Exclusive Buyer Agency Agreement
What are people's current thoughts about exclusive BAA's. We have sold our house and are relocating ourselves to NC. Our listing agent here has referred us to agents (we are deciding between 2 different cities) both within the same big name brokage as she is. In doing as much before hand as possible before the move so we can hit the ground running we have been sent sample copies of the documents that we would sign as buyers. Among them is a BAA. We have never seen one before and I'm a bit uncomfortable with it. I certainly agree an agent should be paid for their efforts that lead to a completed sale but that was never an issue that required contracts on the buyer side before why does it now?