Agency
In Oklahoma, buyer representation agreements should ideally be:
AVerbal to maintain flexibility for the buyer
BIn writing, signed by both the buyer and the broker✓ Correct
CRequired only for commercial transactions
DFiled with OREC before any showings
Explanation
While oral buyer representation agreements may be enforceable in some circumstances, written buyer representation agreements protect both the buyer and the broker by clearly defining the scope of representation, duration, and compensation terms.
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