Parties
Identify the buyer(s) and the broker or brokerage by full legal name and license number; include mailing and email addresses to ensure proper notice delivery and legal clarity.
A written BA Agreement clarifies obligations, avoids misunderstandings about commission and exclusivity, and documents consent for negotiations. It provides evidence of agency that supports enforceability under state contract law and helps manage disclosure duties required by state real estate statutes and brokerage rules.
Typical participants include individual buyers, buyer teams, and licensed brokerages that will represent buyer interests throughout a transaction.
The agreement also affects listing brokers, lenders, and closing agents who rely on documented agency status to coordinate offers and payments.
Identify the buyer(s) and the broker or brokerage by full legal name and license number; include mailing and email addresses to ensure proper notice delivery and legal clarity.
Describe the services to be provided (property search, showings, negotiations, closing coordination) and any excluded activities, so expectations are aligned and outside services are excluded from the agent’s responsibilities.
Specify the start and end dates, automatic renewal (if any), and conditions for earlier termination to avoid unintended exclusivity beyond the buyer’s intended timeframe.
State the commission amount or formula, payment source (listing broker or buyer), and whether the buyer is responsible if the listing broker pays nothing; define when commission is earned.
Clarify negotiation authority, whether the agent can submit offers on behalf of the buyer, and any escrow or earnest money instructions to prevent unauthorized commitments.
Include required state-specific agency disclosure language, conflict-of-interest notices, and any consent to dual agency where permitted by state law.
An individual buyer signs to grant agency. If the buyer is an LLC or trust, an authorized officer or trustee must sign and include capacity and documentation, such as an organizational resolution or trust certificate, to show authority to bind the entity.
A licensed real estate agent signs on behalf of the sponsoring broker; include the broker’s business name and license number. The supervising broker may also sign to accept legal responsibility under state licensing regulations.
| Field | Configuration |
|---|---|
| Template name | Use descriptive titles (e.g., Buyer Agency Agreement) |
| Required fields | Mark buyer, broker, dates, compensation as mandatory |
| Signature order | Configure buyer signature before broker signature |
| Authentication | Choose email or SMS code signer verification |
Choose a platform that supports standard document formats, secure storage, and appropriate signer authentication.
Date when agency relationship automatically ends unless renewed
Number of days required to end agreement early
Timeframe for buyer to review or rescind an offer
When the buyer may engage other brokers freely
Events that start post-termination retention clocks
A regional brokerage shifted to online BA Agreements to speed execution and recordkeeping.
A small investor group standardized buyer representation agreements across agents.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |