Buyer Agent Contract

POLICY AGREEMENT WITH BUYERS

The undersigned Client and Broker hereby agree that for the Term of this Agreement the broker shall exclusively represent the Client on the terms herein after set forth as the Client's agent in locating and purchasing Real Property of the type generally described below.

(1) TERM

The term of this Agreement shall commence on the date of signing by the parties and shall terminate on the first to occur of (a) the purchase by the Buyer of the Real Property (b) termination of the contract on _________, 200 . (CONTRACT MAY BE TERMINATED AT ANY TIME . . . FOR ANY REASON!)

(2) BROKER'S OBLIGATION

In consideration of the Compensation to be paid hereunder, the Broker will provide the Client with the following services:

A) Consult with the Client to determine the Clients' needs and desires with respect to the Real Property.

B) Locate and present to the Client available properties meeting the Client's requirements.

C) Make appointments and show the Client properties on reasonable notice.

D) Negotiate price, terms and conditions.

E) Assist the Client in obtaining mortgage financing.

F) Assist in the closing of the purchases of the Real Property by the Client.

The Buyer understands that other potential purchasers may make offers on or purchase through the Broker the type of Real Property which the Buyer is seeking to acquire. The Buyer consents to the Broker's representation of such other potential purchasers before, during and after the expiration of this agreement.

(3) CLIENT'S OBLIGATION

The Client agrees that he/she will work exclusively with the Broker during the term of this agreement; furnish the Broker with the necessary personal and financial information to insure the Client's ability to purchase the Real Property, conduct all negotiations for the purchase of the Real Property through the Broker, and refer to the Broker all inquiries received in any form from real estate brokers, salespersons for prospective sellers, or any other source; and be available to examine properties located by the Broker.

(4) COMPENSATION

The paragraphs completed below shall form the compensation to be paid to the Broker for services under this Agreement.

__X__ A) A fee of $1.00 which shall be credited to the total amount due at closing of the purchase of Real Property under this agreement. (RETAINER FEE IS REQUIRED TO BIND THE CONTRACT. FEE IS 100% REFUNDABLE!)

__X__ B) If the Client or any person acting in the Client's behalf buys, exchanges for, or obtains an option on any Real Property that was shown to the Client by the Broker within the term of this Agreement, and for a period of 90 days after the termination of this Agreement, a fee of 2.5%(OR a percentage amount equal to that paid to a Seller's agent or a Facilitator) of the total purchase price is to be paid at the closing of the purchase of the Real Property by the Client.

(5) DESCRIPTION OF REAL PROPERTY

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>[This section is used to specifically describe the kind of property the buyer would like to purchase]
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(6) NOTICES

Any notice required or permitted to be given hereunder shall be in writing, addressed to the parties at the addresses set forth in Agreement and shall be deemed to have been properly given or served on the date of delivery. If delivered by hand or courier service, or if mailed at the time such notice is indicated as stamped by any post office regularly maintained by the United States Postal Authority, provided that such notice is mailed postage prepaid by registered or certified mail, return receipt requested.

(7) MISCELLANEOUS

The Client authorizes the Broker to negotiate compensation either as a cooperative commission offered by a listing Broker or to be paid by a Seller, provided that any such payment is made with the Buyer's prior knowledge and written consent. It is understood that the payment of any commission by a listing Broker or a Seller from the sales proceeds shall be solely for economic adjustment purposes and will not make the Broker either the agent of the Seller or the sub-agent of the listing broker, and shall in no way affect the obligation of the Broker to act as the sole and exclusive agent of the Buyer. Any portion of the Broker's compensation paid by a listing broker or a Seller to the Broker shall be credited against the obligation of the Buyer hereunder. (THE PREVIOUS SENTENCE MEANS THAT THE 2.5% BUYER AGENT FEE MAY BE PAID BY THE LISTING OFFICE AS PART OF THE LISTING AGREEMENT BETWEEN THE SELLER AND THE LISTING AGENT!)

Broker hereby advises Buyer to seek legal, tax and other professional advice relating to any proposed transaction. Broker does not make any representation or warranty with respect to the advisability of or the legal effect of any transaction contemplated by the Buyer.

THIS AGREEMENT executed as an instrument under seal is dated as ________________200 , and shall be binding upon and inure to the Client, the Broker and their respective successors and assigns.

BROKER/AGENT:

Doug Stamm

Re/Max Landmark

(508) 341-0989

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Broker/Agent Signature

__________________________                                                           _________________________

Buyer Signature                                                                                    Buyer Signature

DUAL AGENCY DISCLOSURE:

The Buyer hereby acknowledges the possibility of Disclosed Dual Agency Representation. The Buyer also acknowledges that the Dual Agent shall not be liable for refusing or failing to disclose information which could harm either party's bargaining position.

   __________________________                                                        _________________________

Buyer Signature                                                                                  Buyer Signature