Scope of Services
Describe search parameters, property types, market areas, showing arrangements, negotiation assistance, and due-diligence support to set clear expectations.
The agreement creates clear legal rights and duties, reduces misunderstandings, protects the buyer, and documents commission arrangements and exclusivity so both parties understand compensation and representation responsibilities.
Common users include licensed buyer agents, brokerages, homebuyers, and transaction coordinators who formalize representation and fees before property hunts begin.
The agreement suits first-time buyers, investors, relocated employees, and anyone who wants a documented agency relationship and defined commission terms.
A single individual or entity purchasing real property. The buyer must provide accurate legal name, contact information, proof of funds or pre-approval, and sign to accept the agent relationship and any exclusivity or compensation clauses.
A licensed real estate agent or brokerage authorized to represent the buyer. The agent signs to confirm duties, scope, term, and compensation, and typically provides required agency disclosures under state law.
Describe search parameters, property types, market areas, showing arrangements, negotiation assistance, and due-diligence support to set clear expectations.
State commission percentage, flat fee, or referral arrangement and when payment is due (closing, escrow), plus whether other offers affect the fee.
Specify effective and expiration dates and whether the agreement grants exclusive representation or allows the buyer to work with other agents.
Include standard duties such as loyalty, confidentiality, disclosure of material facts, and the agent's duty to present all offers.
Define how client information is handled, exceptions for legal disclosures, and data-sharing consent for MLS and third-party services.
Disclose dual agency possibilities, referral relationships, and any compensation splits with cooperating brokers.
| Field | Configuration |
|---|---|
| Signer Order | Buyer then agent; allow parallel signers if multiple buyers exist |
| Authentication Method | Email link by default; SMS code or KBA for higher assurance |
| Notifications | Enable email reminders and status updates to all parties |
| Storage Location | Save final PDF with audit trail to brokerage repository |
Ensure the chosen e-sign platform supports required export formats, secure storage, and integrations to match brokerage systems.
Keep copies in a secured repository with version control, maintain an audit trail (IP, timestamp, actions), and confirm BAA or other addenda where regulated data is present.
| 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 region | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
Tim Martin adopted online execution to eliminate in-person signing delays and handle mobile clients.
Optica Ventures uses digital workflows to onboard investor-clients and document buyer representation.