Wednesday, May 6, 2009

How long does a buyer agency agreement last?

For as long or a short as you want it to last. There is no set timeframe for a buyer agency agreement. The length is completely customizable. It can even be written to apply to a specific property.

We've found many buyers like the idea of a single property buyer agency agreement. It offers two nice advantages.

First, it allows the buyer to have full representation during the negotiation and offer process. Second, it gives the buyer and the buyer agent some time to work with each other before they commit to a longer time period. Sometimes the buyer and buyer agent click; sometimes they don't. Taking a baby step with the buyer agency contract is a good way to find out.

Have a good night,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com

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