3. Complete the broker-owner registration contract (TAR 2401) and select the check box in the broker`s overview section, which indicates that you only represent the potential customer. Have the seller sign this document. I was the listing agent for a property that was not sold, but when my contract expired, was listed by another broker. I have a client who wants to see the same property. Does the new broker or my broker have to designate me as the licensee or how else can I behave? A buyer replacement contract is a contract between a buyer and a broker, not between a seller. Therefore, your buyers would still be represented by your former broker. However, your buyers may request to be exempted from buyer representation agreements with your former broker. Texas realtors® buyer representation agreements, and listing agreements contain the necessary written consents and other legal requirements for a broker to act as an intermediary. A relationship between a broker and a client can legally exist without a written document. However, there are four good reasons why a brokerage-client relationship should be in writing, whether with a buyer, seller, lessor, or tenant: a Texas Buyer Agency agreement is a contract between a real estate agent and a home buyer that outlines the agent`s responsibilities, services, and required compensation.
While these agreements are usually exclusive, they also can`t be exclusive, allowing the client to seek additional representation. . . .