A broker typically establishes buyer representation through which of the following?

A broker typically establishes buyer representation through a buyer representation agreement. This type of agreement formalizes the relationship between the broker and the buyer, outlining the obligations and expectations of both parties. In this document, the buyer grants the broker the authority to represent their interests in the purchase of a property, which can include tasks like searching for suitable listings, negotiating offers, and providing market analysis.

This agreement is essential as it creates an agency relationship, ensuring that the broker is acting in the best interest of the buyer throughout the buying process. It also provides clarity on commission arrangements and the scope of services the broker will provide. Establishing this formal relationship helps to protect the buyer's interests and sets clear communication and collaboration expectations between the broker and the buyer.

In contrast, a contract for deed pertains to financing arrangements for purchasing property, a listing agreement is used when a seller hires a broker to sell their property, and a sales contract is executed once an offer is accepted to purchase a property. None of these documents establish the direct representation of buyers that is accomplished through a buyer representation agreement.