My wife signed a buyer`s contract without understanding the terms of the contract. The contract lists both my wife and I, but I do not agree with the duration of the contract or the period of protection from 11g. I did not sign the contract and I made it clear to the agent that I would not sign. Is the contract valid since I did not sign as a listed party? Thxs This section is designed so that buyers do not use their agent to find them at home and to do all the work, then turn around and submit an offer to the seller/listing agent. It also covers situations where there is no offer of compensation (for Sale By Owner is the best example) – MLS is a direct offer of compensation between brokers, but if a property is not in MLS, it is not bound by these rules. In a broker-to-broker transaction, MLS is what creates the clearing offer between the two. If the listing broker does not pay, the buyer`s broker of recourse (what we call the cause of the supply) would collect from the list of brokers. Seeing any legitimate property is a very important part of the process of buying your alternate customers. If the assurance of many decisions does not put potential customers in the mood to sign the contract, then nothing else is likely to do so. Persistent opposition to the signature could also indicate a less serious buyer than this one.
I will include all of the following addendums in my buyer representation agreements. I change brokers and I have several buyer clients who have signed agreements on buyer representation. Can I take these buyers to my new broker? Mike – there is no specific language in the TAR tenant purchase/representative agreement allows a party to opt out of the agreement and paragraph 4 sets the duration of the agreement. However, some brokers contain additional language or use their own agreements, so the terms of what you have signed may differ from the written form. Talk to your agent and broker to get copies of the agreement and tell them about any obligations you may have. If you have more in-depth questions, you can consult a lawyer to verify the agreement and help with a roadmap of your obligations and obligations as well as those of the broker. 1. PARTY This is the simple part – it defines the parties (the agent and the buyer) and gives basic contact information for both. Hello, my wife – I sign a buyer contract, but are not fully satisfied, and are eager to terminate the contract. Looking at the agreement, I noticed that the “Term” section on the agreement was left empty.