Henri Gourd 914-954-3897 henrigourd@bhhsne.com Why do I need to sign this? Ohn Sellers have long signed a listing contract with their broker outlining the services they will receive, the commis- sion they will pay should the sale close and a pledge by the broker to safeguard confidential information including the seller's motivation to sell and the lowest sale price they might accept. Not until 1996 had buyers been afford- ed the same protection. The terms of the right to represent buyer contract parallel the seller's listing agreement. Before then, a buyer might walk into an open house and, striking up a good rapport with the agent on duty, disclose their ability to pay well over asking price and their immediate need to move. What the buyer did not realize was that the agent on duty represented the seller and by sharing this information, the buyer had compromised his negotia- tion position. To ensure the buyer is aware of the relationships between buyer and seller and their agents, Connecticut requires buyers to sign either the right to repre- sent buyer contract, or a form acknowl- edging their understanding of the relationship and stating their desire not to be represented. The exclusive right to represent buyer contract is limited by geography and term. This allows a buyer to work with another broker outside the designated area and after the contract expires. In the buying and selling process, there are many forms to sign. Be sure your agent explains each one to your satisfaction. BERKSHIRE HATHAWAY Home Servi New England Properties Selling it all, from cottages to castles! Henri Gourd 914-954-3897 henrigourd@bhhsne.com Why do I need to sign this ? Ohn Sellers have long signed a listing contract with their broker outlining the services they will receive , the commis sion they will pay should the sale close and a pledge by the broker to safeguard confidential information including the seller's motivation to sell and the lowest sale price they might accept . Not until 1996 had buyers been afford ed the same protection . The terms of the right to represent buyer contract parallel the seller's listing agreement . Before then , a buyer might walk into an open house and , striking up a good rapport with the agent on duty , disclose their ability to pay well over asking price and their immediate need to move . What the buyer did not realize was that the agent on duty represented the seller and by sharing this information , the buyer had compromised his negotia tion position . To ensure the buyer is aware of the relationships between buyer and seller and their agents , Connecticut requires buyers to sign either the right to repre sent buyer contract , or a form acknowl edging their understanding of the relationship and stating their desire not to be represented . The exclusive right to represent buyer contract is limited by geography and term . This allows a buyer to work with another broker outside the designated area and after the contract expires . In the buying and selling process , there are many forms to sign . Be sure your agent explains each one to your satisfaction . BERKSHIRE HATHAWAY Home Servi New England Properties Selling it all , from cottages to castles !