Different Brokerage Relationships are available which include Seller Agency, Buyer Agency or Transaction Brokerage. A Seller’s Agent works solely on behalf of the Seller to promote the interests of the Seller with the utmost good faith, loyalty and fidelity. The Seller’s Agent negotiates on behalf of and acts as an advocate for the Seller. A Buyer’s Agent works solely on behalf of the buyer to promote the interest of the buyer with the utmost good faith, loyalty and fidelity. The Buyer’s agent negotiates on behalf of and acts as an advocate for the buyer. A Transaction-Broker assists the buyer or Seller or both throughout a transaction by performing terms of any written or oral agreement without being an agent or advocate for any of the parties. A Customer is a party to a transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker.
In order to induce Broker or Seller to furnish Information regarding the Business (the "Information") to Buyer for Buyer's evaluation and possible purchase of Business and in consideration for Broker's and/or Seller's furnishing such Information, Buyer understands, agrees, represents and warrants to Broker and Seller as follows: