Here are the essential components you’ll find in a typical Tennessee Buyers Representation Agreement:

1. Exclusive Agency Relationship

Most agreements in Tennessee are exclusive, meaning you agree to work solely with the agent or brokerage during the term of the agreement. In return, your agent commits to representing your best interests—not the seller’s.

2. Duties and Responsibilities of the Agent

Your agent agrees to:

• Assist in locating and showing suitable properties

   

• Provide market analysis and pricing guidance

   

• Write and negotiate offers

   

• Advise on inspections, financing, and closing processes

   

• Maintain confidentiality and loyalty throughout.

   

3. Buyer’s Responsibilities

As a buyer, you agree to:

• Work exclusively with the agent

   

• Be truthful and responsive in communication

   

• Provide necessary documents in a timely manner (such as loan pre-approvals)

   

4. Duration of Agreement

This section states how long the agreement is in effect—typically anywhere from 30 days to six months. If the agreement expires and you haven’t purchased a home, you can renew it or go a different direction.

5. Compensation

Most often, buyer’s agents are paid by the listing brokerage (i.e., the seller’s side) as part of the transaction, meaning you typically don’t pay out of pocket. However, the agreement will spell out how and when the agent is compensated in case that structure changes.

6. Protection Period

This clause protects the agent’s work and ensures that if you purchase a home the agent showed you within a certain number of days after the agreement expires, they are still entitled to compensation.

Why It Benefits You as the Buyer

Many buyers don’t realize that without a signed agreement, a real estate agent technically works as a facilitator—not a representative—which limits the level of advocacy and guidance they can provide.

By signing a Buyers Representation Agreement:

• You gain full fiduciary loyalty from your agent
  
  
• You receive strategic advice on price, negotiations, and terms
  
  
• You can expect confidentiality, especially about your motivations, financial details, and goals
  
  

It formalizes your relationship and ensures that someone is looking out solely for your best interests.

Can You Cancel the Agreement?

Yes. Most agreements include a termination clause that allows either party to cancel under certain conditions. It’s a good idea to ask about this upfront and choose an agent who makes you feel comfortable and confident.

Final Thoughts

Signing a Tennessee Buyers Representation Agreement is a smart, strategic step for any serious homebuyer. It provides clarity, legal protection, and a dedicated advocate to help you navigate one of the most significant financial decisions of your life.

As a local Realtor committed to serving clients across Middle Tennessee—from Nashville to Franklin, College Grove, Spring Hill, and beyond—I’m here to answer any questions you have about the process. If you’re ready to start your home-buying journey or just want to learn more about your options, let’s talk!