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Ca Broker Agreement

Even if a buyer enters into another contract with another broker or uses another broker without the benefit of an agreement, the buyer, if he acquires the property identified in the agreement, may still owe compensation to the broker. One. The BR-11 (Buyer Representation Agreement) is an agreement between a potential buyer of real estate and a real estate agent. The agreement has three main features. First, it defines the scope of tasks and obligations to be performed by buyers and brokers. Second, there is a written agreement on a dual agency when an agency grows. Third, the period of time during which legal action can be brought against the broker is limited. This form is not exclusive and can be revoked at any time by the buyer or broker….

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