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CHOOSING THE RIGHT REPRESENTATION 5 Reasons to SignWith a Buyer's Agent PortlandVeteranHomes.com

When you start working with a buyer's agent, you'll be asked to sign a written buyer agreement. It's required before touring homes, and it's actually a good thing for you. A clear agreement spells out what you'll get, what it costs, and what you can expect from each other. Here's why it's worth signing.

5 Reasons to Sign

1

You Become a Client

A signed agreement makes you a client, which means your agent owes you loyalty, confidentiality, and advocacy. You're not just a customer being shown homes, you have someone working for you.

Veteran tip: Your top price, your timeline, and your motivation stay confidential with your agent.
2

Clear Services and Expectations

The agreement lists what your agent will do, from search and showings to negotiation and closing, and what's expected of you. That clarity prevents misunderstandings later.

Veteran tip: If you need video tours or remote closings because of a PCS or deployment, ask to note it in the agreement.
3

Transparent Compensation

The agreement states how much your agent is paid and how. Compensation is negotiable and isn't set by law. In many cases, a seller or builder agrees to cover some or all of it, but you'll know the terms up front.

Veteran tip: VA rules on whether a veteran can pay buyer agent compensation have changed in recent years. We'll confirm the current rules with your lender so there are no surprises.
4

A Committed Advocate

When both sides commit in writing, your agent can invest fully in your search, from tracking new listings to preparing CMAs and negotiating hard on your behalf.

Veteran tip: An agent who's committed to you will also tell you when a home isn't a good deal, even if it means more searching.
5

Flexibility to Fit Your Needs

Agreements can be tailored. You can discuss the length, the geographic area, the type of property, and how to end the agreement if it isn't working.

Veteran tip: If you're only searching for a short window before a report date, a shorter agreement term may make sense.

The bottom line: A buyer agreement isn't about locking you in. It's about clear expectations, honest compensation, and an agent who's fully committed to you. Read it carefully, ask questions, and make sure the terms fit your plans. I'm always happy to walk you through mine line by line.

Frequently Asked Questions

What is a buyer representation agreement?

It's a written contract between you and a buyer's agent that establishes the relationship, the services you'll receive, the agent's compensation, and the length of the agreement.

Do I have to sign a buyer agreement to tour homes?

Yes. Under current REALTOR® practices, a written agreement is required before an agent tours homes with you, and Washington law also requires a written buyer services agreement.

Is buyer agent compensation negotiable?

Yes. Compensation is not set by law and is negotiable between you and your agent. It's spelled out in the agreement.

Who pays the buyer's agent?

It depends on the agreement and the deal. Sellers or builders often agree to cover some or all of it, but the buyer agreement explains what happens if they don't.

Can a veteran pay buyer agent compensation on a VA loan?

VA rules on this have changed in recent years. Your lender can confirm the current policy, and your agent will structure the agreement and offer accordingly.

Can I cancel a buyer agreement?

Many agreements include terms for ending the relationship. Ask about them before you sign so you understand your options.

Troy Doty, Principal Broker, Northwest Realty Source Licensed in Oregon and Washington

Meet Your Veteran Realtor

Troy Doty, Principal Broker

Troy Doty is a Principal Broker with Northwest Realty Source in Portland, with 25 years in real estate and over 1,000 homes sold across the Portland metro and SW Washington. As a Marine Corps veteran, Troy has a true passion for helping Portland veterans and active duty military families buy and sell homes, whether you're PCSing in, transitioning out, buying your first home, investing in a duplex, triplex, or fourplex, or right sizing later in life.

25+ years local experience 1,000+ homes sold USMC Veteran & VA specialist
Schedule a Call or Video Meeting ➜ More About Troy ➜ Free Veteran Buyer E-Book

Prefer to call or email? 503.997.4169 · troy@nwrealtysource.com

Troy Doty, Principal Broker, Northwest Realty Source. Licensed in Oregon and Washington. ABR®, MRP, and SRES® are credentials of the National Association of REALTORS® and its affiliates. CIAS™ is a designation of U.S. Realty Training. Content adapted in part from ABR® consumer resources. This page is general information, not legal, tax, or lending advice.