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Understanding the Buyer Representation Agreement
What it is
A Buyer Representation Agreement (BRA) is a straightforward document that authorizes Williams Elite Realty to represent you in a home purchase. It clarifies our duties to you, how we advocate on your behalf, and how compensation is handled—everything in writing, up front.
Why it’s required now
Under new NAR policy, buyers must sign a Buyer Representation Agreement before we are permitted to schedule any in-person showings. We’ll discuss the agreement with you, answer questions, and make sure you’re comfortable before you sign.
Scope (Where it applies)
- Can cover a single area, multiple counties, or the entire state of Kentucky.
- We tailor the scope to where you’re actively shopping.
Term (How long it lasts)
- Options include single-showing, short-term, or longer coverage while you search.
- We’ll set dates that match your timeline.
Compensation (When fees are owed)
- No commission or fee is owed unless you close on a property you viewed (unless you and your agent agree to different terms—any such terms will be written in the agreement).
- If a seller contributes toward buyer-broker compensation, that can offset or fully satisfy your obligation at closing.
Take a quick look at this sample agreement. The version you sign may vary by brokerage. To keep everything clear and compliant, we’ll need your signature before showings—either e-sign ahead of time or sign in person at the first appointment.
Disclaimer: The information provided here is for general information only and is not legal advice. Always consult a licensed attorney with questions about entering into a legal contract.
Buyer Representation FAQs
Why do I have to sign before touring homes?
Can I limit it to one area—or even one showing?
Do I owe a fee if I don’t buy?
Who pays the buyer-broker compensation?
Can we review the agreement before I sign?
Buyer Representation Agreement (Sample)
2025 Buyers Representation Agreement Bluegrass REALTORS by Williams Elite Realty
