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Michigan Buyer Agency Agreement

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Updated October 24, 2024

A Michigan buyer agency agreement is a contract that establishes the terms of the relationship between a real estate agent and their client, an individual intent on purchasing real estate. This agreement will outline the services to be performed by the agent, the length of the agreement, and the compensation associated with the arrangement.

Disclosures

Agency Disclosure Form – Before entering into an agency relationship, real estate agents must present clients with this disclosure form to look over and sign. This form also allows the agent to represent both buyer and seller in a real estate transaction (dual agency).[1]

Sources

  1. § 339.2517