Agreement To Cooperate With And 7 To Compensate Buyer'S Broker Form Page 2
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Notwithstanding anything in paragraph 4 to the contrary, the Proposed Buyer and Seller may
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designate the Buyer’s Broker as an Escrowee for the purpose of holding earnest money in
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accordance with the terms of their accepted written offer.
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6.
The term of this Agreement is for __________________________ days from and after the
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date of execution hereof (hereinafter the “Marketing Period”). If the Property is sold,
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conveyed or exchanged in any transaction wherein the Proposed Buyer or Proposed Buyer’s
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Designee acquires the Property during the time of the Marketing Period, or if the Proposed
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Buyer or Proposed Buyer’s Designee acquires the Property from any person who was granted
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an option to acquire the Property during the time of the marketing period, or if the Proposed
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Buyer or Proposed Buyer’s Designee leases the Property during the time of the Marketing
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Period and subsequently acquires the Property, or if the Property is acquired by the Proposed
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Buyer or the Proposed Buyer’s Designee directly or indirectly within ______ days after
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termination of the Marketing Period, Seller agrees to compensate Buyer’s Broker as provide in
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paragraph 3 above.
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For information purposes, the Licensee acting as Proposed Buyer’s Designated Agent is: _____________
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_____________________________________________________________________________________
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SELLER HEREBY ACKNOWLEDGES THAT SELLER IS NOT
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REPRESENTED BY A BROKER IN THIS TRANSACTION.
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SELLER IS CAUTIONED THAT THIS DOCUMENT WILL BECOME A LEGALLY BINDING
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DOCUMENT WHEN SIGNED BY ALL PARTIES AND DELIVERED, AND THEREFORE THE
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SELLER MAY WISH TO SEEK LEGAL ADVICE PRIOR TO SIGNING IT.
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Accepted on the date above written
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BUYER’S BROKER:
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By: __________________________________
__________________________________
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MANAGING BROKER
SELLER
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__________________________________
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SELLER
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Approved March, 2005
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Charge Code _____
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