What document outlines the duties in a broker-buyer agency relationship?

The document that outlines the duties in a broker-buyer agency relationship is the buyer representation agreement. This agreement specifically details the obligations and responsibilities of both the broker and the buyer, establishing the terms under which the broker will represent the buyer in their search for a property.

In this context, the buyer representation agreement clarifies aspects such as the scope of the broker's authority, the services they will provide, and the duration of the relationship. It also typically includes provisions regarding compensation and may outline how the broker will act in the best interests of the buyer, which is central to the agency relationship.

Other documents like agency disclosures and listing agreements serve different functions. The agency disclosure informs parties about the nature of the agency relationships in real estate transactions, while the listing agreement is focused on the relationship between a seller and a broker. A sales contract, on the other hand, is a document that outlines the terms of the sale when a buyer and seller have agreed on a property but does not pertain to the duties and responsibilities in an ongoing broker-buyer agency relationship.