Agency
In Kansas, what is a 'buyer representation agreement' and why is it important?
AA contract requiring the buyer to purchase a specific property
BA written contract establishing the agency relationship between a buyer and broker, defining duties and compensation✓ Correct
CA lender's pre-approval letter
DA form the buyer signs at the MLS listing
Explanation
A buyer representation agreement formalizes the buyer-broker relationship, confirms that the broker represents the buyer's interests, and sets the compensation arrangement. It provides clarity and legal protection for both parties.
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