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Real estate glossaryGeorgia-specific rule

Buyer brokerage agreement

A buyer brokerage agreement is a written brokerage engagement authorizing a broker to represent a buyer in locating, evaluating, negotiating for, or acquiring property under stated terms.

Exam area: Agency

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What does “buyer brokerage agreement” mean in real estate?

A buyer brokerage agreement is a written brokerage engagement authorizing a broker to represent a buyer in locating, evaluating, negotiating for, or acquiring property under stated terms.

How is “buyer brokerage agreement” different from the closest wrong answer?

The agreement creates the buyer-client relationship with the broker. It is separate from the purchase offer made to a seller.

What is the Georgia-specific rule?

Under BRRETA, the writing defines the representation, duration, duties, compensation arrangement, and other required terms. Without an engagement, the buyer is a customer rather than a client of that broker.

Worked exam example

Scenario

A buyer signs a six-month exclusive engagement before the agent advises on offer strategy and negotiates as the buyer's representative.

What is the most common exam trap?

Trap correction

Showing property or sending listings does not by itself prove the buyer signed a brokerage engagement.

Original exam check

Apply the definition

An agent has sent a buyer listings for a month and shown six homes, but nothing has been signed. The buyer now wants the agent to advise on offer strategy as the buyer's representative. In Georgia, what should happen first?

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