Term: This Agreement shall commence on ______ and shall expire at p.m. Mountain Standard Time on ______.Owner acknowledges that signing more than one Exclusive Agency or other form of listing contract for the same Term could expose. This is a legally binding contract, if not fully understood seek competent legal advice before signing. Beginning in midAugust, NAR's proposed settlement agreement requires members to sign written agreements with potential buyers prior to touring a home. Listing and Buyer Employment Agreements. Written in clear and unambiguous language. Allow for an unlicensed person in the direct employ of the broker to withdraw funds or be a signer on the property management trust account. A buyer agency agreement is between a real estate broker (seller's agent) that agrees to represent a buyer in a real estate transaction. Buyer Broker Agreement to Show Property.