the consent of the client's representative or
broker or except where such dealings are initiated by the client.»
The court in mid-June reversed lower court rulings and said it's not misleading for a
broker to claim that only an
exclusive buyer's agent can give homebuyers full representation.
Still, Bill French, ABR ®,
broker - owner of William French
Buyers Real Estate Services Inc. in Chesterfield, Mo., remembers the bemused looks he used to get when he explained the business model —
exclusive buyer representation — behind the company he started in 1977.
In response to the second question in the December 2004 «Ethics» column (««
Exclusive» defined,» page 24), I believe that once the listing salesperson informed the
buyers with whom he was working of the other
buyers» offer and encouraged them to raise their offer, the salesperson was obligated to provide the same information to the cooperating
broker and his clients.
An Illinois Appellate Court has ruled that because a seller failed to refer a prospective
buyer to a
broker with an
exclusive listing agreement, the
broker is entitled to a commission on the sale to the prospect, even after the listing has expired.
Designated agents (also called appointed agents) are chosen by a managing
broker to act as an
exclusive agent of the seller or
buyer.
The only
brokers that could make this promise would be an
EXCLUSIVE BUYER AGENCY that doesn't take listings but only represents
buyers.
Standard of Practice 16 - 13 specifies this obligation: «All dealings concerning property exclusively listed or with
buyer / tenants who are subject to an
exclusive agreement shall be carried on with the client's agent or
broker, and not with the client, except with the consent of the client's agent or
broker or except where such dealings are initiated by the client.»
Should the REALTOR ® find that the
buyer is already subject to an
exclusive buyer agreement, the REALTOR ® must direct the
buyer back to his or her
exclusive broker unless the
buyer directs them otherwise.
It provides that «all dealings... with
buyer / tenants who are subject to an
exclusive agreement shall be carried on with the client's representative or
broker, and not with the client... except where such dealings are initiated by the client.»
The
exclusive agency listing agreement offered the
broker a commission for all
buyers it introduced to the property and who successfully purchased a condominium unit.
Under the present conditions it is next to impossible for a
broker to be an
EXCLUSIVE BUYERS AGENCY.
The
exclusive agency listing agreement offered the
broker a commission for all
buyers it introduced to the property and who...
John is a licensed Massachusetts real estate
broker, a member of the National Association of
Exclusive Buyers Agents, the Greater Boston Association of REALTORS, the Massachusetts Association of REALTORS and the National Association of REALTORS.
Rich is a licensed real estate
broker in Massachusetts and a member of the National Association of
Exclusive Buyer Agents.
Andrew is a licensed real estate
broker in Massachusetts, is a member of the National Association of
Exclusive Buyer Agents, Greater Boston Real Estate Board, Massachusetts Association of REALTORS ® and the National Association of REALTORS ®.
John, a licensed Massachusetts real estate
broker, is a member of the National Association of
Exclusive Buyer Agents, the Greater Boston Real Estate Board, the Massachusetts Association of REALTORS and the National Association of REALTORS.
Attorney Richard J. Rosa is the co-founder and co-owner of
Buyers Brokers Only, LLC, an
exclusive buyer agent real estate firm with offices throughout the Greater Boston area.
Attorney David S. Kres is the co-founder and co-owner of
Buyers Brokers Only, LLC, an
exclusive buyer agent real estate firm with offices located in Eastern Massachusetts and Southern New Hampshire.
Exclusive representation gives the
broker / agent the ability to negotiate with unrepresented sellers (such as for sale by owners) on the
buyer's behalf.
Chris is a licensed real estate
broker in Massachusetts and a member of the National Association of
Exclusive Buyer Agents.
Heather, a licensed real estate
broker in Massachusetts, is a member of the National Association of
Exclusive Buyer Agents and the Massachusetts Association of
Buyer Agents.
American Corporate Real Estate v. Lifetime Hoan Corp. (233 A.D. 2d 413)-
broker not entitled to commission where building ultimately purchased by
buyer was not available for purchase when
broker introduced
buyer to building; under facts of the case,
broker's allegation of oral
exclusive broker's agreement is insufficient to warrant denial of
buyer's motion for summary judgment.
Pantigo Realty, Inc. v. Estate of Steven Schrenko (249 A.D. 2d 525)- summary judgment dismissing
broker's complaint for commission affirmed where brokerage agreement specified that it was not an «
exclusive right to sell,» that the
broker was not entitled to a commission until title to the property was transferred to a
buyer procured by the
broker and, further, that the seller has a right to sell without the involvement of the
broker without liability for commission; title never transferred to the proposed
buyer procured by the
broker.
Renee Despins Realty, Inc. v. Roberts (1 A.D. 3d 211)-
broker's
exclusive brokerage agreement with owner provided for commission for the sale of a condominium upon closing of title or a willful failure to close; brokerage agreement excepted named
buyer from
exclusive agreement; named
buyer purchased the property during the term of the
exclusive; dismissal of
broker's complaint unanimously affirmed where brokerage agreement expressly excepted the purchasers from its operation
Balfour v. Passarelli (245 A.D. 2d 720)-- during period of
exclusive right to sell listing agreement with owner of building lots,
broker procured memoranda agreement from three
buyers wherein the
buyers and owner agreed to execute a construction contract at a later date beyond the expiration of the listing agreement; upon
buyers» fulfillment of their obligations to enter into subsequent construction contracts,
broker was entitled to her commissions.
In addition to being
exclusive buyer agents, every one of the real estate
brokers at Buyers Brokers Only, LLC also is a licensed attorney, adding a level of professionalism that our clients appreciate and rave
brokers at
Buyers Brokers Only, LLC also is a licensed attorney, adding a level of professionalism that our clients appreciate and rave
Brokers Only, LLC also is a licensed attorney, adding a level of professionalism that our clients appreciate and rave about.
to appeal den., 95 N.Y. 2d 755)-
broker entitled to commission where
broker entered into an
exclusive right to sell agreement with seller that provided for a two month protection period where
broker would be entitled to a commission if it showed the house to the prospective
buyers who signed a contract of sale within the two month period; undisputed that sellers entered into a contract of sale within the protection period and
broker establishes that it showed the house during the term of the listing by affidavits from two of its agents which were confirmed by records maintained by the listing
broker showing that those two agents had signed out the key to the house on the dates in question
Curtis Properties Corp. v. Greif Companies (236 A.D. 2d 237)- cause of action in quantum merit reinstated (see, Curtis Properties Corp. v. Grief Companies [212 A.D. 2d 259]-RRB-;
broker engaged as
exclusive buyer's agent;
broker may proceed both on breach of contract and quasi-contract theories where there is a bona fide dispute as to the existence of a contract or the contract does not cover the dispute in issue; quantum meruit recovery is proper where the defendant wrongfully has prevented the plaintiff's performance of a written agreement;
broker negotiated lease terms for principal with a third party which principal used to negotiate their own lease terms with their current landlord.
Century 21 A.L.P. Realty v. Doller (170 A.D. 2d 940)
exclusive agency listing, verdict for
broker upheld where sufficient evidence that another
broker procured the
buyer for the premises.