Outstanding clause for Buyer’s agents.

One of the most crucial aspects of a Buyer-Broker/Client relationship is just that – the relationship. The trust that each must have for each other. BloodhoundBlog has an excellent post detailing one of the potentially thornier aspects of this relationship and a way by which to establish a level of trust from the start – provide an out.

… here is language we routinely use on our Buyer Broker Agreements:

This agreement will be terminated without recourse upon written notice by either party.
“Either party” means I get to fire them if I want to, too …

Not bad. Not bad at all.
*BloodhoundBlog is fast becoming must-read for me – learning from others is one of the best ways to better oneself.

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About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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