Which agreement ensures the buyer's broker will receive a commission?

The buyer broker agreement is a contractual arrangement that specifically secures a commission for the buyer's broker. This agreement is crucial for outlining the responsibilities and expectations of both the buyer and the broker, ensuring that the broker is compensated for their efforts in assisting the buyer with their property search.

This agreement typically stipulates that the broker will be entitled to a commission if the buyer purchases a property during the term of the agreement, regardless of whether the seller or another agent is involved in the transaction. By having this agreement in place, buyers can also benefit from the expertise and dedicated service of their broker, who is motivated to work in the buyer's best interests.

In contrast, the other options do not guarantee a commission for the buyer's broker. For instance, an exclusive agency agreement may allow for certain scenarios where the seller does not owe a commission if they sell the property independently. A seller's market agreement isn't a recognized type of contract related to broker commission. The exclusive right to sell agreement primarily secures the seller's broker a commission for selling the property, emphasizing the obligations of the seller rather than ensuring compensation for a buyer's broker.