No. I have heard and seen the agreements but have never met a fellow Realtor who actually uses them. The basically are signed to make sure the agent will be compensated for their work by the client agreeing to work with them until a property is purchased. It is a question of Loyalty. Agents don't get paid unless there is a closing. If the buyer finds another agent and leaves the one they have been working with hanging, they will never recuperate the money spent in gas, time invested, and education/knowledge provided....not even break even, it will be a financial loss.
My experience is most clients will be as loyal as I am towards them. Have been burned a few times, but I chose to continue to believe most people are inherently good. So no buyer's agreement in my future. Was this answer helpful? If so please click on the "green thumbs up" or the "best answer".
La Rosa Realty