tresdee: Protection clause of what kind? From absolute stupidity? A contract is a meeting of the minds reflected in an agreement. (It doesnâ€™t even have to be in writing for it to be a contract, verbal agreements are just harder to prove exactly what was agreed upon and contracted for by the parties!) So, my really honest question is: What protection do you want that you have not insisted be part of any contract you sign? We see, on this site, over and over again, the complaint that someone signed an "agreement" (a hazy way for saying contract) and there was small print or undefined issues. While I will admit that a Realtor SHOULD know the business better that your average buyer or seller, our professional association and most brokerages are well aware of the impact of a public reputation for doing business in straightforward way.
Nevertheless, if you sign something you haven't read or don't understand, the only protection clause that will work is one that voids the contract on the grounds of stupidity. It should be followed by a law that forbids the incompetent from entering into agreements. Oh! I think that is already covered. Just declare mental incompetence and you're home free.
If I seem â€œtough,â€ I guess that I am just tired of people who want someone else to do the work, including that of thinking things through.
Best wishes in your real estate transactions. Hire an expert in real estate, and also in law and in home inspections before you sign anything, except if you have a â€œprotectionâ€ clause that lets you act according to the information that you receive in a timely manner.