Which document is a buyer often required to sign prior to viewing properties in Illinois?

Prepare for the Illinois Broker Reciprocity Exam. Use flashcards and multiple-choice questions complete with hints and explanations. Ace your exam!

In Illinois, a buyer is often required to sign a Buyer Representation Agreement prior to viewing properties. This document establishes a formal relationship between the buyer and the real estate agent, outlining the agent's responsibilities and the buyer's obligations. It represents the beginning of a professional partnership, ensuring that the agent is committed to acting in the buyer's best interests throughout the property search process.

The Buyer Representation Agreement not only provides clarity on the scope of the realtor's duties but also sets the stage for the buyer's loyalty to the agent, often distinguishing the agent as a fiduciary. This agreement helps protect both the buyer's and the agent's interests and ensures that the buyer receives dedicated services and guidance while navigating the real estate market.

The other options play different roles in real estate transactions. For example, the Disclosure of Dual Agency informs clients about the implications of the agent representing both the buyer and seller. A Purchase Agreement is a contract completed after a buyer has found a property they wish to purchase. An Option Agreement provides the buyer with a right to purchase a property at a later date but is not standard for initial viewings. Therefore, the Buyer Representation Agreement is the document most commonly required before a buyer begins viewing properties in Illinois.

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