What is the difference between a Listing Agreement and a Buyer Representation Agreement?

The Listing Agreement and the Buyer Representation Agreement are two separate legal documents that are associated with the process of buying and/or selling real estate in New York. While they are both agreements that involve the rights and responsibilities of both parties, there is an important difference between the two. A Listing Agreement is a contract between a real estate broker, or agent, and a seller that outlines the services that the broker will provide in order to list and market the seller’s property. It also outlines the commission that the broker will receive when the property is sold. A Buyer Representation Agreement is a contract between a real estate broker and a buyer that outlines the services that the broker will provide in order to help the buyer find and purchase a property. It also outlines the commission that the broker will receive when the buyer purchases a property. In summary, a Listing Agreement is an agreement between a seller and a real estate broker, while a Buyer Representation Agreement is an agreement between a buyer and a real estate broker. Both of these documents are crucial to the process of buying and/or selling real estate in New York.

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What is the difference between a Listing Agreement and a Buyer Representation Agreement?

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