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The Buyer Representation Agreement is a fundamental document in Philippine real estate transactions, designed to protect the interests of property buyers while establishing clear professional parameters for real estate services. This agreement should be used whenever a buyer seeks professional representation in their property search and acquisition process. The document, which must comply with the Real Estate Service Act (RESA) and other relevant Philippine laws, typically includes detailed provisions about the scope of services, compensation structure, confidentiality obligations, and the duties of both parties. It's particularly important in the Philippine context where real estate transactions can be complex and require professional guidance to navigate local property laws and market conditions. The agreement helps prevent misunderstandings by clearly defining the relationship between the buyer and their chosen real estate professional, establishing expectations, and providing a framework for resolving any potential disputes.

1. Parties: Identifies the real estate professional/brokerage firm and the buyer, including their complete contact details and license information as required by RESA

2. Background: Establishes the context of the agreement, including the buyer's intention to purchase property and the agent's qualification to represent them

3. Definitions: Defines key terms used throughout the agreement, including 'Property Requirements,' 'Exclusive Representation,' and 'Commission'

4. Appointment and Scope of Authority: Details the buyer's appointment of the agent and the specific powers granted to the agent

5. Term of Agreement: Specifies the duration of the representation agreement, including start and end dates

6. Agent's Obligations: Lists all services and duties the agent will perform on behalf of the buyer

7. Buyer's Obligations: Outlines the buyer's responsibilities, including providing accurate information and cooperating with the agent

8. Compensation: Details the agent's commission structure, payment terms, and conditions for earning the commission

9. Confidentiality: Addresses the handling of confidential information in compliance with the Data Privacy Act

10. Termination: Specifies conditions and procedures for ending the agreement

11. Governing Law: Confirms that the agreement is governed by Philippine law and identifies relevant jurisdictions

12. Signatures: Space for parties to execute the agreement with appropriate witnessing