{"id":16208,"date":"2025-02-05T02:00:21","date_gmt":"2025-02-05T10:00:21","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=16208"},"modified":"2025-10-30T07:57:18","modified_gmt":"2025-10-30T14:57:18","slug":"buyer-buyer-broker-agreement","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/buyer-buyer-broker-agreement\/","title":{"rendered":"What\u2019s a Buyer Broker Agreement, And What Should You Know Before Signing One?"},"content":{"rendered":"<p>Gone are the days when a simple handshake could solidify a working agreement between a buyer and their real estate agent. Instead of a handshake, buyer\u2019s agents are presenting homebuyers with a document called a \u201cbuyer broker agreement\u201d \u2014 and you might be confused as to what exactly it is.<\/p>\n<p>If this is your <a href=\"https:\/\/www.homelight.com\/blog\/buyer-first-time-home-buyer-tips\/\">first time buying a house<\/a>, the buyer-broker agreement is just another document in a long list of others that require your signature. However, if you purchased a home before the 1990s, you might be wondering why this document is necessary.<\/p>\n<p>Before we discuss the buyer-broker agreement in detail, let\u2019s first clarify what a buyer\u2019s agent does.<\/p>\n<p>\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">Find a top real estate agent near you<\/h3>\n                        <p>We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. It takes just two minutes to match you with the best real estate agents, who will contact you and guide you through the process.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/find-agent\/quiz\/buyer?#\/qaas=0\/\" class=\"cta-click-track widget-element--button\">Get Started<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n <div id=\"section--1\" data-toc-header=\"What does a buyer&#039;s agent do?\" data-toc-type=\"head\"><\/div><\/p>\n<h2>What does a buyer\u2019s agent do?<\/h2>\n<p>A buyer\u2019s agent is a <a href=\"https:\/\/www.homelight.com\/blog\/buyer-what-does-a-real-estate-agent-do\/\">real estate professional<\/a> who\u2019s going to be your new best friend during this exciting and sometimes stressful endeavor. We spoke to <a href=\"https:\/\/www.homelight.com\/agents\/joshua-mcknight-pa-307443\">Josh McKnight<\/a>, a top-selling <a href=\"https:\/\/www.homelight.com\/states\/pa\">real estate agent in Pennsylvania<\/a>, and he describes the role of the buyer\u2019s agent:<\/p>\n<p>\u201cA buyer\u2019s agent has a fiduciary responsibility to their client, the buyer, to make sure that they understand the language in the contract and make sure they\u2019re buying a home that fits their needs. They make sure the buyer is choosing all the correct contingencies and that they\u2019re not being taken advantage of.<\/p>\n<p>\u201cThey also have a responsibility to make sure that the home is worth what the sellers are asking for, and will work with the buyers to make an offer.\u201d<\/p>\n<p>In short, <a href=\"https:\/\/www.homelight.com\/blog\/buyer-why-hire-a-real-estate-agent\/\">working with a pro<\/a> who legally represents you and looks out for your best interests \u2014 throughout the entire <a href=\"https:\/\/www.homelight.com\/blog\/buyer-steps-to-buying-a-house\/\">home purchase process<\/a> \u2014 is a very good thing. It\u2019s certainly <em>possible<\/em> to buy a home <a href=\"https:\/\/www.homelight.com\/blog\/buyer-buying-a-home-without-a-realtor\/\">without the representation of a buyer\u2019s agent<\/a>, but in a competitive market where things change rapidly, you\u2019ll be glad to have a knowledgeable professional on your side.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What\u2019s the buyer broker agreement? We\u2019ll break down this important document\u2019s components and explain why it\u2019s one document you don\u2019t want to forget to sign.<\/p>\n","protected":false},"author":135,"featured_media":53882,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[192,700,646],"tags":[],"class_list":["post-16208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-buyers","category-buyer-contracts","category-making-offers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Homebuyer\u2019s Guide for Understanding the Buyer Broker Agreement<\/title>\n<meta name=\"description\" content=\"What\u2019s the buyer broker agreement? 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Articles, guides, and advice from top agents all over the U.S.","email":"support@homelight.com","telephone":"(888) 688-0350","legalName":"HomeLight","foundingDate":"2012-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"}},{"@type":"Person","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/1a9cb6a7b25cc51c499f82d20768b28d","name":"Amber Taufen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2c25c507fd940b55aa542febbeeaa836b0405115402d8bed7d97e9b9a98c6e84?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c25c507fd940b55aa542febbeeaa836b0405115402d8bed7d97e9b9a98c6e84?s=96&d=blank&r=g","caption":"Amber Taufen"},"description":"Amber was one of HomeLight\u2019s Buyer Center editors and has been a real estate content expert since 2014. 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