Properties, LLC ...
Real Estate Services
Leonardtown Road, Suite 205, Waldorf, MD
Post Office Box 2051, Waldorf, MD 20604
Buyer Representation Agreement ...
How We Can Work For YOU!!
At DMS Properties, LLC ... Residential
Real Estate Services, we use an Exclusive
Right to Represent Buyer Agreememt.
begin the search for a property (whether you are looking
to buy or rent) and don't have the signed buyer
representation agreement, our agents technically are
still an agent of the seller (owner) of the property and
can only discuss certain things about the property with
you. The "Agency" relationships between buyers
and real estate agents and the sellers of properties in
Maryland is very complicated and best explained in the
Who Real Estate Agents Represent" dislosure form. For us to
completely represent you as a buyer's (tenant's) agent,
it is really important to have a buyer-representation
agreement in place BEFORE we begin to write an offer for
the property, so that we can adequately serve your needs
as the buyer.
time as we have the signed Agreement, we will treat you
as a Customer, and there are limits to what we can do for
you and what we can tell you about any properties that we
visit. Specifically, we cannot provide you with detailed
information provided by the sellers of individual
way for us to handle this is to go over the agreements,
along with the agency disclosures at our first meeting
prior to going out to look at properties.
Remember that if someone has their
property listed in the MLS for sale through a Realtor,
they have an agent representing their interests ...
You can download and
print the Exclusive
Right to Represent Buyer Agreement. Agreement. When we meet to
discuss the purchase of your new home, we will discuss
this form in detail so that we can become your Buyer's
Agent and give you all of the benefits of full
Buyer Representation. This will put you on equal terms
with the sellers of most properties, unless they are
trying to sell their property on their own. You can
review the agreement below:
BUYER REPRESENTATION AGREEMENT
Maryland Law, a sales associate cannot present an
offer for a client without a signed Brokerage Agreement)
This Agreement is made on
between _______________________________ (Buyer)
and DMS Properties, LLC
Estate Services (Broker). In
consideration of services and facilities, the Broker
is granted the right to represent the Buyer in the
acquisition of real property located at
1. TERM. This
Agreement is for a time period of 24 hours or for the
period of time necessary to facilitate the
presentation and/or negotiation of an Offer to
Purchase on the above real property, whichever is
AGENT REPRESENTATION. When the Buyer and Seller
are each represented by sales associates of the
Broker, the Broker is a dual agent. Dual agency is
permitted only when disclosed and with the knowledge
and written consent of both parties. The sales
associate assigned by the Broker as an intra-company
agent may continue to provide the same services that
a buyers agent can provide on a property listed
with another broker.
3. MINISTERIAL ACTS. The
Broker and sales associates of Broker may perform
ministerial acts, which are acts that assist another
person to complete or fulfill a sale or lease with
the client of the Broker and sales associate and
which do not involve discretion or exercise of Broker
and sales associates own judgment.
4. COMPENSATION. Compensation
to Broker shall be the amount offered by Seller or
listing broker to Broker.
5. CANCELLATION. Either
party may cancel this Agreement at any time.
6. DISCLAIMER. The
Buyer acknowledges that the Broker is being retained
solely as a real estate agent and is not an attorney,
tax advisor, lender, appraiser, structural engineer,
home inspector of other professional service
provider. The Buyer is advised to seek
professional advise concerning the condition of the
property or concerning legal or tax matters.
7. EQUAL OPPORTUNITY. Properties
shall be shown and made available to the Buyer
without regard to race, color, religion, sex,
handicap, familial status, or national origin as well
as all classes protected by federal, state and local
8. MISCELLANEOUS. This
Agreement, any exhibits and any addenda signed by the
parties constitute the entire agreement between the
parties and supersede any other written or oral
agreements between the parties. This Agreement
can only be modified by written agreement of the
(Note: The Buyer should
consult with the sales associate representing Buyer
before visiting any resale or new homes or contacting any
other REALTOR representing Sellers, to avoid the
possibility of confusion over the agency relationship,
procuring cause and compensation.)
You will need to sign
the agreement and provide your mailing address and
telephone numbers. It would also be helpful to provide an
e-mail address because we will be doing quite a bit of
communicating through e-mail.
Feel free to Contact
you are interested in purchasing property in Maryland,
especially in the Counties
where we specialize. One of our agentsI will be happy to
discuss the particulars of this agreement and all other
aspects of your real estate purchase with you.