¶¶Òõ¶ÌÊÓƵ

The Buyer's Representation Agreement is a crucial document in Irish real estate transactions that formalizes the professional relationship between a property buyer and their chosen real estate agent. This agreement is particularly important in the Irish market where property transactions are governed by strict regulatory requirements under the Property Services Regulatory Authority (PSRA). The document typically includes detailed provisions about the scope of services, commission structures, exclusivity periods, and obligations of both parties. It's essential for protecting both the buyer's and agent's interests, ensuring transparency in the relationship, and maintaining compliance with Irish property law and consumer protection regulations. The agreement should be used whenever a buyer wishes to engage professional representation in property transactions, whether for residential or commercial purposes.

1. Parties: Identifies the buyer(s) and the real estate agency/agent, including full legal names, addresses, and registration details

2. Background: Outlines the context of the agreement - buyer seeking representation in property purchase and agent's qualification to provide services

3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Services', 'Commission', 'Exclusive Period' etc

4. Appointment and Scope of Services: Details the appointment of the agent and comprehensive list of services to be provided

5. Term and Termination: Specifies the duration of the agreement, renewal terms, and conditions for termination

6. Agent's Obligations: Lists all duties and responsibilities of the agent including property search, negotiations, and professional conduct

7. Buyer's Obligations: Outlines buyer's responsibilities including providing accurate information and cooperation

8. Fees and Payment Terms: Details the fee structure, payment schedule, and any additional costs

9. Confidentiality: Addresses the handling of confidential information and data protection requirements

10. Compliance with Laws: Confirms adherence to relevant Irish property and consumer protection laws

11. Limitation of Liability: Defines the extent and limitations of the agent's liability

12. General Provisions: Standard clauses including notices, entire agreement, governing law, and jurisdiction