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.