What is a buyer representation agreement? A buyer representation agreement (BRA) is a contract that binds you to work exclusively with one real estate brokerage for an agreed-upon period of time when you’re in the market to buy a home. And, if you do, you’re under no obligation to actually purchase a home during the term of the agreement. Signing a BRA is a commitment that comes with rights and responsibilities, so think carefully about your needs. The BRA would remain in effect unless the Toronto brokerage allows you to terminate it.

Source: thestar April 28, 2018 12:56 UTC