BUYER AGENCY CONFLICTS OF INTEREST DISCLOSURE

 

When a Buyer’s Agent represents several Buyer Clients and two or more of his/her Buyer Clients are interested in the same property and wish to make an offer on the same property, the Buyer’s Agent must specify in writing ( either in his/her Buyer Agency Agreement or by separate disclosure) how he/she plans to handle the Buyer Client  “CONFLICT OF INTEREST”.   Here is an Example:

 

"Agent will not reveal any confidential information from one Buyer Client to another without client’s written authorization.”

 

”In the event Agent is showing or presenting  offers for another Buyer Client  on the same property being considered by  this Buyer Client.”

 

“Agent will not reveal the terms of any offers on the same property of one Buyer Client to another Buyer Client without Buyer Client’s written authorization.