Buyer Brokerage Agreement
Parties and date
This Buyer Brokerage Agreement (“Agreement”) is entered into on [date] by and between [brokerage firm legal name] (“Broker”), license no. [firm license number], acting through [agent name], license no. [agent license number], and [buyer full legal name(s)] (“Buyer”).
Oregon requires the licensee’s license number and the name and telephone number of a supervising principal broker: [supervising principal broker name], tel. [phone]. Source: Or. HB 4058 (eff. 2025-01-01), verified 2026-09-25.Term
This Agreement begins on and ends on .
Any renewal of this Agreement must be written, signed by all parties, and limited to 90 days or fewer. Source: Cal. Civ. Code §1670.50(d), verified 2026-09-25.
This Agreement terminates on the end date above. A termination date is a required element. Source: Tex. Occ. Code §1101.563, verified 2026-09-25.
This is a limited showing agreement. It is non-exclusive and cannot exceed 14 days. Source: Tex. Occ. Code §1101.562, verified 2026-09-25.
Buyer acknowledges the term of this Agreement complies with RCW 18.86.020 (a term shorter than 60 days is not permitted when the broker represents the buyer). Source: RCW 18.86.020 (SB 5191, eff. 2024-01-01), verified 2026-09-25.
Brokerage services
During the term, Broker will: (a) help Buyer identify properties matching Buyer’s stated needs; (b) arrange and conduct showings; (c) prepare and present offers and counteroffers; (d) negotiate terms on Buyer’s behalf; and (e) coordinate the transaction through closing.
Buyer’s general search criteria: price range $[min] to $[max]; areas: [cities, counties or neighborhoods]. Buyer’s agent owes the legal obligations described in ORS 696.810, as covered in the initial agency disclosure pamphlet delivered under ORS 696.820. Search criteria, the ORS 696.810 description and the agency pamphlet are required content. Source: Or. HB 4058; ORS 696.820, verified 2026-09-25.
Exclusivity
This Agreement is .
Whether the agreement is exclusive or non-exclusive is a required element in Texas (Occ. Code §1101.563), Oregon (HB 4058) and Washington (RCW 18.86.020, where the buyer chooses), and the parties’ choice is stated here. Verified 2026-09-25.
This Agreement is non-exclusive by law. Source: Tex. Occ. Code §1101.562, verified 2026-09-25.
Representation
Broker represents Buyer as Buyer’s agent under this Agreement.
A statement of whether the license holder represents the buyer is a required element. Source: Tex. Occ. Code §1101.563, verified 2026-09-25.No representation
License holder does not represent Buyer. This Agreement only authorizes License holder to show residential real property to Buyer; it does not create an agency relationship or fiduciary duties.
Showing without representation under Tex. Occ. Code §1101.562, verified 2026-09-25.Limited dual agency consent
Buyer consent to Broker and the supervising broker acting as limited dual agents in the sale of a property listed by Buyer Broker. Buyer’s initials:
Buyer consent to the designated broker and any managing broker supervising both sides acting as limited dual agents where different brokers affiliated with the same firm represent different parties. Buyer’s initials:
Both consents, initialed by the represented party, are required elements. Source: RCW 18.86.020, verified 2026-09-25.Compensation
Buyer agrees that Broker’s compensation for the services described will be [amount or rate, e.g. 2.5%] of the , determined as follows: [how the amount or rate is determined], payable at [e.g. closing of escrow], by .
Broker show Buyer properties when there is no agreement or offer by a third party to pay Broker’s compensation. Buyer consents to compensation sharing between firms and parties and to Broker being compensated by more than one party. Required elements. Source: RCW 18.86.020, verified 2026-09-25.
Paraphrase — Tex. Occ. Code §1101.563 requires a conspicuous statement that broker compensation is negotiable and not set by law (statutory wording not verified verbatim). Verified 2026-09-25.
Paraphrase — NAR MLS Policy Statement 8.13 (private rule, reformulated). Verified 2026-09-25.
Termination
Either party may terminate this Agreement before the end of the term as stated here: [e.g. either party may terminate at any time with written notice].
Termination rights provisions for both buyer and licensee are required content. Source: Or. HB 4058, verified 2026-09-25.Signatures
The parties acknowledge that this Agreement contains the compensation, services, due date and termination date required by Civ. Code §1670.50, and that the statutory compensation notice appears above in bold, immediately before the compensation provision, as required by Bus. & Prof. Code §10147.5.
Buyer — signature / date Buyer — signature / date
Broker (for [brokerage firm name]) — signature / date Agent — signature / date