Buyer Representation
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A Real Estate Brokerage representing a Buyer must do what is best for the Buyer.
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A written contract, called a Buyer Representation Agreement, creates an agency relationship between the Buyer and the Brokerage, and establishes Buyer Representation. It also explains services the Brokerage will provide, establishes a fee arrangement for the REALTOR's services and specifies what obligations a Buyer may have.
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Typically Buyers will be obligated to work exclusively with that Brokerage for a period of time.
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Confidences a Buyer shares with a Buyer's Agent must be kept confidential.
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Although confidential information about the buyer cannot be disclosed, a seller working with a buyer's agent can expect to be treated fairly and honestly.