REQUIRED EXCLUSIVE BUYER AGENCY DISCLOSURE

 

Buyer’s Agents must comply with the Tennessee Real Estate Commission’s Policy for an additional Disclosure. It is important that an Exclusive Buyer’s Agent makes certain that their Buyer Client understands the Exclusive Buyer Agency Agreement before they sign the Agreement. This Disclosure must be given in writing and signed by the Buyer prior to signing a Buyer Agency Agreement.  

 

Dear Buyer,

 

Thanks for choosing our firm as your Exclusive Buyers Agency. The Tennessee Real Estate Commission requires that you be given the following information in writing about what "Exclusive Buyers Agency" means in Tennessee in addition to our written Agency Disclosure and prior to your signing our Exclusive Buyer Agency Agreement.

 

  1. Buyers should not contact Listing Agents directly to make appointments  

      to view property without their Buyers Agent during the effective period of

      the Agreement.

 

  1. In the event that the Buyer comes into contact with a Seller's Agent(s) for

           example, at an open house viewing. Buyer shall immediately inform the

           Seller's Agent(s) that he/she is represented by a Buyer’s Agent.

 

  1. If Buyer buys property through another real estate agent, a Seller's Agent or directly from an owner, Buyer still owes a commission to the Buyer’s Agent.

 

 

 

_______________________________________      _____________________

          Buyer’s Signature                                                            Date

 

 

_______________________________________      _____________________

          Buyer(s) Signature                                                          Date

 

 

 

_______________________________________      _____________________

Agent’s Signature                                                            Date