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Minnesota Buyer Agency Agreement

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Updated October 24, 2024

A Minnesota buyer agency agreement is a legal document outlining the terms of the relationship between a real estate agent and a buyer of real estate. In addition to setting compensation for the agent, the agreement details the services to be performed by the agent, such as exploring listings and communicating with other realtors.

Disclosures

Agency Disclosure Form – Before a client is represented by a real estate agent, they are merely a customer and must be made aware of the types of agency relationships available to them. They become a client only when a listing agreement or buyer representation agreement is signed.[1]

Sources

  1. § 82.67