DMS Properties, LLC ...
Residential Real Estate Services

3475 Leonardtown Road, Suite 205, Waldorf, MD 20601
Post Office Box 2051, Waldorf, MD 20604

Office/Fax: 301-744-0002
E-Mail:
info@dmspropertiesllc.com

DMS Properties, LLC ... Residential Real Estate Services

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The 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.

When you 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 "Understanding 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.

Until such 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 properties.

The best 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 ... Shouldn't You?

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:

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BUYER REPRESENTATION AGREEMENT
(Note: Under 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 … Residential Real 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 ______________________________ (address).

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 longer.

2.  INTRA-COMPANY 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 buyer’s 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 associate’s 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 laws.

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 parties.

(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 Us if 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.

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Equal Opportunity Housing Maryland Association of Realtors National Association of Realtors National Association of Residential Property Managers