Brokerage Agreement Realtor

During an initial meeting with a licensee on the prospect of a future relationship, a disclosure form will be presented to all buyers and sellers of real estate, detailing the different forms of relationships they can obtain for intermediation. One of the options described in this publication is a customer relationship. Brokerage contracts establish specific scenarios in which the contract can be terminated, although it is also possible to add conditions under which the contract can be terminated if both parties agree. A consumer may want to include clauses to cover unique circumstances that would affect their ability to buy a home, for example. B a clause that states that the contract terminates when the buyer suffers a serious illness or unexpected financial loss.