NON-EXCLUSIVE TRANSACTION BROKER AGREEMENT
(This is a legally binding contract. If you do not understand it, seek legal advice.)
THIS IS A NON-AGENCY AGREEMENT
As a transaction broker, Broker will assist Buyer under the following terms:
1. Buyer authorizes Broker to be compensated by commission paid by Seller.
2. A. Buyer agrees that Broker is not an agent of the Buyer and the Broker is not acting in a fiduciary capacity.
B. Buyer agrees that Broker is not an advocate for the interests of any parties to this agreement.
C. Buyer and Broker agree that Broker will assist Buyer as a transaction broker as outlined in the Real Estate Relationships Disclosure
Form and the Real Estate Consumer Guide.
3. Buyer acknowledges and consents that Broker may represent and/or assist other buyers who may have an interest in presenting
purchase agreements on any given property for sale by a seller.
4. Description of property desired:
A. Type of property: _______________________________________________________________________
B. General location:________________________________________________________________________
C. Price range:____________________________________________________________________________
5. This agreement shall begin ______________________________________, ___________a.m./p.m., and shall continue until the earlier of
_______________________________________, _____________a.m./p.m., or completion of the acquisition of the property.
However, if a purchase agreement is entered into by Buyers during the term of this agreement, the termination thereof shall extend to
and include the date of closing under said purchase agreement as to the purchased property only.
Receipt of a copy of this contract by the buyer has been acknowledged.
Buyer:___________________________________________Date_______________
Buyer:___________________________________________Date_______________
Address:__________________________________________________________________________________________
City State Zip
Licensee:_____________________________________________ Date:_____________________________
Broker:_______________________________________________ Date:_____________________________
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THIS AGREEMENT IS EXTENDED TO:_____________________________________________________
Receipt of a copy of this contract by the buyer is acknowledged.
Buyer:________________________________________________ Date:_______________________________
Buyer:________________________________________________ Date:_______________________________
Broker:____________________________________ by Licensee:_____________________________Date:________________
SDREC/TRANS/NONEXBUY/7-99 Page 1 of 1
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