eForms Logo

California Buyer Agency Agreement

Create a high-quality document now!

California Buyer Agency Agreement

Updated August 02, 2023

A California buyer agency agreement is a contract between a client and licensee that defines the agent’s obligations and financial compensation. The agent is typically given a commission for helping their client purchase real estate. If the property is discovered through a multiple listing service (MLS), the agent’s commission is usually factored into the purchase price already, meaning that the buyer wouldn’t necessarily be required to pay their agent. However, property that is put up for sale by the owner (i.e., no listing agent) won’t always take commission into account and, therefore, buyers should be more cautious with these transactions.

Disclosures

Agency Disclosure Form (§ 2079.14 & § 2079.16) – The agent must have the buyer sign this disclosure form which will inform them of the agent’s legal obligations as well as the variations of agency relationships in California.

Realtor Version

California Association of REALTORS®PDF (Sample)