Ƶ

Buyer Representation Agreement Template for Germany

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Buyer Representation Agreement

I need a buyer representation agreement for a residential property purchase, ensuring exclusive representation by the agent, with a clear outline of commission structure, duration of the agreement, and provisions for termination by either party with a 30-day notice.

What is a Buyer Representation Agreement?

A Buyer Representation Agreement is a formal contract between you and a real estate agent in Germany, giving them exclusive rights to help you find and purchase property. This binding document, known locally as a Maklervertrag, spells out the agent's duties to search, negotiate, and advise on your behalf.

Under German Civil Code (BGB), this agreement protects both parties by clearly defining the commission structure, typically 3-7% of the purchase price, and the service period. It also outlines the agent's obligations to maintain confidentiality and act in your best interests throughout the property search process, following strict German real estate regulations.

When should you use a Buyer Representation Agreement?

Sign a Buyer Representation Agreement when you're ready to seriously search for property in Germany and want dedicated professional support. This agreement becomes essential before working with a real estate agent (Immobilienmakler) who will invest significant time finding properties that match your criteria.

The agreement proves particularly valuable in competitive German real estate markets like Munich, Hamburg, or Berlin, where quick access to new listings matters. It ensures your agent prioritizes your search and gives you first notice of matching properties. Having this agreement in place also strengthens your position when making offers, as sellers know you're working with a professional representative.

What are the different types of Buyer Representation Agreement?

  • Exclusive Buyer Representation: The most common type in Germany, giving one agent sole rights to represent you for a fixed period (usually 3-6 months)
  • Non-Exclusive Agreement: Allows you to work with multiple agents but may result in less dedicated service
  • Limited-Service Agreement: Defines specific tasks the agent will perform, often at a reduced commission rate
  • Property-Specific Contract: Covers representation for purchasing a particular property only, common in commercial transactions
  • Term-Based Agreement: Sets clear start and end dates, with automatic renewal options common in German contracts

Who should typically use a Buyer Representation Agreement?

  • Property Buyers: Sign the agreement to secure dedicated representation in their property search, often first-time homebuyers or investors in German real estate
  • Real Estate Agents (Immobilienmakler): Draft and present the agreement, use it to establish their service commitment and commission structure
  • Legal Advisors: Review and modify agreements to ensure compliance with German real estate laws and protect client interests
  • Property Developers: Often work with buyers who have representation agreements, especially in new construction projects
  • Notaries (Notare): May reference these agreements during property purchase transactions, ensuring proper representation documentation

How do you write a Buyer Representation Agreement?

  • Property Requirements: Document your specific search criteria, including location, budget, and property type in German real estate terms
  • Agent Details: Gather the agent's license number, company information, and professional credentials as required by German regulations
  • Service Scope: Define exactly which services the agent will provide, from property viewings to negotiation support
  • Commission Structure: Clarify the percentage or fixed fee and payment terms, typical ranges being 3-7% in Germany
  • Duration Terms: Decide on the agreement length, usually 3-6 months, and include any extension conditions
  • Termination Rights: Specify notice periods and conditions for ending the agreement early under German contract law

What should be included in a Buyer Representation Agreement?

  • Party Information: Full legal names and addresses of both buyer and real estate agent, including professional registration numbers
  • Service Description: Detailed scope of agent's duties and responsibilities under German real estate law
  • Exclusivity Terms: Clear statement on exclusive or non-exclusive representation rights
  • Commission Structure: Precise fee calculation method and payment conditions (Provisionshöhe)
  • Duration Clause: Agreement start and end dates, including renewal and termination terms
  • Data Protection: GDPR-compliant privacy provisions for handling personal information
  • Dispute Resolution: German jurisdiction and applicable law clauses
  • Signatures: Dated signatures from all parties, with notarization if required

What's the difference between a Buyer Representation Agreement and a Broker Agreement?

A Buyer Representation Agreement differs significantly from a Broker Agreement in several key aspects, though both involve professional representation in German real estate transactions.

  • Scope of Service: Buyer Representation Agreements focus exclusively on property purchasing, while Broker Agreements can cover various services including selling, leasing, or property management
  • Client Relationship: Buyer Representation creates a fiduciary duty specifically to the buyer, whereas Broker Agreements might allow representation of multiple parties
  • Commission Structure: Buyer's agents typically earn 3-7% of the purchase price, while brokers may have varied fee structures based on service type
  • Duration: Buyer Representation usually spans 3-6 months for a specific search, but Broker Agreements often establish longer-term business relationships
  • Legal Obligations: Buyer's agents must disclose all relevant property information, while brokers have broader market disclosure requirements under German law

Get our Germany-compliant Buyer Representation Agreement:

Access for Free Now
*No sign-up required
4.6 / 5
4.8 / 5

Find the exact document you need

No items found.

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.