Click Here for PDF version

Buyer Brokerage Agreement

SINGLE AGENT NOTICE

FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES OPERATING AS SINGLE AGENTS DISCLOSE TO BUYERS AND SELLERS THEIR DUTIES.

As a single agent, the CU Realty Center and associates owe to you the following duties:

  1. Dealing honestly and fairly;
  2. Loyalty;
  3. Confidentiality;
  4. Obedience;
  5. Full disclosure;
  6. Accounting for all funds;
  7. Skill, care, and diligence in the transaction;
  8. Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing; and
  9. Disclosing all known facts that materially affect the value of residential real property and are not readily observable.
         
  Signature   Date  
         
         
  Signature   Date  
         

As a Member Service, we offer Buyer Agent representation to Credit Union Members. You receive one-third of any commission paid to the CU Realty Center for any property you purchase listed in the MLS or any new, builder built property of which a commission is paid by the builder. This Member Commission Buyer Rebate can be as much as 1.00% of the home's sales price.

A Buyer's Agent represents only your interests as the home purchaser; not the Seller's...they are represented by their Listing Agent.

When the Seller pays the Listing Agent's Real Estate Commission at settlement the commission amount is "split" between the Listing and Selling/Buyer Brokers/Agents.  Commissions are negotiable, but six (6%) percent of the sale price is quite a normal commission rate that Sellers pay.  Therefore, on a $200,000 home a 6% real estate commission is $12,000.  As your Buyer's Agent we would receive half, $6,000.  And, as a Credit Union Member Benefit, we would give one-third of the $6,000 (a $2,000 Buyer Rebate) to you.  The below shows a few other examples:

PURCHASE PRICE   

 

   YOUR REBATE

$150,000          

=

           $1,500

$200,000          

=

           $2,000

$250,000          

=

           $2,500

$300,000          

=

           $3,000

Call John Hill at (407) 796-2804 or email us at information@curealty.org

CU Realty Center

Raymond John Hill III

Licensed Real Estate Broker