Pensacola Real Estate Blog August 12, 2025

Buyer Brokerage Agreements: Peace of Mind for Home Buyers

What Is a Buyer Brokerage Agreement?

A Buyer Brokerage Agreement is a simple, written contract between you and your REALTOR® that outlines how your agent will represent you throughout the home-buying process. Rather than relying on outdated, informal understandings, this agreement ensures both parties share clear expectations from day one.

By signing this document, you’re not locked into a long-term commitment—you’re simply formalizing the relationship so your agent can work confidently on your behalf.

Why It Matters Today

The National Association of REALTORS® now requires agents to engage buyers in writing before showing properties. This isn’t about red tape; it’s about accountability and clarity. With a signed agreement, you:

  • Understand exactly how your agent will search for and present homes
  • Know your rights regarding disclosures, negotiations, and confidentiality
  • Gain transparency on commissions and fees before they ever come into play

This written agreement protects you, your agent, and the integrity of the transaction.

Your Options: Short-Term vs. Long-Term Agreements

You maintain full control over how long you work with your buyer’s agent. Common choices include:

  • Short-Term Agreement: Ideal if you’re early in your search or testing the market. You get committed help for a defined period, then reassess.
  • Long-Term Agreement: Best for buyers who know their timeline and want a steady advocate through every step, from the first tour to closing.

Either route leaves you free to move forward at your own pace—and to switch strategies if your needs change.

When Selling Agents Are Exempt

If you’re working directly with the listing agent (the “selling agent”), these Buyer Brokerage Agreements aren’t required. In that scenario, the listing agent is already representing the seller but can also show you the property. Make sure you understand exactly whose interests are being served, and don’t hesitate to ask for clarity.

Frequently Asked Questions

  • Do I have to pay more if I sign an agreement? No. Commissions are typically paid by the seller, not the buyer. Your agreement simply clarifies how your agent will earn and apply their commission.
  • Can I cancel or switch agents? Yes. Most Buyer Brokerage Agreements include easy-out clauses or defined end dates so you can change course if you’re not getting the service you need.
  • What if I find a home on my own? Your agent will guide you through the purchase—reviewing contracts, handling negotiations, and coordinating inspections—regardless of how you spot the property.

Working with a Great Agent

At first, signing paperwork may feel unfamiliar, but a professional REALTOR® will walk you through every section of the agreement, answer your questions, and tailor the terms to your goals. Once you understand the process, you can relax, knowing that your agent is fully authorized to protect your interests and help you find your dream home.

Pensacola Real Estate Blog February 14, 2023

Spring is Coming

Spring comes a little earlier on the Gulf Coast than other areas of the country.

As the sun shines on the Gulf of Mexico the water warms up and then the air warms too! That warm air brings out the real estate buyers as surely as grandma does her spring cleaning.

What all that means for the real estate market is that new listings come to market and buyers should be ready.

In a recent presentation by a local lender, they discussed the importance of a good pre-approval letter for all buyers. Buyers should be aware that some pre-approval letters aren’t worth the paper they are written on and will only end with the buyer being disappointed and potentially out hundreds of dollars for inspections and appraisals!

Those cloud based lenders should be avoided when possible and a local lender engaged for the loan. This will almost always provides a smoother transaction and a face at the closing table.

Contact  me for a list of trusted lenders!

Till next time…..

Dan

Pensacola Real Estate Blog January 6, 2023

Welcome to 2023!

Happy New Year! 

It seems that everyone that I meet is wondering what the real estate market holds for 2023.

Since real estate is hyper-local, I always begin by saying: It depends on where you are!

For the local real estate market, I see 2023 as a potentially less volatile year that the last several. I believe this because our highs tend to be less high than average and our lows less low.

People continue to move to Florida and our workforce housing situation has not improved. There is a real shortage of entry level homes and this isn’t going to end anytime soon. The reason is simple…. nobody is building entry level homes in this market.

This will change and the supply and demand issues get sorted out in the market place. But until that time…. there will still be a robust market for homes under the median price in the Pensacola MSA.

If you have question or concerns about selling or buying, just let me know. I would be happy to provide the most up to date analysis possible to help you.

Have a great year everyone!

 

Dan